451 9Th St Altoona, IA 50009
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.
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
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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.