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    Property profile & analytics

    1800 Adventureland Dr Altoona, IA 50009

    • Land
    • 6.73 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 1800 Adventureland Dr

    Lot size
    6.73 lot acres
    Property type
    Land

    Description

    This exceptional 6.73-acre parcel presents a remarkable opportunity for commercial development in Altoona, Iowa. Located at 1800 Adventureland Drive, this C-2 General Commercial zoned land boasts high visibility and significant traffic volume, averaging 7,000 vehicles per day (based on IA DOT 2016 data). Its strategic position offers unparalleled access to key regional attractions and infrastructure. The property is situated directly across from Prairie Meadows Racetrack and Casino and just minutes from Adventureland Park and Interstate 80, ensuring convenient access for businesses and customers alike. The land is subdivided into several lots, offering flexibility for various development scenarios. Lot sizes range from 0.91 acres to 1.82 acres, with varying price points per square foot reflecting individual lot characteristics and location. Specific lot pricing includes: Lot 3 (1.82 acres) at $8.00 per square foot

    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
    -93.4852
    Latitude
    41.6584

    Comparable in this City

    • Value Estimation by Request
      1.00 Acre

      46Th St

      Land • 1.00 Acre
      0 46Th St, Altoona, IA 50009
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    • Value Estimation by Request
      2.88 Acres

      1120 9Th St

      Land • 2.88 Acres
      1120 9Th St, Altoona, IA 50009
      View Details
    • Value Estimation by Request
      2.50 Acres

      South of Fairfield Inn B Bass Pro Dr

      Land • 2.50 Acres
      South of Fairfield Inn B Bass Pro Dr, Altoona, IA 50009
      View Details
    • Value Estimation by Request
      0.50 Acres

      Of

      Land • 0.50 Acres
      0 Of, Altoona, IA 50009
      View Details
    • Value Estimation by Request
      1.00 Acre

      South of Fairfield Inn Bass Pro Dr

      Land • 1.00 Acre
      South of Fairfield Inn Bass Pro Dr, Altoona, IA 50009
      View Details
    • Value Estimation by Request
      2.00 Acres

      2182 21St St

      Land • 2.00 Acres
      2182 21St St, Altoona, IA 50009
      View Details

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    Similar Nearby for Lease

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      Mixed-use building available for rent.
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      3,769 SF retail/office space with high visibility.
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    1800 Adventureland Dr
    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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