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    600 8Th St Altoona, IA 50009

    For Lease
    $14 SF/Yr ($13,714 /Mo)

    Des Moines Submarket, 3,844 SF Available

    Lot size:
    11,755 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional commercial property, located at 600 8th St SW in Altoona, Iowa (zip code 50009), offers a versatile 3,844 square foot space within a larger 11,755 square foot building. The property is zoned C-2 and features a prime location with direct frontage and high visibility on 8th Street SW, boasting a visible traffic count of 16,300 vehicles per day. Monument signage is available, enhancing marketing opportunities. Currently configured as a hair and beauty salon, the space includes an exclusive exterior deck on the west side of the building. The property offers ample parking with 30 spaces available for tenants and customers. This multi-tenant building provides a strong sense of community with established co-tenants including Re/Max Precision, H&R Block, and American Family Insurance. The asking base rent is $14.00 per square foot, with current CAM (Common Area Maintenance) charges of $5.90 per square foot. The property's APN is 171-00511380003, situated in Polk County within the Des Moines submarket. This is an excellent opportunity for businesses seeking a well-located, established space with high visibility and convenient amenities. The total building size is 11,755 square feet, with 3,844 square feet currently vacant and ready for immediate occupancy. This property is ideal for a variety of retail or office uses.

    Property Features for 600 8Th St

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    11,755 SF
    Total Rate
    13714.17

    Unit(s) available at that property

    Space
    Suite 616
    Size
    3,844 SF
    Rate per SF
    $14

    HighLights

    • 3,844 SF vacant suite in a 11,755 SF multi‑tenant building at 600 8th St SW, Altoona, IA 50009.
    • High‑visibility location on 8th St SW with 16,300 VPD and monument signage available.
    • C‑2 zoning, ideal for retail or office use.
    • 30 parking spaces and exclusive west‑facing deck.
    • $14.00/SF base rent + $5.90/SF CAM.
    • Strong co‑tenancy with Re/Max Precision, H&R Block, and American Family Insurance.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Altoona
    County
    Polk
    State
    Iowa
    Longitude
    -93.4718206
    Latitude
    41.6433451

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    FAQs

    What type of property is this?
    Individual retail property - Des Moines Submarket, 3,844 SF Available
    Where is this individual retail property located?
    The property is located at 600 8Th St Altoona, IA.
    What is the lease rate?
    The lease rate is $14 SF/Yr.
    What are key features of this property?
    This property features: 3,844 SF vacant suite in a 11,755 SF multi-tenant building at 600 8th St SW, Altoona, IA 50009.; High-visibility location on 8th St SW with 16,300 VPD and monument signage available.; C-2 zoning, ideal for retail or office use.
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    600 8Th 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
    600 8Th St Altoona, IA 50009
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