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Property profile & analytics
FOR SALE
Commercial land

418 Freel Dr Ames, IA 50010-6515

1.6 ac lot
Entity Owned Absentee Owner Free & Clear
Property ID
US25-2274775
No photos on file
For Sale
Contact for pricing
418 Freel Dr, Ames, IA 50010-6515
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Property profile
Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 1.6 ac (69,548 SF)
Zoning code GI
APN 09-12-251-105
UPID US25-2274775
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$250k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$250k
Owner & transaction history
RODEN, LAWRENCE N TRUST
RODEN, LAWRENCE N TRUST
Zoning & alternative use
GI · Ames, IA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

(a) Applicability. These standards apply to all zoning districts except General Industrial (GI), Research and Innovation (RI), Intensive Industrial (II), and Planned Industrial (PI). (Ord. No. 4517, 01-23-24) (b) Types of Fences. These standards apply to walls, fences, and screens of all types whether open, solid, wood, metal, wire, masonry, earthen, or othe…

Zone name General Industrial
General category INDUSTRIAL
Zone area 1,110.37 ac
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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