Property profile

600 5th St Ames, IA 50010

OFF-MARKET
Office buildings
Property ID
US25-0699886
14,223 SF 0.37 ac lot Built 1993
Entity Owned 4-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1993
Construction CONCRETE
Total area 14,223 SF
Lot 0.37 ac (16,177 SF)
Zoning code DSC
APN 09-02-353-045
UPID US25-0699886

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Foster Care Service Social Service Agency
  • Marriage Or Relationship Counselor
  • Crisis Center Medical Clinic
  • Courier Service Postal Service
  • Physician

Location

600 5th St Ames, IA 50010-6085
Ames metro Census 900 AMES, IA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.18M
CAP Approach CAP
by Request
Comparable Approach Comparable
$798k
Blend (final) Blend
$1.03M

Owner & transaction history

since 2022
Last sale
$1.3M
1 recorded transaction
2022
$1.3M

Zoning & alternative use

DSC · Ames, IA
Zoning description

Sec. 29.808. "DSC" DOWNTOWN SERVICE CENTER. (1) Purpose. The Downtown Service Center (DSC) zone is intended to provide for high- density development within the City's Urban Core. A broad range of uses is allowed to refle…

General category CIVIC_INSTITUTIONAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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