1800 Adventureland Dr Altoona, IA 50009
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
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.