Technical
Financial
Distress signals
Property profile

3053 8th SW St Altoona, IA 50009

OFF-MARKET
Strip malls
Property ID
US25-0122431
9,800 SF 2.41 ac lot Built 2017
Entity Owned Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional retail opportunity is located at 3053 8th Street SW in Altoona, Iowa, within Polk County. The property is classified as a storefront retail space with multiple tenancy options. A significant 3,317 square feet of vacant space is currently available, presenting a substantial opportunity for a single tenant or multiple businesses seeking a collaborative environment. While the total building square footage is not specified, the available space alone offers ample room for various retail ventures. The property's address is conveniently located at 3053 8th Street SW, Altoona, IA 50009, providing excellent visibility and accessibility. This location in Polk County offers a strong potential customer base and benefits from the advantages of being situated in Altoona, Iowa. The property's specific layout and features are not detailed, but the substantial vacant space allows for customization to suit a variety of retail needs. Interested parties are encouraged to inquire for further details and to schedule a viewing to assess the suitability of this prime retail space for their business objectives. The property is ready for immediate occupancy, offering a unique chance to establish or expand a retail presence in a thriving Iowa community.

Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 2017
Construction FRAME
Total area 9,800 SF
Lot 2.41 ac (105,110 SF)
APN 171/00511-600-003
UPID US25-0122431

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

3053 8th SW St Altoona, IA 50009-1049
Altoona metro Census 10707 DES MOINES-WEST DES MOINES, IA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history

since 2025
Last sale
$2.7M
1 recorded transaction
2025
$2.7M

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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