Property summary
This exceptional investment opportunity presents a portfolio of three thriving car washes strategically located in Altoona and Urbandale, Iowa. The portfolio comprises three fee-simple properties, built between 1998 and 2009, and zoned for commercial/special purpose use. The Altoona location (925 34th Ave SW, 50009), established in 2003, features four PDQ Laserwash 360+ units with access entry pay stations, situated in a high-traffic area near Lowe's and Target, experiencing approximately… 12,000+ daily vehicle counts. Two Urbandale locations (3969 NW Urbandale Dr, 50322 and 8500 Meredith Dr, 50322) contribute to the portfolio's success. The Urbandale location at 3969 NW Urbandale Dr, built in 2009 on a ±1.78-acre lot, boasts four PDQ Laserwash 360 units and four vacuum stations, attracting approximately 13,000+ vehicles daily from nearby residential and retail areas. The second Urbandale location at 8500 Meredith Dr also includes 4 PDQ laserwash machines and 4 vacuums. All locations benefit from established client bases, high daily traffic volumes (averaging 12,000-15,000 vehicles), and modern PDQ Laserwash systems. This portfolio offers a turnkey operation with significant potential for continued growth and is eligible for bonus depreciation under the Tax Cuts and Jobs Act of 2017. The asking price for this owner/user opportunity is $6,150,000.
Ownership intelligence
Resolved identity, portfolio, hold profile and investor signals. Included in the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2020
Value estimate
· Sep 2026Realmo valuation models over county records and 3 qualifying comparable sales.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
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Comparables
6 recent transactions · within 1.5 miComparable in this City
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Price sensitivity
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The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
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Official district profile
The C-2 District is designed to provide space for the general retail and professional office uses and efficient development of major retail shopping areas (other than shopping centers in the C-3 District). The uses permi…
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
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The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
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- Location Insight
- Alternative use
- Local Zoning Insight