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Property profile & analytics
OFF-MARKET
Warehouses

5697 34Th Ave Altoona, IA 50009

13.5 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 13.5-acre industrial land parcel in Altoona, Iowa, presents a prime opportunity for development. Strategically located just east of Facebook's data center and north of I-80, this site boasts excellent interstate visibility, ensuring high traffic exposure for your business. The property is ideally situated near major attractions and businesses, including Adventureland Park, Prairie Meadows Racetrack and Casino, Bass Pro Shops, Outlets of Des Moines, and the new Amazon fulfillment center, guaranteeing a strong customer base and workforce pool. Currently zoned M-1, this land is perfect for flex, warehouse, and light industrial uses. The site offers convenient access to I-80/35 and Highway 65, providing seamless transportation links. Water is available on-site, and all other utilities are readily accessible in close proximity. With an average daily traffic count exceeding 60,000 vehicles, this location guarantees significant visibility and accessibility. The property is available for sale or build-to-suit options, offering flexibility to meet your specific needs. The sales price is negotiable, making this an attractive investment opportunity. The address is 5697 34th Ave NW, Altoona, IA 50009, within Polk County.

Property profile
Verified
Property type Warehouses
Lot 13.5 ac (588,060 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
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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