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Property profile & analytics
OFF-MARKET
Land

9th 9Th St Altoona, IA 50009

1.51 ac lot
Property ID
Property summary
AI-generated overview

This exceptional offering presents seven commercial and industrial land parcels in Altoona, Iowa, totaling approximately 17.8 acres. Strategically located within a half-mile of Interstate 35/80 access and just 30 minutes from Des Moines International Airport, these lots provide unparalleled connectivity. Each lot is zoned C-2 (General Commercial), ensuring a wide range of development possibilities. All utilities are available on-site, simplifying the development process. Individual lot sizes range from 1.51 acres to 2.17 acres, offering flexibility for various project scales. The asking price is $3,883,374, with each lot priced at $5 per square foot. This represents a unique opportunity to acquire prime commercial and industrial land in a rapidly growing area with excellent infrastructure and convenient access to major transportation arteries. The properties are currently available on the market and ready for immediate development. Detailed lot sizes and availability are available upon request. This is an ideal investment for businesses seeking a strategic location with easy access to transportation and a thriving regional economy. The C-2 zoning allows for a diverse range of commercial and industrial uses, making this a versatile and attractive investment opportunity.

Property profile
Verified
Property type Land
Lot 1.51 ac (65,776 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
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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