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Property profile & analytics
OFF-MARKET
Land

711 8Th St Altoona, IA 50009

12,250 SF 1.39 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 1.39-acre commercial land parcel, located at 711 & 715 8th Street SE in Altoona, Iowa, presents a unique investment opportunity. Zoned C-2 General Commercial, this property offers 12,250 square feet of potential development space and boasts a highly desirable location. Situated at the intersection of 8th Street SE and 8th Avenue SE, it benefits from exceptional visibility and convenient access. The property is directly west of the Sam Wise Sports Complex, positioning it as a key entry point to Altoona's rapidly expanding commercial area along 8th Street. A significant advantage is the upcoming completion of a fully signalized 4-lane intersection in Spring 2024, promising increased traffic flow and enhanced visibility for future businesses. This single-tenant property is ideal for ground lease or build-to-suit development, catering to a wide range of commercial ventures. The property's location in Polk County, Iowa, with a zip code of 50009, ensures easy access to major transportation routes and a thriving local community. This is a rare chance to acquire a strategically located commercial land parcel in a high-growth area. The property's size and zoning provide ample flexibility for various development plans, making it an attractive proposition for both investors and developers seeking a prime location in Altoona.

Property profile
Verified
Property type Land
Total area 12,250 SF
Lot 1.39 ac (60,548 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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