2400 16Th StAmes, IA 50010

  • Commercial land
  • 1.62 AC
For Sale
$1,137,000 View listing

Property Details for 2400 16Th St

Lot size
1.62 AC
Zone code
HOC
Property type
Commercial land
APN
10-18-100-010
APU
1018100010

Description

This exceptional 3.07-acre commercial land parcel presents a prime development opportunity in Ames, Iowa. Strategically located just off Interstate 35 and US Highway 30, this property boasts 170 feet of frontage on Highway 30, ensuring exceptional visibility and accessibility. The HOC zoning allows for a wide range of commercial uses, making it ideal for various development projects. The site is surrounded by a thriving commercial environment, including numerous hotels (over 1,000 rooms in the immediate area), restaurants, and convenience stores, guaranteeing high traffic volume and a strong customer base. This area is experiencing significant growth and a demand for additional amenities, particularly restaurants, making this a particularly attractive investment. The property is build-ready, with all utilities already connected to the lot. The asking price for this exceptional development opportunity is $1,137,000. Located at 2400 SE 16th St, Ames, IA 50010, in Story County, this property offers unparalleled potential for significant return on investment. Don't miss this chance to capitalize on the growth and potential of this prime commercial location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $11,685,484
    Hospitality
    $10,703,841
    Educational
    $8,905,470
    Medical
    $9,211,743
    Retail
    $13,852,953

Location Insight

City
Ames
County
Story
State
Iowa
Latitude
42.0079
Longitude
-93.5805
CBSA code
11180
CBSA name
AMES, IA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$5,158
$217,800
-
$217,800
-
$217,800
-
$217,800

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