316 MainAmes, IA 50010

  • Turn key restaurants
  • 8,624 SF
Off market
$2,042,400 Estimated

Property Details for 316 Main

Year built
1942
Lot size
0.22 AC
Property size (Sq ft)
8,624 SF
Zone code
DSC
Property type
Turn key restaurants
APN
09-02-356-070
APU
902356070

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,831,353
    6.5%
    $1,690,479
    7%
    $1,569,731
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,109,226
    Geo Method
    $1,109,226
  • Alternative Use

    Use
    Valuation
    Residential
    $1,425,983
    Hospitality
    $1,306,192
    Educational
    $1,086,737
    Medical
    $1,124,111
    Retail
    $1,690,479

Location Insight

City
Ames
County
Story
State
Iowa
Latitude
42.0248
Longitude
-93.6147
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
$54,324
$226,000
$1,816,400
$2,042,400
-
$226,000
$1,816,400
$2,042,400

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