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Property profile

5660 NE Hubbell Ave Altoona, IA 50009

FOR SALE
Warehouses
Property ID
US25-0420761
38,100 SF 8.11 ac lot Built 1984
Last sale Apr 2021 · $5,113,500
Entity Owned Owner of record is a legal entity (LLC / corporation). 5-yr Hold Held for 5 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$110k
Tax billed · 2023
Assessed value · 2024$3.36M
Assessed land$1.28M
Assessed improvement$2.08M
Effective rate3.28%

Value estimate

· Oct 2026
$4.91M
$4.41M – $5.40M
AI approach$5.21M
CAP approach$4.53M
Submarket $/SF estimate$3.35M
NOI build-up
Gross scheduled income$468k
Vacancy & credit loss−$37k
Operating expenses−$129k
NOI · 4.02% cap applied$302k

Realmo valuation models over county records and 3 qualifying comparable sales.

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
Qualifying comparables3

Cap rate analysis

How does the asset earn?
4.02%
$302k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

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: Storage Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Storage Facility8.9
Carpet & Flooring Store8.4
Building Supply8.4

Location

5660 NE Hubbell Ave Altoona, IA 50009
County assessor Recorded deeds · 2 transfers 3 qualifying comp sales 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 recorded sales · 11 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
600 3rd SW, Altoona, IA 50009 $2,300,000 Dec 2025 22,200 SF
2402 21st NW, Altoona, IA 50009 $30,000,000 Dec 2025 259,056 SF
1050 9th NE, Altoona, IA 50009-4243 $878,000 May 2022 10,500 SF
2140 21st NW, Altoona, IA 50009-3015 $1,024,000 Apr 2021 17,961 SF
1026 34th NW, Altoona, IA 50009-2635 $2,900,000 Feb 2019 17,760 SF
701 1st N, Altoona, IA 50009-1429 $1,825,000 Jan 2019 15,840 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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