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Property profile & analytics
OFF-MARKET
Warehouses

431 Whitney Ave Ames, IA 50010-6557

2,100 SF 0.51 ac lot Built 1988
Entity Owned Absentee Owner Free & Clear
Property ID
US25-0686973
Property summary
AI-generated overview

This exceptional 5,856 square foot commercial property, situated on a 0.51-acre lot at 431 Whitney Avenue in Ames, Iowa, presents a unique investment opportunity. Its convenient location offers easy interstate access, making it highly desirable for businesses needing efficient transportation links. The property boasts flexible general industrial zoning, catering to a wide range of commercial uses, from single-owner occupancy to multi-tenant investments. The existing buildings are all climate-controlled, with the south building featuring heating. The property includes functional office space, perfect for administrative needs or client interaction. This space comprises a showroom, three private offices, and two bathrooms, providing ample room for various business operations. For businesses requiring additional storage, an adjacent 3,000 square foot storage space is available for separate purchase. Furthermore, alternative ownership options, including lease or lease-to-own arrangements, are available to suit diverse business requirements. This property is priced at $750,000 and represents a compelling opportunity for growth and expansion in a thriving location.

Property profile
Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1988
Construction FRAME
Total area 2,100 SF
Lot 0.51 ac (22,305 SF)
Zoning code GI
APN 09-01-475-050
UPID US25-0686973
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
Current use
Occupant on record · Public records
  • Rathert Radon Services Social Service Agency
  • Cyclone Contracting General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
H & B Properties LLC
H & B Properties LLC
since 2025
Last sale
$550,000
5 recorded transactions
2025
$550,000
2025
$1.3M
2022
Price N/A
2016
Price N/A
2008
$140,000
Zoning & alternative use
GI · Ames, IA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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