Altoona, IA Commercial Real Estate for Sale

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Bondurant, IA Des Moines, IA Clive, IA Pleasant Hill, IA Runnells, IA Mitchellville, IA Ankeny, IA West Des Moines, IA

25 properties

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Updated: Jun 12

Multi-Parcel Residential Development Land

NE 27th Avenue, Altoona, IA 50009

$3,519,920

38.26 AC lot

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Updated: Apr 11

Agricultural Land Zoned AG

305 9th St NE aka 54th Avenue, Altoona, IA 50009

$3,200,000

17.83 AC lot

Utilities available: public water and public sewer

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Agricultural Land For Sale

6497 NE Berwick Drive, Altoona, IA 50021

$18,661,200

155.00 AC lot

155-acre AG-zoned tract available for purchase in Altoona, IA.

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See what stands out in Polk County

We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

We check every listing here. A few are worth a second look.

Cap Rate available after sign in

NOI available after sign in

Local Demand available after sign in

Retail Investment Property in Altoona

709 34th Avenue Southwest, Altoona, IA 50009

$2,395,000

11,077 sqft

Two-tenant retail investment property anchored by Dollar Tree.

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Land, Altoona, IA

9098 NE 12th Avenue, Altoona, IA 50009

$125,000

0.79 AC lot

Residential land & home lots · 0.79 Acres

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Agricultural Land Near Golf Course

88th Street, Altoona, IA 50009

$5,662,000

149.00 AC lot

AT-zoned agricultural tract positioned across from Terrace Hill Golf Course.

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Flat Agricultural Land

8 SE (aka46 ave) & 88 Street NE, Altoona, IA 50009

$5,335,275

71.14 AC lot

Flat agricultural acreage with AG zoning and public water and sewer service identified at the west end.

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Altus Commerce Center Distribution Center

2600 20th St SW, Altoona, IA 50009

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496,800 sqft

Building C provides substantial industrial space for distribution and warehouse users.

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Large Distribution Center

555 9th St NE, Altoona, IA 50009

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300,000 sqft

Substantial warehouse facility suited to regional distribution and logistics operations.

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Commercial Land Parcel

9070 Ne 12th Ave, Altoona, IA 50009

$525,000

Future use is subject to current zoning requirements and applicable county review.

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Multi-Tenant Retail Building with Signage

307-321 8th St SW, Altoona, IA 50009

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6,320 sqft

Multi-tenant retail building offering three leaseable spaces with strong visibility and signage opportunities.

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Prime Commercial Development Site

1845 Adventureland Dr, Altoona, IA 50009

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6.73 AC lot

6.73-acre site near major attractions, excellent connectivity.

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Large Industrial Warehouse with ESFR

2075 25th St NW, Altoona, IA 50009

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328,147 sqft 16.60 AC lot

Large industrial warehouse featuring 34 dock doors, 32' clear height, ESFR fire suppression, and LED interior lighting.

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Industrial Distribution Warehouse

2301 25th St NW, Altoona, IA 50009

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497,587 sqft 31.00 AC lot

Large industrial warehouse with 36’ clear height, ESFR fire suppression, and 50 dock doors, available now.

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Multi-Building Auto Shop Complex

503 1st Avenue North, Altoona, IA 50009

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The improvements include dedicated areas for repair, truck service, painting, blasting, washing, and administration.

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Land/Lot

9098 Ne 12th Ave, Altoona, IA 50009

$125,000

Residential land & home lots

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Altoona Restaurant with Redevelopment Potential

3131 8th St SW, Altoona, IA

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4,760 sqft 0.87 AC lot

Restaurant with redevelopment potential, excellent visibility and access.

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Commercial Land with Strong Visibility

1250 1st Ave N, Altoona, IA 50009

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1.51 AC lot

Land parcel on 1st Ave offering strong visibility and straightforward access for commercial development.

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Altoona Outlot in Prairie Crossing

Hubbell Ave, Altoona, IA 50009

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7.00 AC lot

1-7 acre outlot in Altoona's Prairie Crossing development.

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Industrial Land Near Interstate I-80

5697 34th Ave NW, Altoona, IA 50009

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Located near Facebook data center with excellent interstate visibility.

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Land Adjacent to Facebook Data

NE 46th St & NE 62nd Ave, Altoona, IA

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107.00 AC lot

Up to 107 acres near major distribution centers.

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Altoona Commercial Lot For Sale

220 Edwin W. Skinner Pkwy, Altoona, IA 50009

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1.14 AC lot

1.14 acre C-2 General Commercial parcel in Altoona, Iowa.

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Altoona Commercial Land For Sale

2500 1st Ave S, Altoona, IA 50009

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Commercial land in Altoona with utilities available and lighted intersection.

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Altoona Land For Sale

1120 9th St NE, Altoona, IA 50009

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Commercial land available with utilities in Altoona, Iowa.

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Altoona, IA Commercial Real Estate Market Trends and Statistics

Explore 72 commercial real estate for sale in Altoona, IA, showcased through 25 active listings on our real estate platform. These investment opportunities span a total of 1,644,691 square feet of properties for sale, with an estimated market value of $39,548,395.

Sale prices for business properties in Altoona, IA start at $125,000, averaging $4,394,266, and reaching up to $18,661,200 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 22K

Population Growth (5Y) +12.4%

Median Household Income $90,393

College Educated 41.8%

High-Yield Neighborhoods for Investment

Identify Altoona submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
Altoona - 50009	$3.7M
Ankeny - 50021	$18.7M

Taxes & Financing

Tax Rate (average for all types) 1.08%

Property Tax per SF $36.39 per SF

Tax Rate vs County Average 1.34 pp below county avg

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Polk County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Polk County

Residential Income

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