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    46Th St Altoona, IA 50009

    For Sale
    $9,321,840

    Prime Iowa land, near major distribution centers.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional commercial land opportunity spans 1 to 107 acres in Altoona, Iowa, offering significant development potential. Located in Polk County, with an address on NE 46th St, zip code 50009, this property boasts unparalleled access and visibility. The site is less than three miles from Amazon's distribution centers and adjacent to Facebook's data center, ensuring high traffic counts and strategic proximity to major logistics hubs. The property enjoys easy access to Interstate 80/35, providing excellent connectivity and interstate visibility. With an average daily traffic count exceeding 60,000 vehicles, this location guarantees high exposure for any development. Currently zoned AT (Agriculture Transition District), this versatile parcel presents a unique chance to capitalize on the thriving Altoona market. The asking price is $9,321,840. The latitude and longitude coordinates are 41.6611039 and -93.5224 respectively. This is a rare opportunity to acquire a substantial land parcel in a high-growth area with exceptional infrastructure and accessibility.

    Property Features for 0 46Th St

    General Information

    Property type
    Land
    Lot Size
    43,560 SF

    HighLights

    • 1‑107 acre commercial land parcel in Altoona, IA (50009), located on NE 46th St.
    • Exceptional access & visibility; <3 miles from Amazon & adjacent to Facebook data centers.
    • High traffic counts (60,000+ vehicles daily) & I‑80/35 access.
    • Currently zoned AT (Agriculture Transition District); $9,321,840 asking price.
    • Coordinates: 41.6611039, -93.5224.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Altoona
    County
    Polk
    State
    Iowa
    Longitude
    -93.5224
    Latitude
    41.6611039

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    FAQs

    What type of property is this?
    Land - Prime Iowa land, near major distribution centers.
    Where is this land located?
    The property is located at 46Th St Altoona, IA.
    What is the asking price?
    The asking price for this property is $9,321,840.
    What are key features of this property?
    This property features: 1-107 acre commercial land parcel in Altoona, IA (50009), located on NE 46th St.; Exceptional access & visibility; <3 miles from Amazon & adjacent to Facebook data centers.; High traffic counts (60,000+ vehicles daily) & I-80/35 access.
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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
    46Th St Altoona, IA 50009
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