2400 N Loop Dr, Ames, IA 50010 Property Records

Story County property record for 2400 N Loop Dr, Ames, IA 50010 · Last verified June 2026

Property Summary

Property TypeRestaurant
Details9,330 sqft · built 2016
Lot Size3.92 acres (170,939 sqft)
OwnerCompany Name on File
Last Sale$378,000 (Feb 2016)
Tax Bill$73,064 (2025)
Deeds & MortgagesFeb 2023 Mortgage
Jan 2022 Mortgage
Flood ZoneZone X (minimal risk)
APN09-15-305-200

Property Details

APN / Parcel Number

Primary APN09-15-305-200

Interior

Stories1 Story
Building Area9,330 sqft Gross Area
1st Floor Area9,330 sqft
Fire SprinklersFire Sprinklers

Exterior

Year BuiltBuilt 2016
Effective Year BuiltEffective 2016
Exterior MaterialBrick Veneer
Lot Area170,939 sqft (3.92 acres)
Patio Area1 sqft

Location & Zoning

Street Address2400 N LOOP DR
CityAMES
StateIA
Zip50010-8229
Property CategoryCommercial
Property TypeCommercial > Retail > Restaurant
Legal DescriptionISU RESEARCH PARK 1ST ADD LOT 2 PARCEL F SLIDE 174 PG 1
Legal Range24W
Legal Township83N
Legal Section15
Legal SubdivisionIOWA STATE UNIVERSITY RESEARCH PARK 1ST
Legal Lot Number2
JurisdictionSTORY IA
Township / Civil DivisionWASHINGTON
Census Block Group1
Census Block1007
Census Tract1302

Owner

Source: Story County records · APN 09-15-305-200

Assessment roll updated September 30, 2025 · Last verified June 2026

Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.

Owner of RecordCompany Name on File
Mailing Address2616 NORTHRIDGE PKWY, AMES, IA 50010-4059
Owner TypeCompany
VestingCompany

Deeds, Mortgages & Sale History

DateDocument
Feb 15, 2023Deed of Trust, Mortgage · Commercial Mortgage
BANKERS TRUST CO
Jan 05, 2022Deed of Trust, Mortgage · Commercial Mortgage
BANKERS TRUST CO

Assessor's Deed Record

Deed NamesVerified Name on Deed
Last SaleFeb 24, 2016 · Amount on Record
Deed SaleFeb 24, 2016 · Amount on Record
Prior SaleJan 15, 2016 · Amount on Record
Deed Document Number20161448
Record UpdatedSep 20, 2026

February 2023: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionSTORY IA
Property Address2400 N LOOP DR, AMES, IA 50010-8229
Transaction TypeMortgage
Record UpdatedApr 05, 2023

Transferred To (Grantee/Buyer)

NameVerified Name

Mortgage

Document Number0202300892
DateFeb 15, 2023
Instrument2023-00892
Lender
NameBANKERS TRUST CO
TypeBank
Agreement
TypeCommercial Mortgage
AmountAmount Recorded
Term228 Months
DueJan 24, 2042

January 2022: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionSTORY IA
Property Address2400 N LOOP DR, AMES, IA 50010-8229
Transaction TypeMortgage
Record UpdatedNov 21, 2022

Transferred To (Grantee/Buyer)

NameVerified Name

Mortgage

Document Number0202200161
DateJan 05, 2022
Instrument2022-00161
Lender
NameBANKERS TRUST CO
TypeBank
Agreement
TypeCommercial Mortgage
AmountAmount Recorded
Term240 Months
DueDec 30, 2041
Interest
Rate TypeFixed Rate

Tax Assessment & Valuation

Source: Story County records · Assessment roll updated September 30, 2025 · Last verified June 2026

Property Jurisdictions

TypeName
StateIowa
MunicipalityAmes City
CountyStory County
Unified School DistrictAmes Community School District (PK - 12)

Tax Bill & Assessment History

Assessed value and assessed market value are set for property tax purposes and are not market price estimates.

YearTax BillAssessed ValueAssessed Market Value
2025$73,064.00$3,316,300 (+21.68%) Land $512,800 Building $2,803,500$3,316,300 (+21.68%) Land $512,800 Building $2,803,500
2024$73,064.00 (-0.63%)
2023$2,725,500 Land $449,800 Building $2,275,700$2,725,500 Land $449,800 Building $2,275,700
2022$73,526.00

Flood & Wildfire

Source: FEMA National Flood Hazard Layer, Story County (19169C), updated May 25, 2026 · FEMA OpenFEMA NFIP redacted claims and policies, census block group 191690013021, refreshed September 2026 · USDA Forest Service Wildfire Risk to Communities, 2nd edition (2024), fuels as of 2020 · Last verified October 2026

Flood

FEMA Flood ZoneZone X
Special Flood Hazard AreaNo
Flood HazardMinimal
500-Year FloodplainNo
Nearby Flood Claims1 (2010)
Most Recent ClaimAug 2010, rainfall accumulation, Severe Storms, Flooding, And Tornadoes

Wildfire

Wildfire RiskNot rated
no burnable land in reach
Wildfire LikelihoodNegligible
ExposureNone
beyond ember reach

Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.

Internet Providers

Source: FCC Broadband Data Collection, availability as of December 31, 2025 · Published October 2026 · based on 3 locations within about half a mile of this property, a small sample

ProviderTechnologyDownload / Upload (Mbps)
Mediacom CommunicationsCable1,000 / 50
VerizonFixed Wireless300 / 20

Availability varies by address; speeds are provider-advertised maximums, not measured.

Mobile Coverage

5G and 4G LTE

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