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Property profile & analytics
OFF-MARKET
Warehouses

451 9Th St Altoona, IA 50009

300,000 SF 50 ac lot Built 2023
Property ID
Property summary
AI-generated overview

This exceptional 300,000-square-foot industrial warehouse, built in 2023, is ideally situated in Altoona, Iowa, at 451 9th St NE, 50009. The property boasts a prime location within a thriving industrial corridor, offering easy access to Interstates 35 and 80, facilitating efficient Midwest-wide distribution. Its proximity to Des Moines International Airport further enhances its logistical advantages for nationwide shipping. The building features 18 dock-high doors, a 32-foot ceiling height, and a robust 7-inch floor slab. Ample parking is available with 229 spaces total, including 163 auto spaces and 66 trailer stalls. The warehouse's specifications include 3-phase, 480-volt, 2,000-amp power and energy-efficient LED lighting. The building's dimensions are 300 feet by 1,000 feet, with a 50-foot by 50-foot column spacing. The 50-acre lot provides significant expansion potential. This NNN-leased, vacant warehouse presents a unique opportunity for businesses seeking a state-of-the-art facility in a strategic location. The property is ready for immediate occupancy.

Property profile
Verified
Property type Warehouses
Year built 2023
Total area 300,000 SF
Lot 50 ac (2,178,000 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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