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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

1007 8th SW St Altoona, IA 50009-2316

5,884 SF 0.65 ac lot Built 2014
Entity Owned 3-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US25-0208540
Property profile
Verified
Property type Retail properties & Spaces
Use group SERVICE SHOP (TV, ELECTRIC, PLUMBING)
Year built 2014
Construction FRAME
Total area 5,884 SF
Lot 0.65 ac (28,444 SF)
Zoning code M-1
APN 171/00076-003-000
UPID US25-0208540
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
Mcroberts Properties LLC · 3 yrs held
Mcroberts Properties LLC
since 2022
3 recorded transactions
2022
Price N/A
2022
Price N/A
1969
Price N/A
Zoning & alternative use
M-1 · Altoona, IA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

14. M-1 Limited Industrial District. 15. M-1A Commercial And Limited Light Industrial Business Park. 16. M-2 Heavy Industrial District. 17. Floodway (Overlay) District (FW) - those areas identified as Floodway on the Official Flood Plain Zoning Map. 18. Floodway Fringe (Overlay) District (FF) - those areas identified as Zone AE on the Official Flood Plain Zo…

Zone name Limited Industrial
General category INDUSTRIAL
Zone area 2,146.43 ac
Source Development Standards 2019
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