431 Whitney Ave Ames, IA 50010-6557
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.
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Rathert Radon Services Social Service Agency
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Cyclone Contracting General Contractor
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
GI · Ames, IAAmes. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.