Listing Agency: Signature Commercial Real Estate

Listed By: Andy Hodges · License #570278000

Source: Crexi

Added: Oct 31, 2023 Changed: Aug 22 Last Checked: Sep 2 at 6:35AM

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Investment Insights

Based on property information with market context.

The property, located at 5697 34th Ave. NW, is situated just east of Facebook's Data Center and north of I-80, offering excellent interstate visibility. The site is in close proximity to Adventureland Park, Prairie Meadows, Bass Pro Shop, Outlets of Des Moines, and the new Amazon Fulfillment Center.

Key Highlights

• Excellent interstate visibility
• Located near Facebook's Data Center
• Proximity to Adventureland Park

Property Analytics

Property Profile

Current Use

Industrial land

Suggested Use

Top Pick Real Estate Agency Building Supply Big Box & Wholesale Store Dental Office Auto Parts Store Nail Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

61

Businesses Nearby

Explore this area Business Placement

Demographics for 50009, IA

21,230

Population

8,829

Households

2.4

Avg Household Size

37

Median Age

33%

College-Educated

96%

High-School Grad

27.9 sq mi

ZIP Area

761

Density / Sq Mi

$90,393

Median Household Income

$52,227

Median Earnings

$1,201

Median Rent

$261,800

Median Home Value

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019

4.9% 2020

3.6% 2021

3.1% 2022

4.6% 2023

5% 2024

4.9% 2025

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Industrial land - Located near Facebook data center with excellent interstate visibility.

Where is this industrial land located?

The property is located at 5697 34th Ave NW Altoona, IA.

What are key features of this property?

This property features: Excellent interstate visibility; Located near Facebook's Data Center; Proximity to Adventureland Park