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Property profile & analytics
OFF-MARKET Estimated value $3,315,000
Grocery and convenience stores

2635 Adventureland Dr Altoona, IA 50009-9592

2,520 SF 1.17 ac lot Built 2010
Entity Owned 3-yr Hold ~ Est. High Equity
Property ID
US25-0238023
Property profile
Verified
Property type Grocery and convenience stores
Use group CONVENIENCE STORE
Year built 2010
Construction STEEL FRAME
Total area 2,520 SF
Lot 1.17 ac (50,835 SF)
Zoning code C-3
APN 171/00122-504-000
UPID US25-0238023
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
$3.13M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$3.32M
Owner & transaction history
Sk Enterprises LLC · 3 yrs held
Sk Enterprises LLC
since 2023
Last sale
$3.5M
7 recorded transactions
2023
$3.5M
2020
$2.1M
2019
Price N/A
2018
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
C-3 · Altoona, IA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

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 District. 17. Floodway (Overlay) District (…

Zone name Planned Commercial
General category COMMERCIAL
Zone area 66.40 ac
Source Development Standards 2019
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