Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    1120 9Th St Altoona, IA 50009

    For Sale
    $6,200,000

    Prime Iowa development land, I-80 access.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional development opportunity presents a range of lot sizes, from 2.88 to 56.63 acres, within the thriving Altoona Industrial Park South. Located at 1120 9th St NE, Altoona, IA 50009, this property boasts convenient access to major transportation arteries, including Interstate 80, Interstate 35, US 65, US 6, and IA 163. The recent completion (Spring 2023) of Phase I of the 9th Street reconstruction and widening project further enhances accessibility. The land is priced competitively, ranging from $2.25 to $10.00 per square foot, reflecting its prime location and development potential. The property is zoned C-2, M-1, and M-2, allowing for a variety of commercial and industrial uses. All utilities are readily available on-site, simplifying the development process. This is an ideal location for businesses seeking a strategic presence in a growing, business-friendly community within Polk County, Iowa. The property's proximity to major interstates ensures seamless logistics and efficient transportation networks. This presents a rare chance to acquire land in a highly sought-after area, poised for significant growth and return on investment.

    Property Features for 1120 9Th St

    General Information

    Property type
    Land
    Lot Size
    125,453 SF

    HighLights

    • Lot sizes range from 2.88 to 56.63 acres.
    • Prices range from $2.25 to $10.00 per square foot.
    • Property is within a half‑mile of I‑35/80.
    • Phase I of 9th Street reconstruction and widening is complete.
    • Excellent access to I‑80, I‑35, US 65, US 6, and IA 163.
    • Located in a thriving, business‑friendly community.
    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
    -93.4623454
    Latitude
    41.6585801

    Nearby Similar for Sale

    • $370,000

      Altoona Ranch Townhome with Daylight

      Ranch townhome featuring 3 bedrooms, 3 bathrooms, and finished lower level.
      2622 3Rd Ave SE, Altoona, IA 50009
      View Details
    • Contact for pricing
      328,147 SF

      Altoona Warehouse and Distribution Facility

      328,147 SF warehouse/distribution facility on approximately 16.6 acres.
      2075 25Th St NW, Altoona, IA 50009
      View Details
    • $370,000

      New Ranch Townhome with Daylight

      New 3 bed, 3 bath townhome with daylight lot.
      2631 3Rd Ave SE, Altoona, IA 50009
      View Details
    • $1,690,000
      4,760 SF

      Altoona Restaurant with Redevelopment Potential

      Restaurant with redevelopment potential, excellent visibility and access.
      3131 8Th St SW, 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 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 50009
      View Details

    FAQs

    What type of property is this?
    Land - Prime Iowa development land, I-80 access.
    Where is this land located?
    The property is located at 1120 9Th St Altoona, IA.
    What is the asking price?
    The asking price for this property is $6,200,000.
    What are key features of this property?
    This property features: Lot sizes range from 2.88 to 56.63 acres.; Prices range from $2.25 to $10.00 per square foot.; Property is within a half-mile of I-35/80.
    Request Owner's contact information
    1120 9Th St Altoona, IA 50009
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1120 9Th St
    Altoona, IA 50009
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    1120 9Th St Altoona, IA 50009
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.