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Property profile & analytics
OFF-MARKET
Grocery and convenience stores

101 8th SW St Altoona, IA 50009-1759

2,508 SF 0.38 ac lot Built 1995
Entity Owned 20-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US25-2503563
Property profile
Verified
Property type Grocery and convenience stores
Use group CONVENIENCE STORE
Year built 1995
Construction STEEL FRAME
Total area 2,508 SF
Lot 0.38 ac (16,335 SF)
Zoning code C-2
APN 171/00266-007-002
UPID US25-2503563
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
Walgreen Co · 20 yrs held
Walgreen Co
since 2006
6 recorded transactions
2006
Price N/A
2006
$3.6M
2005
Price N/A
2005
Price N/A
2005
$700,000
1969
Price N/A
Zoning & alternative use
C-2 · Altoona, IA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

8. C-2 General Commercial District. 9. C-3 Planned Commercial District. 10. C-4 Village Commercial District. 11. C-5 Office Park. 12. C-6 Commercial Entertainment or Recreational District. 13. C-7 Regional Commercial District. 14. M-1 Limited Industrial District. 15. M-1A Commercial And Limited Light Industrial Business Park. 16. M-2 Heavy Industrial Distric…

Zone name General Commercial
General category COMMERCIAL
Zone area 538.92 ac
Source Development Standards 2019
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