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Property profile & analytics
OFF-MARKET
Commercial real estate

109 8th SE St Altoona, IA 50009-1938

7,455 SF 0.41 ac lot Built 1978
Entity Owned 2-yr Hold ~ Est. High Equity
Property ID
US25-0415145
Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1978
Construction FRAME
Total area 7,455 SF
Lot 0.41 ac (17,985 SF)
Zoning code C-2
APN 171/00379-002-000
UPID US25-0415145
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
Charlottes Belgian Waffles LLC · 2 yrs held
Charlottes Belgian Waffles LLC
since 2024
Last sale
$260,000
5 recorded transactions
2025
Price N/A
2025
Price N/A
2024
Price N/A
2024
$260,000
2012
$150,000
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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