Financial
Distress signals
Property profile

116 1st N Ave Altoona, IA 50009

OFF-MARKET
Strip malls
Property ID
US25-0310226
6,600 SF 0.77 ac lot Built 2014
Last sale Dec 2020 · $615,500
Entity Owned Owner of record is a legal entity (LLC / corporation). 5-yr Hold Held for 5 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Saved · see the list in your Dashboard
Market Trends Soon

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2020

What does the county charge?
$22k
Tax billed · 2020
Assessed value · 2023$909k
Assessed land$111k
Assessed improvement$798k
Effective rate2.45%

Value estimate

· Sep 2026
$505k
$455k – $556k
AI approach$480k
Submarket $/SF estimate$634k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$99/SF
County average, outlier-cleaned · 59 recorded sales of this use type
Observed band · Q1–Q3$47 – $152

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
C-2
The C-2 District is designed to provide space for the general retail and professional office uses and efficient development of major reta...
General categoryCOMMERCIAL
JurisdictionPOLK

Location intelligence

Which uses thrive at this corner?
Best fit: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply25.9
Restaurant25.8
Wholesale Shop19.0

Location

116 1st N Ave Altoona, IA 50009-1425
County assessor Recorded deeds · 8 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 14 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
3053 8th SW St, Altoona, IA 50009-1049 $2,700,000 Dec 2025 No data
3160 8th SW St, Altoona, IA 50009-1023 $5,500,000 Dec 2024 No data
412 8th SW, Altoona, IA 50009-1620 $1,442,500 Aug 2021 9,700 SF
709 34th SW, Altoona, IA 50009-2676 $2,475,000 Nov 2020 11,070 SF
3219 8th SW, Altoona, IA 50009-1035 $3,460,000 May 2019 7,632 SF
1005 8th SW, Altoona, IA 50009-2310 $500,000 Feb 2019 6,421 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 116 1st N Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message