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Property profile

109 8th SE St Altoona, IA 50009

OFF-MARKET
Other commercial real estate
Property ID
US25-0415145
7,455 SF 0.41 ac lot Built 1978
Last sale Apr 2024 · $260,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is commercial land located at 109 8th St SE in Altoona, Iowa, situated within Altoona’s business district. It is configured for potential development and is identified for office or retail use, with an option to pursue a build-to-suit project.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2020

What does the county charge?
$2k
Tax billed · 2020
Assessed value · 2023$119k
Assessed land$119k
Effective rate1.59%

Value estimate

· Oct 2026
$260k
$234k – $286k
AI approach$260k

Realmo valuation models over county records and 8 qualifying comparable sales.

Recently sold

What actually traded nearby?
$109/SF
County average, outlier-cleaned · 496 recorded sales of this use type
Observed band · Q1–Q3$64 – $171
Qualifying comparables8

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
C-2
The C-2 District is designed to provide space for the general retail and professional office uses and efficient development of major reta...
General categoryCOMMERCIAL
JurisdictionPOLK

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm15.8
Building Supply13.5
Restaurant13.4

Location

109 8th SE St Altoona, IA 50009-1938
County assessor Recorded deeds · 5 transfers 8 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
320 8th SE, Altoona, IA 50009-1958 $700,000 Dec 2023 3,750 SF
295 9th NE, Altoona, IA 50009-4212 $337,500 Mar 2023 3,600 SF
Altoona, IA 50009 $350,000 Sep 2022 1,458 SF
5880 Hubbell, Altoona, IA 50009 $5,113,500 Apr 2021 1,980 SF
434 31st SW, Altoona, IA 50009-5408 $200,000 Apr 2021 1,367 SF
5943 46th, Altoona, IA 50009-9301 $480,000 Dec 2019 1,970 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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