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Property profile & analytics

5580 Goods Ln Altoona, PA 16602

  • Commercial real estate
  • 40.89 lot acres
For Sale
Last Sale
Aug 12, 2021
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US73-4092566
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • WJAC TV / Computer & Electronic Repair
  • Buckle / Watch Store / Women'S Clothing Store
  • Zumiez / Clothing & Fashion Store
  • Claire's / Tattoo & Piercing Shop
  • Hot Topic / Clothing Store / Fashion Accessories Store

Property Details for 5580 Goods Ln

Lot size
40.89 lot acres
Property type
Commercial real estate
APN
14.00-15..-005.01-000
APU
14001500501000

Description

This exceptional retail opportunity presents a 137,279-square-foot storefront space located within the Logan Valley Mall in Altoona, Pennsylvania. The property is situated on Goods Lane, a major retail thoroughfare with a high average annual daily traffic count of 10,616 vehicles. Its strategic location offers excellent access to Route 22 and I-99, providing convenient access for customers throughout the region. The mall itself is a regional shopping destination, anchored by JCPenney and Macy's, and boasts over 50 stores and services across two levels, attracting an estimated 1.4 million annual visitors. Altoona, the largest city in Blair County, serves as a central hub for retail, cultural, and educational activities, benefiting from the presence of Penn State Altoona and UPMC Altoona, a major employer with over 4,500 employees. The area also benefits from a large student population, with approximately 120,000 college students within a 40-mile radius. This property offers a significant opportunity for a retailer seeking high visibility and access to a substantial consumer base in a growing market. The lease type is NNN. The total gross leasable area of the mall is approximately 785,000 square feet, with various inline and outparcel availabilities. The property's location provides easy access to a major highway, I-99, with an average annual daily traffic count of 36,821 vehicles. This presents a unique chance to establish a strong retail presence in a thriving Pennsylvania community.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    ML approach
    $560,000

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Altoona
County
Blair
State
Pennsylvania
Longitude
-78.4106
Latitude
40.4694
CBSA code
11020
CBSA name
ALTOONA, PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$213,319
$7,462,800
$7,870,400
$15,333,200
-
$7,462,800
$7,870,400
$15,333,200
More about this property
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