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For Lease
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Property summary
Pine Tree Plaza, a thriving community center in Altoona, Iowa, offers exceptional retail space for lease. This 42,015 square foot center sits on a 5.83-acre lot, providing ample space and visibility. Its strategic location directly west of a Wal-Mart Supercenter ensures high traffic counts, with 19,920 vehicles passing daily on 8th Street. The center boasts a strong tenant mix, including established businesses such as Maurices, ReMax, Sally Beauty Supply, Bone-A-Patreat, Sugar Shack, and… Gamestop. This diverse tenant base creates a vibrant and attractive shopping destination. The property is classified as multi-tenant retail, offering opportunities for various business types to thrive within a well-established community hub. The significant daily traffic volume, coupled with the presence of successful existing tenants, presents a compelling investment opportunity for businesses seeking high visibility and a strong customer base. The ample land area also allows for potential expansion or future development. This property is ideal for businesses looking to establish a presence in a high-traffic, well-established retail center in a growing Iowa community. The existing tenant mix provides a strong foundation for new businesses to flourish. Contact us today to learn more about leasing opportunities at Pine Tree Plaza.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with a plan.
Debts
Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.
Property tax · 2020
Value estimate
· Oct 2026Realmo valuation models over county records.
Recently sold
Cap rate analysis
Price anchors at 6 / 6.5 / 7% — in the full report.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recorded sales · 14 properties nearbyComparable nearby
Similar Nearby for Sale
Similar Nearby for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $199/month
- GBA
- 34,165 SF
- Lot area
- 6.15 ac
- Year built
- 2000
- Stories
- 2
- APN
- 171/00460-701-003
- Zoning
- C-2
- Assessed value · 2023
- $5,820,000
- Annual tax · 2020
- $164,220
- Estimated market rent / SF
- Potential gross income
- Vacancy allowance
- Effective gross income
- Benchmark operating expenses
- Stabilized NOI
- Property tax · 2020
- $164,220
- Selected cap rate
- Commercial (general)
- Neighborhood: Shopping Center · current use
- Warehouse, Storage
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $199/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Registration is required before the official district profile is shown.
Official district profile
The C-2 District is designed to provide space for the general retail and professional office uses and efficient development of major retail shopping areas (other than shopping centers in the C-3 District). The uses permi…
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with a plan - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
The mortgage data comes with a plan: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- 10 Targeted Leads
- 1 Full Property Report
- Lead Lists by Intent
- Signals & Scores
- Building Details
- Value Estimation
- Cap Rate Evaluation
- Liens & Mortgages
- Ownership & Contacts
- Local Market trends
-
Zoning Insight— not in this plan -
Location Analytics— not in this plan
- 300 Targeted Leads a month
- 30 Full Property Reports
- Lead Lists by Intent
- Signals & Scores
- Building Details
- Value Estimation
- Cap Rate Evaluation
- Liens & Mortgages
- Ownership & Contacts
- Local Market trends
- Zoning Insight
-
Location Analytics— not in this plan
- 1,500 Targeted Leads a month
- 150 Full Property Reports
- Lead Lists by Intent
- Signals & Scores
- Building Details
- Value Estimation
- Cap Rate Evaluation
- Liens & Mortgages
- Ownership & Contacts
- Local Market trends
- Zoning Insight
- Location Analytics
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