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Property profile & analytics
FOR LEASE
Strip malls

3053 8Th St W Altoona, IA 50009

9,800 SF 2.41 ac lot Built 2017
Entity Owned Absentee Owner ~ Est. High Equity
Property ID
US25-0122431
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
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
Altoona Partners LLC
Altoona Partners LLC
since 2025
Last sale
$2.7M
1 recorded transaction
2025
$2.7M
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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