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    305 Adventureland Dr NW Altoona, IA 50009
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    Property profile & analytics

    305 Adventureland Dr NW, Altoona, IA 50009

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    • Warehouses
    • 135,824 SF
    • 13.22 lot acres
    Gateway East Business Center Space For Lease
    $10 SF/Yr

    Gateway East Business Center Space

    New business park with interstate visibility and access.

    305 Adventureland Drive NW, Altoona, IA 50009
    View Listing
    Property ID
    US25-0842739
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Warehouses

    Property Details for 305 Adventureland Dr NW

    Year built
    2023
    Construction
    STEEL FRAME
    Lot size
    13.22 lot acres
    Property type
    Warehouses
    APN
    171/00236-845-008
    APU
    17100236845008

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Jun 16, 2023 — Gateway East Business Center LLC — Deed · related $13.1M · Two Rivers Bank & Trust

    Description

    This Class A industrial warehouse, located at 305 Adventureland Drive NW in Altoona, Iowa, offers 135,656 square feet of space within a single building constructed in 2023. The property is zoned M-1A and situated in Polk County, offering excellent access via Interstate 80. The building features 20 drive-in doors and boasts a 24-foot ceiling height. Multiple tenancy options are available, with a minimum divisible space of 6,025 square feet and a maximum contiguous space of 51,669 square feet. Currently, 75,769 square feet is vacant, spread across 11 available suites out of a total of 20 suites. This property is part of Gateway East Business Center, a new business park in one of the fastest-growing cities in the Des Moines metro area, providing excellent visibility and access to a strong workforce. The location is ideal for various uses, including showroom, service retail, sports, office, and warehouse operations. The zip code is 50009.


    Value Estimations

    based on Realmo’s proprietary methodology
    • Comparable approach

      Method
      Estimation
      AI Estimate
      $4,051,000
      Market price range: $460k - $7.43M

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Altoona
    County
    Polk
    State
    Iowa
    Longitude
    -93.47
    Latitude
    41.6609
    CBSA code
    19780
    CBSA name
    DES MOINES-WEST DES MOINES, IA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $462
    $2,020,000
    $9,480,000
    $11,500,000
    -
    $2,020,000
    $9,480,000
    $11,500,000
    View Listing
    More about this property
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