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Property profile & analytics
OFF-MARKET
Drive through restaurants

533 Lincoln Way Ames, IA 50010-6908

2,344 SF 0.53 ac lot Built 1975
Entity Owned Absentee Owner ~ Est. High Equity
Property ID
US25-1212821
Property profile
Verified
Property type Drive through restaurants
Use group DRIVE-THRU RESTAURANT, FAST FOOD
Year built 1975
Total area 2,344 SF
Lot 0.53 ac (23,188 SF)
Zoning code HOC
APN 09-02-355-130
UPID US25-1212821
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
  • Abelardo's Mexican Food Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
M & P PROPERTIES LLC
M & P PROPERTIES LLC
Zoning & alternative use
HOC · Ames, IA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

zoned Highway Oriented Commercial “HOC” between Duff Avenue and South Dakota Avenue by allowing for a mixed commercial/residential use option. This Overlay preserves the primary use of the corridor for commercial uses while allowing for another housing option for the City of Ames residents and promotes high quality architectural design and compatibility with…

Zone name Highway Oriented Commercial
General category COMMERCIAL
Zone area 1,124.27 ac
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