435 Adventureland Drive Altoona, IA $ 4,300,000
435 Adventureland Drive
$ 4,300,000
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435 Adventureland Drive

Altoona, IA, 50009
$ 4,300,000
Baths0.0 Sq 51,780

Monthly Estimate*

$ 30,037

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Studio

Commercial Property for sale in Altoona, IA

for $4,300,000. This 51,780 square foot building was built in 2016 on a lot size of 3.33.

Turnkey Self Storage Opportunity with High Occupancy. Welcome to a prime investment opportunity in Altoona, IA, strategically located near Interstate 80. Presenting a meticulously operated and maintained self storage facility boasting 236 units spanning across 51,780 square feet. With an impressive occupancy rate of 95.76%, this property offers a proven track record of success. Situated in a highly accessible location, this self storage facility is strategically positioned near Interstate 80, ensuring convenient access for customers. The property features a range of unit sizes, including temperature controlled options, catering to various storage needs.Offering 24/7 access, tenants can rest assured that their belongings are accessible whenever they need them. The facility's security measures ensure peace of mind for both tenants and the property's reputation.The property benefits from an on-site manager with a vested interest in the property's success. Their willingness to stay on and manage the property presents an opportunity for seamless ownership transition.With an impressive 95.76% occupancy rate, this property reflects strong demand for storage solutions in the area. Its proximity to Interstate 80 ensures a steady flow of potential customers, making it a highly sought-after location for self storage.There may be potential for investors to capitalize on the growing demand for storage solutions. See additional Build To Suit listing next door.

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Commercial Active

Price

$ 4,300,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 109,590

Style

Lot Size

3.33

Year Built

2016

Town/City

Altoona

County/Region

Polk

MLS | Web ID

680590

Features
General
Sewer PublicSewer
Heating ForcedAir Gas NaturalGas
Utilities ElectricityAvailable
Roof Metal
Zoning M-1
Construction Materials MetalSiding
Year Built 2016
Tax Year 2022
County Polk
New Construction N
Property Type CommercialSale
HOA / Comm Assn N
Attached Garage N
Garage Y/N N
Status Active
Directions From I 80 take the 1st Ave N exit and head South. Turn West on Adventureland Drive and the property is on your left (North).
City Altoona
Buyer Agent Compensation 2.0000
View Y/N N
Senior Community Y/N N
High School District Southeast Polk
MLS Area Altoona
Lot Size Square Feet 145054.0
Private Pool N
Waterfront Y/N N
Carport Y/N N
Street Name Adventureland
Listing Terms Cash Conventional
Property Attached Y/N N
Land Lease Y/N N
Tax Annual Amount 109590.0
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Days on Market 189
Standard Status Active
Occupancy Description Owner
Middle/Junior School District Southeast Polk
Elementary School District Southeast Polk
Legal Description -EX LOT 6 LYG IN S 1/2 SEC 7-79-22- PARCEL A BK 15877 PG 168 LOT 6 FRANZEN PLAT 1 *see remarks
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Exterior
Lot Features IrregularLot
Water Source Public
Lot Size Area 3.33
Foundation Details Block
Spa N
Building Area Total 51780.0
Lot Size Acres 3.33
Road Surface Type Concrete
Lot Size Units Acres
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Full Baths 0
Half Baths 0
3/4 Baths 0
Street Suffix Drive
Total Bedrooms 0
Electric On Property Y/N N
Total Baths 0
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Internal Only
Street Number 1 435
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* Excluded Features
List By
Abby Hausmann-Virgil

Listing Agent

Keller Williams Ankeny Metro

Broker

abby@homesweethomeiowa.com

Email

Affordability Calculator

$39,169
Per Month
77%
23%
0%
Monthly Principal & Interest
$30,037
Monthly Property Taxes
$9,133
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
1177562 Elementary School
1177539 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
1/23/2024$4,300,000 -6.52% Price Down
10/13/2023$4,600,000 -11.54% Price Down
8/22/2023$5,200,000 Listed Price

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435 Adventureland Drive, Altoona, IA, 50009 is a Commercial Property for sale at $4,300,000 with 51,780 sqft and a lot size of 3.33. 435 Adventureland Drive is a studio with 0.0 baths and was built in 2016. The property's zip code is 50009 which is in Altoona, IA