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509 8Th St SW Altoona, IA 50009

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For Sale
$499,000

Retail pad site available next to new mixed-use development.

Lot size:
0.70 Acres

Property Features for 509 8Th St SW

General Information

Lot size
0.70 Acres

Source: NAI Iowa Realty Commercial Agent Daniel Dempsey

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Retail Pad Site For Sale

A retail pad site is available for purchase, build-to-suit, or ground lease next to a new construction, Class A mixed-use multifamily development project. The development includes over 200 units and 7500 square feet of retail space. The site has frontage on 8th Street SW, which experiences an average annual daily traffic of over 16,300 vehicles according to the Iowa Department of Transportation. The location in Altoona, Iowa, is near Adventureland Resort, Prairie Meadows Racetrack and Casino, and The Outlets of Des Moines, which attract over 1.5 million visitors annually. Altoona has experienced strong growth, with a 2022 population of 21,503, a 9.8% increase from 2020. Over $700 million worth of commercial construction permits were issued in Altoona in 2021 and 2022.
Insight Report Location Intelligence

Current Use by Public Records

Commercial land

Suggested Use

Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Altoona
County
Polk
State
Iowa
Longitude
-93.470423
Latitude
41.6448253

FAQs

What type of property is this?
Commercial land - Retail pad site available next to new mixed-use development.
Where is this commercial land located?
The property is located at 509 8Th St SW Altoona, IA.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: - Adjacent to new Class A mixed-use multifamily development with over 200 units and 7500 SF of retail space.; - High traffic location with frontage on 8th St SW (16,300 AADT).; - Located in Altoona, IA, a growing city with a 2022 population of 21,503 (9.8% increase from 2020).
More about this property
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