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    1585 34Th Ave Altoona, IA 50009

    For Sale
    $666,294

    1.91 Acres, High-Traffic Area, C-2 Zoning

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 1.91-acre commercial land parcel is strategically located at 1585 34th Ave SW in Altoona, Iowa, 50009. Boasting a highly desirable C-2 zoning designation, this property presents a remarkable opportunity for developers and investors. Situated on a hard corner, it benefits from exceptional visibility and accessibility, experiencing over 12,000 vehicles daily. Its prime location places it just minutes from key attractions such as Adventureland, Prairie Meadows Racetrack and Casino, and the Bass Pro Shops at Outlets of Des Moines, ensuring high foot traffic and brand recognition. The surrounding area is a thriving retail hub, featuring established businesses like Target, Lowe's, Menards, Starbucks, Raising Cane's, and Dunkin', among many others. This property is not only near established businesses but also benefits from proximity to a rapidly growing residential area, providing a strong and diverse customer base. The asking price for this exceptional commercial land is $666,294. This is a rare opportunity to acquire a significant piece of commercial real estate in a rapidly developing area of Altoona, Iowa. Don't miss out on this chance to capitalize on the growth and potential of this prime location.

    Property Features for 1585 34Th Ave

    General Information

    Property type
    Land
    Lot Size
    83,200 SF

    HighLights

    • 1.91‑acre commercial land parcel in Altoona, IA.
    • C‑2 zoning allows for diverse development opportunities.
    • High‑traffic corner lot with over 12,000 vehicles daily.
    • Minutes from Adventureland, Prairie Meadows, and Outlets of Des Moines.
    • Surrounded by strong retail anchors including Target, Lowe's, and Menards.
    • $666,294 asking price.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Altoona
    County
    Polk
    State
    Iowa
    Longitude
    -93.503155165168
    Latitude
    41.636433460215

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    FAQs

    What type of property is this?
    Land - 1.91 Acres, High-Traffic Area, C-2 Zoning
    Where is this land located?
    The property is located at 1585 34Th Ave Altoona, IA.
    What is the asking price?
    The asking price for this property is $666,294.
    What are key features of this property?
    This property features: 1.91-acre commercial land parcel in Altoona, IA.; C-2 zoning allows for diverse development opportunities.; High-traffic corner lot with over 12,000 vehicles daily.
    (515) 513-6994
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    1585 34Th Ave Altoona, IA 50009
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    Altoona, IA 50009
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1585 34Th Ave Altoona, IA 50009
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