Financial
Distress signals
Property profile

555 9Th St NE Altoona, IA 50009

FOR SALE
Warehouses
Property ID
US25-0061023
302,604 SF 16.46 ac lot Built 2022
Last sale Sep 2025 · $25,000,000
Entity Owned Owner of record is a legal entity (LLC / corporation). Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional 2023-built industrial property offers 300,000 square feet of warehouse space, perfectly suited for distribution, manufacturing, or warehousing needs. The single-tenant building sits on 16.46 acres of land in Polk County, Iowa, providing ample room for operations and future expansion. Its strategic location offers easy access to Interstate 80, making it an ideal distribution hub. The building boasts a 32-foot ceiling height, facilitating efficient storage and handling of

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 · 2023

What does the county charge?
$499k
Tax billed · 2023
Assessed value · 2024$28.80M
Assessed land$2.51M
Assessed improvement$26.29M
Effective rate1.73%

Value estimate

· Sep 2026
$1.06M
$950k – $1.16M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$85/SF
County average, outlier-cleaned · 215 recorded sales of this use type
Observed band · Q1–Q3$51 – $125

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

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionPOLK

Location intelligence

Which uses thrive at this corner?
Best fit: Dental Office
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dental Office14.7
Restaurant11.8
Realty agency11.6

Location

555 9Th St NE Altoona, IA 50009
County assessor Recorded deeds · 2 transfers Comp sales · not on file Zoning catalog · not on file

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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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