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    Property profile & analytics

    2500 1St Ave Altoona, IA 50009

    • Land
    For Sale
    View listing
    $3,046,151
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 2500 1St Ave

    Property type
    Land

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Altoona
    County
    Polk
    State
    Iowa
    Longitude
    -93.4646
    Latitude
    41.6371

    Comparable in this City

    • Value Estimation by Request
      1.00 Acre

      Bass Pro Dr

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      6.14 Acres

      2890 1St Ave

      Land • 6.14 Acres
      2890 1St Ave, Altoona, IA 50009
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      7.00 Acres

      Hubbell Ave

      Land • 7.00 Acres
      0 Hubbell Ave, Des Moines, IA 50009
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      2.36 Acres

      242 Adventureland Dr

      Land • 2.36 Acres
      242 Adventureland Dr, Altoona, IA 50009
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    • Value Estimation by Request
      1.91 Acres

      1585 34Th Ave

      Land • 1.91 Acres
      1585 34Th Ave, Altoona, IA 50009
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    • Value Estimation by Request
      1.51 Acres

      8th 14Th Ave

      Land • 1.51 Acres
      8th 14Th Ave, Altoona, IA 50009
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      6.14 Acres

      Altoona Commercial Land Opportunity

      6.14 Acres, Prime Commercial Site
      2890 1St Ave, Altoona, IA 50009
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      2.36 Acres

      Altoona Industrial Land for Sale

      Prime IA industrial land, I-80 access.
      242 Adventureland Dr, Altoona, IA 50009
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    • Contact for pricing
      7.77 Acres

      Altoona Commercial Land Development

      7.77 Acres, C-2 Zoning, Prime Location
      1st Ave & 24 St, Altoona, IA 50009
      View Details
    • $297,950
      1.14 Acres

      Altoona Commercial Pad Site

      Prime 1.14-acre C-2 lot, ideal for development.
      220 Skinner Pkwy, Altoona, IA 50009
      View Details
    • $3,046,151

      Altoona Commercial Land - C-2 Zoning

      Prime Altoona location, owner will subdivide. All utilities available.
      2500 1St Ave, Altoona, IA 50009
      View Details
    • $427,541
      1.51 Acres

      Altoona Commercial Land Investment

      1.51 Acres, Prime Development Site
      8th 14Th Ave, Altoona, IA 50009
      View Details

    Similar Nearby for Lease

    • $822,195

      Altoona Commercial Land For Lease

      Prime location near I-80, suitable for various commercial uses.
      1250 1St Ave N, Altoona, IA 50009
      View Details
    • $14 SF/Yr
      11,755 SF

      Altoona Retail/Office Opportunity

      Des Moines Submarket, 3,844 SF Available
      600 8Th St, Altoona, IA 50009
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    • Contact for pricing
      497,587 SF

      Altus Building C: Altoona Warehouse

      Massive Iowa warehouse space available.
      2301 25Th St, Altoona, IA 50009
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      1,805 SF

      Mixed-Use Building For Rent

      Mixed-use building available for rent.
      415 Center Pl, Altoona, IA 50009
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    • $14 SF/Yr
      3,769 SF

      Retail/Office Space Available for Lease

      3,769 SF retail/office space with high visibility.
      600-616 8Th St SW, Altoona, IA 50009
      View Details
    • $16 SF/Yr
      1,462 SF

      Retail Space Available For Sublease

      Retail space available for sublease through 10.31.27 with high visibility.
      408-412 8Th St SW, Altoona, IA 50009
      View Details
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    2500 1St Ave
    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
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