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Property profile & analytics
OFF-MARKET Estimated value $585,000
Truck terminals

Altoona, IA 50009

17,600 SF 15.06 ac lot Built 1966
Individually Owned Absentee Owner Free & Clear
Property ID
US25-0511155
Property profile
Verified
Property type Truck terminals
Use group TRUCK TERMINAL (MOTOR FREIGHT)
Year built 1966
Construction STEEL FRAME
Total area 17,600 SF
Lot 15.06 ac (656,014 SF)
Zoning code M-1
APN 171/00017-000-000
UPID US25-0511155
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$585k
Blend (final) Blend
$585k
Owner & transaction history
STATE IOWA
STATE IOWA
Zoning & alternative use
M-1 · Altoona, IA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

14. M-1 Limited Industrial District. 15. M-1A Commercial And Limited Light Industrial Business Park. 16. M-2 Heavy Industrial District. 17. Floodway (Overlay) District (FW) - those areas identified as Floodway on the Official Flood Plain Zoning Map. 18. Floodway Fringe (Overlay) District (FF) - those areas identified as Zone AE on the Official Flood Plain Zo…

Zone name Limited Industrial
General category INDUSTRIAL
Zone area 2,146.43 ac
Source Development Standards 2019
Top alternative use upside
Apartment house (5+ units) $655,000 +11.9%
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