555 9th NE St Altoona, IA 50009-4242
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 large goods. Loading and unloading are streamlined with 18 dock-high doors and 2 drive-in doors. Ample parking is available with 163 spaces to accommodate semi-trucks and trailers. The building's specifications include 3-phase 480v 3000 amp power, ensuring sufficient energy for demanding operations. The property is zoned M-1 Light Industrial, allowing for a variety of industrial uses. The building is a single-story structure, simplifying logistics and operations. This property presents a rare opportunity to acquire a state-of-the-art industrial facility in a highly desirable location. Its size, features, and accessibility make it an exceptional investment for businesses seeking efficient and strategically located warehouse space.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.