509 8th St SW, Altoona, IA

Listing agent Daniel Dempsey Show Phone

Listing office NAI Iowa Realty Commercial Show Phone

Listing date Aug 6, 2024

Source Moodyscre

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

All listing content including descriptions, pricing, images are the copyrighted material of NAI Iowa Realty Commercial

Report an issue

---

Overview

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.

Suggested Use

Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

Location Insight

• Map
• Local Demand

City

Altoona

County

Polk

State

Iowa

Longitude

-93.4704

Latitude

41.6448

Nearby Similar for Sale

• 

  $641,000

  1,116 SF

  Farmland with Farmhouse and Outbuildings

  32.05 acres of farmland with residential and recreational potential.

  9125 NE 27th Avenue, Altoona, IA 50009

  View Details
• 

  $350,000

  1,690 SF

  Altoona Four Unit Multifamily House

  Four-unit house near downtown Altoona with long-term tenants.

  202 3rd Street SE, Altoona, IA 50009

  View Details
• 

  $125,000

  Rezoned Residential Development Lot

  Nearly an acre lot rezoned N2B-2, supporting single-family development or subdivision for bi-attached homes or duplexes.

  3605 NE 56th Street, Altoona, IA 50009

  View Details
• 

  $3,519,920

  Multi-Parcel Residential Development Land

  Contiguous tracts totaling 38.26 acres with water on site and sewer nearby for residential development planning.

  NE 27th Avenue, Altoona, IA 50009

  View Details
• 

  $2,395,000

  11,077 SF

  Retail Investment Property in Altoona

  Two-tenant retail investment property anchored by Dollar Tree.

  709 34th Ave SW, Altoona, IA 50009

  View Details
• 

  $1,400,000

  6,320 SF

  Altoona Retail Space For Sale

  Retail building with high visibility and easy access.

  307-321 8th St SW, Altoona, IA

  View Details
• 

  $79,000

  Altoona Land in Ironwood South

  Residential lot available in the Ironwood South development.

  2610 8th Avenue SW, Altoona, IA 50009

  View Details
• 

  $3,200,000

  Altoona, Iowa Land For Sale

  17.83 acres of agricultural land in Altoona, Iowa.

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

  View Details
• 

  $5,335,275

  Altoona Land Development Opportunity

  71.14 acres of flat land with utilities in Altoona.

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

  View Details
• 

  $850,000

  6,792 SF

  Daycare Center on Corner Lot

  6,792 SF daycare center on 0.55 acre corner lot.

  630 8th St SE, Altoona, IA

  View Details
• 

  $5,662,000

  Altoona Land For Sale

  Large land parcel in Altoona, Iowa, for future development.

  88th Street, Altoona, IA 50009

  View Details
• 

  Contact for pricing

  3,951 SF

  Retail Space on 8th Street

  3,951 SF retail space available for lease.

  1005 SW 8th St , Altoona, IA

  View Details

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 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).