IA
Story
Ames
50014
4530 Mortensen Rd Rd
4530 Mortensen Rd Rd, Ames, IA 50014
Listing Type
Commercial/Industrial
Listing Status
active
34
$2,800,000

Home Details for 4530 Mortensen Rd Rd

Price
$2,800,000
Type
Commercial Sale
Bedrooms
0
Bathrooms
0.0
Square feet
NaN
Lot size acres
1
County
Story
Garage
Days on site
527
MLS Listing#
62629
Listing courtesy: RE/MAX REAL ESTATE CENTER
Property Description

Investors and business owners, here's your chance to secure a prime commercial lot in a high-traffic area of Ames, just minutes from Iowa State University. This ready-to-build property, located near the busy intersection of Dakota Avenue and Mortensen Road, sees over 12,000 vehicles pass by daily, offering excellent visibility and accessibility. Surrounded by a vibrant mix of hotels, restaurants, coffee shops, gyms, grocery and convenience stores, as well as rapidly growing residential developments, this lot is perfectly positioned for success. The proposed building design offers flexibility with four bays of approximately 2,400 sq. ft. each, totaling 9,600 sq. ft. However, there is potential to reduce the building size to around 7,200 sq. ft. to accommodate a drive-through, providing four 1,800 sq. ft. bays instead. Unique to this property is the absence of setbacks, allowing for maximum building footprint, and no access road is required as the neighboring Dollar Tree has already met the necessary requirements. Essential utilities, including electric, water, sewer, and gas, are conveniently located along the lot lines, ready to be tapped. Final building plans, landscaping, parking, and exterior finishes will need city approval to ensure compliance with surrounding structures and zoning regulations. Proposed pricing is based on estimates from the preferred builder, Paradigm Construction, and includes the rough-in stage of construction, with the shell, and rough-ins for plumbing, electrical, and HVAC completed and is subject to change. Final buildout will require a Tenant Improvement (TI) allowance based on the specific usage. This lot presents an outstanding development opportunity in a thriving community—don't miss your chance to invest in the future of Ames!

Property Features
  • Utilities
    • Natural Gas Available
    • Electricity Available
  • Water Features
    • Public
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Median Listing Price
Median Days on Site
Median Square Feet
Market statistics compiled from data from Central Iowa Board of Realtors.
EXIT REALTY FRONTIER
321 Central Ave, Fort Dodge, IA 50501
Office
515 570 1100
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