Property profile

1000 9th NE St Altoona, IA 50009

OFF-MARKET
Investment properties
Property ID
US25-0135349
12,000 SF 7.55 ac lot Built 2022
Entity Owned Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 2022
Construction STEEL FRAME
Total area 12,000 SF
Lot 7.55 ac (328,834 SF)
APN 171/00001-001-872
UPID US25-0135349

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Construction Company General Contractor

Location

1000 9th NE St Altoona, IA 50009-4243
Altoona metro Census 10703 DES MOINES-WEST DES MOINES, IA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.83M
Comparable Approach Comparable
$2.06M
Blend (final) Blend
$1.77M

Owner & transaction history

since 2026
Last sale
$1.6M
1 recorded transaction
2026
$1.6M

Zoning & alternative use

Top alternative use upside
Restaurant $2.1M +57.4%
Auto repair, garage $1.9M +42.0%
Apartment house (5+ units) $1.8M +38.4%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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