Financial
Distress signals
Property profile

3831 8Th St SW Altoona, IA 50009

FOR LEASE
Drive through restaurants
Property ID
US25-0159319
2,630 SF 0.76 ac lot Built 2012
Last sale Feb 2020 · $1,216,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 6-yr Hold Held for 6 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Market Trends Soon
3831 8Th St SW, Altoona, IA 50009 For Lease
$1,005,000
3831 8Th St SW, Altoona, IA 50009
View Listing

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?
$29k
Tax billed · 2020
Assessed value · 2023$1.37M
Assessed land$438k
Assessed improvement$935k
Effective rate2.13%

Value estimate

· Sep 2026
$1.01M
$905k – $1.11M
AI approach$1.01M
Submarket $/SF estimate$632k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$172/SF
County average, outlier-cleaned · 98 recorded sales of this use type
Observed band · Q1–Q3$90 – $264

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: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm13.2
HVAC Service11.3
Auto Parts Store11.1

Location

3831 8Th St SW Altoona, IA 50009
County assessor Recorded deeds · 3 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 · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
301 9th NE, Altoona, IA 50009-4213 $475,000 May 2023 3,200 SF
2635 Adventureland, Altoona, IA 50009-9592 $3,450,000 Feb 2023 2,520 SF
736 8th SE, Altoona, IA 50009-1962 $1,047,500 Aug 2022 2,214 SF
105 2nd SE, Altoona, IA 50009-1809 $200,000 Oct 2021 3,005 SF
3410 8th SW, Altoona, IA 50009-1024 $2,450,000 Jan 2020 4,772 SF
465 Ctr SW, Altoona, IA 50009-2586 $1,800,000 Jan 2020 4,514 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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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