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    2182 21St St Altoona, IA 50009

    For Sale
    $1,093,000

    2-Acre Commercial/Industrial Lot, $1,093,000

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 2-acre commercial and industrial land parcel presents a unique investment opportunity in Altoona, Iowa. Located at 2182 21st St NW, this property is zoned M-1 Light Industrial, offering considerable flexibility for a variety of uses. The asking price is $1,093,000, translating to a land value of $12.50 per square foot. Situated in Polk County, Iowa, with a 50009 zip code, this property boasts convenient access to key transportation routes and infrastructure. The expansive lot size provides ample space for development, making it ideal for businesses seeking to establish a significant presence in this thriving area. The M-1 zoning allows for a wide range of light industrial applications, from warehousing and distribution to manufacturing and light assembly. Prospective buyers will appreciate the strategic location and the potential for significant return on investment. Detailed site plans and zoning information are readily available upon request. This is a rare opportunity to acquire a substantial piece of commercial/industrial land in a rapidly growing market. Don't miss out on this chance to secure your future in Altoona.

    Property Features for 2182 21St St

    General Information

    Property type
    Land
    Lot Size
    87,120 SF

    HighLights

    • Price: $15.00 per square foot
    • Land Size: 2 acres
    • Zoning: M‑1 Light Industrial
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Altoona
    County
    Polk
    State
    Iowa
    Longitude
    -93.48494473
    Latitude
    41.66972165

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    FAQs

    What type of property is this?
    Land - 2-Acre Commercial/Industrial Lot, $1,093,000
    Where is this land located?
    The property is located at 2182 21St St Altoona, IA.
    What is the asking price?
    The asking price for this property is $1,093,000.
    What are key features of this property?
    This property features: Price: $15.00 per square foot; Land Size: 2 acres; Zoning: M-1 Light Industrial
    Request Owner's contact information
    2182 21St St 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
    2182 21St St Altoona, IA 50009
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