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Property profile & analytics
OFF-MARKET
Land

1800 Adventureland Dr Altoona, IA 50009

6.73 ac lot
Property ID
Property summary
AI-generated overview

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

Property profile
Verified
Property type Land
Lot 6.73 ac (293,159 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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