Financial
Distress signals
Property profile

501 8th SE St Altoona, IA 50009

OFF-MARKET
Strip malls
Property ID
US25-0310165
17,280 SF 1.57 ac lot Built 2000
Last sale Apr 2004 · $1,652,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 11-yr Hold Held for 11 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional 7,000 square foot retail storefront, located at 501 8th Street SW in Altoona, Iowa, presents a remarkable opportunity for businesses seeking high visibility and ample space. Situated on a 0.95-acre lot in Polk County, this multi-tenant property offers a completely vacant space, providing flexibility for a wide range of retail or commercial uses. The modern and adaptable layout allows for efficient floor planning and customized interiors to perfectly suit your business needs.

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2020

What does the county charge?
$58k
Tax billed · 2020
Assessed value · 2023$2.20M
Assessed land$378k
Assessed improvement$1.82M
Effective rate2.64%

Value estimate

· Sep 2026
$1.43M
$1.28M – $1.57M
Sales comparison$1.53M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$99/SF
County average, outlier-cleaned · 59 recorded sales of this use type
Observed band · Q1–Q3$47 – $152

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 Firm18.5
Restaurant17.2
Building Supply15.6

Location

501 8th SE St Altoona, IA 50009-1903
County assessor Recorded deeds · 7 transfers Comp sales · not on file 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 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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