Financial
Distress signals
Property profile

701 1st N Ave Altoona, IA 50009

OFF-MARKET
Warehouses
Property ID
US25-0175904
15,840 SF 1.38 ac lot Built 2002
Last sale Jan 2019 · $1,825,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 7-yr Hold Held for 7 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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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 · 2023

What does the county charge?
$47k
Tax billed · 2023
Assessed value · 2024$1.49M
Assessed land$120k
Assessed improvement$1.37M
Effective rate3.18%

Value estimate

· Sep 2026
$770k
$693k – $847k
Submarket $/SF estimate$525k

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$85/SF
County average, outlier-cleaned · 215 recorded sales of this use type
Observed band · Q1–Q3$51 – $125
Qualifying comparables3

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?
M-1
The M-1A District is intended to define areas for activities and produce flex spaces for uses of general retail, professional office, and...
General categoryINDUSTRIAL
JurisdictionPOLK

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency24.7
Restaurant20.9
Building Supply19.5

Location

701 1st N Ave Altoona, IA 50009-1429
County assessor Recorded deeds · 1 transfer 3 qualifying comp sales 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 · 12 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
600 3rd SW, Altoona, IA 50009 $2,300,000 Dec 2025 22,200 SF
1050 9th NE, Altoona, IA 50009-4243 $878,000 May 2022 10,500 SF
2140 21st NW, Altoona, IA 50009-3015 $1,024,000 Apr 2021 17,961 SF
5660 Hubbell, Altoona, IA 50009-9570 $5,113,500 Apr 2021 38,100 SF
1026 34th NW, Altoona, IA 50009-2635 $2,900,000 Feb 2019 17,760 SF
1220 34th SW, Altoona, IA 50009-2632 $1,800,000 Oct 2018 32,076 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
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