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Property profile & analytics
OFF-MARKET
Grocery and convenience stores

108 8th SW St Altoona, IA 50009-1760

50,198 SF 5.28 ac lot Built 2008
Entity Owned 4-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US25-0232688
Property profile
Verified
Property type Grocery and convenience stores
Use group GROCERY, SUPERMARKET
Year built 2008
Construction STEEL FRAME
Total area 50,198 SF
Lot 5.28 ac (230,171 SF)
Zoning code C-4
APN 171/00360-875-002
UPID US25-0232688
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
Hurd Altoona LLC · 4 yrs held
Hurd Altoona LLC
since 2022
Last sale
$19.6M
1 recorded transaction
2022
$19.6M
Zoning & alternative use
C-4 · Altoona, IA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

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 District. 17. Floodway (Overlay) District (FW) - those areas identified as Floo…

Zone name Village Commercial
General category COMMERCIAL
Zone area 23.31 ac
Source Development Standards 2019
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