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Property profile & analytics
OFF-MARKET Estimated value $1,150,000
Turn key restaurants

524 Lincoln Way Ames, IA 50010-6909

4,837 SF 0.53 ac lot Built 1978
Entity Owned 3-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US25-0589046
Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1978
Total area 4,837 SF
Lot 0.53 ac (23,171 SF)
Zoning code DGC
APN 09-11-100-030
UPID US25-0589046
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
  • El Jefe Authentic Mexican Cuisine Restaurant
  • HRT EliteCare Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$1.10M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.15M
Owner & transaction history
Natalya LLC · 3 yrs held
Natalya LLC
since 2022
Last sale
$1.2M
1 recorded transaction
2022
$1.2M
Zoning & alternative use
DGC · Ames, IA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

Sec. 29.1004. "DGC" DOWNTOWN GATEWAY COMMERCIAL The Downtown Gateway Commercial Zoning District (DGC) is established to implement the vision and objectives of the Lincoln Way Corridor Plan and more specifically for the Downtown Gateway Focus Area. The City of Ames finds that implementation of the DGC will facilitate redevelopment of the area consistent with…

Zone name Downtown Gateway Commercial Area
General category COMMERCIAL
Zone area 31.16 ac
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