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    Property profile & analytics

    619 17th NW Ave Altoona, IA 50009-1160

    • Apartment buildings
    • 36,824 SF
    • 4.76 lot acres
    OFF-MARKET
    Value Estimation
    $11,515,000
    Last Sale
    May 12, 2022
    $13,700,000
    Location Intelligence
    Property ID
    US25-0412574
    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

    • Apartment buildings

    Property Details for 619 17th NW Ave

    Year built
    1996
    Construction
    FRAME
    Lot size
    4.76 lot acres
    Property size
    36,824 SF
    Zone code
    R-5
    Property type
    Apartment buildings
    APN
    171/00177-502-000
    APU
    17100177502000

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $10,320,000

    • CAP approach

      CAP return
      Estimation
      6%
      $14,710,000
      6.5%
      $12,645,000
      7%
      $15,125,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $15,400,000
      Geo Method
      $12,055,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $14,500,000
      Retail
      $13,140,000
      Mixed-Use
      $14,120,000
      Hospitality
      $14,265,000
      Educational
      $15,095,000
      Residential Income
      $14,895,000
      Energy
      $13,875,000
      Income-Based Land
      $15,870,000
      Food Service
      $15,800,000

    Location Insight

    • Map
    • Local Demand
    City
    Altoona
    County
    Polk
    State
    Iowa
    Longitude
    -93.4823
    Latitude
    41.6571
    CBSA code
    19780
    CBSA name
    DES MOINES-WEST DES MOINES, IA 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
    2020
    $172,880
    $688,000
    $10,638,000
    $11,326,000
    -
    $688,000
    $10,638,000
    $11,326,000

    Comparable in this City

    • Value Estimation
      $500,000
      32,973 SF

      2304 Ironwood SW Dr

      APARTMENT HOUSE (5+ UNITS) • 32,973 SF
      2304 Ironwood SW Dr, Altoona, IA 50009-1296
      View Details
    • Value Estimation
      $665,000
      70,148 SF

      1427 34th SW Ave

      APARTMENT HOUSE (5+ UNITS) • 70,148 SF
      1427 34th SW Ave, Altoona, IA 50009-5453
      View Details
    • Value Estimation by Request
      10,320 SF

      Altoona, IA 50009

      APARTMENT HOUSE (5+ UNITS) • 10,320 SF
      Altoona, IA 50009
      View Details
    • Value Estimation by Request
      5,120 SF

      404 3rd SW Ave

      APARTMENT HOUSE (5+ UNITS) • 5,120 SF
      404 3rd SW Ave, Altoona, IA 50009
      View Details
    • Value Estimation by Request
      4,864 SF

      702 2nd SW Ave

      APARTMENT HOUSE (5+ UNITS) • 4,864 SF
      702 2nd SW Ave, Altoona, IA 50009-1775
      View Details
    • Value Estimation by Request
      5,120 SF

      707 2nd SW Ave

      APARTMENT HOUSE (5+ UNITS) • 5,120 SF
      707 2nd SW Ave, Altoona, IA 50009-1780
      View Details

    Similar Nearby for Sale

    • $370,000

      Altoona Ranch Townhome with Daylight

      Ranch townhome featuring 3 bedrooms, 3 bathrooms, and finished lower level.
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      New Ranch Townhome with Daylight

      New 3 bed, 3 bath townhome with daylight lot.
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      Prime 1.14-acre C-2 lot, ideal for development.
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    • Contact for pricing
      13.50 Acres

      Altoona Industrial Land for Sale

      13.5 Acres, I-80 Visibility, Build-to-Suit
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    • $125,000
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      Altoona Land for Custom Home

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      Residential land in Altoona, IA with landscaping allowance.
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    Similar Nearby for Lease

    • $822,195

      Altoona Commercial Land For Lease

      Prime location near I-80, suitable for various commercial uses.
      1250 1St Ave N, Altoona, IA 50009
      View Details
    • $14 SF/Yr
      11,755 SF

      Altoona Retail/Office Opportunity

      Des Moines Submarket, 3,844 SF Available
      600 8Th St, Altoona, IA 50009
      View Details
    • Contact for pricing
      497,587 SF

      Altus Building C: Altoona Warehouse

      Massive Iowa warehouse space available.
      2301 25Th St, Altoona, IA 50009
      View Details
    • Contact for pricing
      1,805 SF

      Mixed-Use Building For Rent

      Mixed-use building available for rent.
      415 Center Pl, Altoona, IA 50009
      View Details
    • $16 SF/Yr
      1,462 SF

      Retail Space Available For Sublease

      Retail space available for sublease through 10.31.27 with high visibility.
      408-412 8Th St SW, Altoona, IA 50009
      View Details
    • Contact for pricing
      7,000 SF

      Altoona Retail Space: 7,000 SF

      Prime Altoona storefront, 7,000 sq ft available.
      501 8Th St, Altoona, IA 50009
      View Details
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    Altoona, IA 50009-1160
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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