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1845 Adventureland Dr 0.91 - 1.82 Acre Commercial Land Lots Offered at $593,820 - $1,187,835 Per Lot in Altoona, IA 50009
Investment Highlights
- Situated near leading retail and hospitality destinations including major outlet shopping.
- Premium location adjacent to major tourism anchors producing multi-million annual visitation.
- Direct access to the I-80 and U.S. 65 interchange offering immediate regional connectivity.
Executive Summary
Situated in the heart of Iowa’s most vibrant tourism and entertainment district, 1845 Adventureland Drive represents an exceptional commercial development opportunity with unmatched visibility and year-round demand drivers. This 6.73-acre offering sits directly alongside two of the state’s largest visitor attractions: Prairie Meadows Racetrack & Casino and Adventureland Resort. Together these regional anchors attract more than four million annual visitors, creating constant customer flow and sustained economic vitality. The site further benefits from its proximity to high-performing retail and hospitality destinations, including the Outlets of Des Moines and Bass Pro Shops, which continually draw both local and multi-state traffic. [_ NAI 2025...um _L_ (1) | PDF]
Located just ten minutes from downtown Des Moines, the property delivers seamless connectivity via immediate access to the I-80 and U.S. 65 interchange. This strategic positioning amplifies both local and regional accessibility, making the site well-suited for users seeking high-impact exposure along a major growth corridor. Future infrastructure enhancements add substantial value, including the City of Altoona’s planned 2026 reconstruction of Adventureland Drive, which will expand the roadway from two to five lanes to accommodate ongoing commercial momentum. This investment underscores the city’s commitment to supporting large-format development, improved traffic handling, and strengthened retail and hospitality performance.
The property is divided into multiple development-ready lots, ranging from 0.91 to 1.82 acres, offering flexibility for various project scales. C-2 zoning allows for an impressive range of potential uses, such as premium retail, fast-casual and drive-thru restaurants, medical clinics, corporate office campuses, or higher-end lodging concepts. With strong surrounding demographics, a high-density visitor base, and exceptional frontage along a major destination corridor, 1845 Adventureland Drive offers both immediate development potential and long-term strategic upside in a thriving entertainment-anchored submarket
Located just ten minutes from downtown Des Moines, the property delivers seamless connectivity via immediate access to the I-80 and U.S. 65 interchange. This strategic positioning amplifies both local and regional accessibility, making the site well-suited for users seeking high-impact exposure along a major growth corridor. Future infrastructure enhancements add substantial value, including the City of Altoona’s planned 2026 reconstruction of Adventureland Drive, which will expand the roadway from two to five lanes to accommodate ongoing commercial momentum. This investment underscores the city’s commitment to supporting large-format development, improved traffic handling, and strengthened retail and hospitality performance.
The property is divided into multiple development-ready lots, ranging from 0.91 to 1.82 acres, offering flexibility for various project scales. C-2 zoning allows for an impressive range of potential uses, such as premium retail, fast-casual and drive-thru restaurants, medical clinics, corporate office campuses, or higher-end lodging concepts. With strong surrounding demographics, a high-density visitor base, and exceptional frontage along a major destination corridor, 1845 Adventureland Drive offers both immediate development potential and long-term strategic upside in a thriving entertainment-anchored submarket
Property Facts
| Price | $593,820 - $4,738,574 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | Commercial |
| No. Lots | 5 | Total Lot Size | 10.20 AC |
| Property Type | Land | ||
| Zoning | C-2 - Commercial | ||
| Price | $593,820 - $4,738,574 |
| Sale Type | Investment |
| No. Lots | 5 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Commercial |
| Total Lot Size | 10.20 AC |
| Zoning | C-2 - Commercial |
5 Lots Available
Lot 3
| Price | $1,187,835 | Lot Size | 1.82 AC |
| Price Per AC | $652,656.59 |
| Price | $1,187,835 |
| Price Per AC | $652,656.59 |
| Lot Size | 1.82 AC |
Located just ten minutes from downtown Des Moines, the property delivers seamless connectivity via immediate access to the I-80 and U.S. 65 interchange.
Lot 4
| Price | $873,600 | Lot Size | 1.34 AC |
| Price Per AC | $651,940.30 |
| Price | $873,600 |
| Price Per AC | $651,940.30 |
| Lot Size | 1.34 AC |
Located just ten minutes from downtown Des Moines, the property delivers seamless connectivity via immediate access to the I-80 and U.S. 65 interchange.
Lot 5
| Price | $1,082,240 | Lot Size | 1.31 AC |
| Price Per AC | $826,137.40 |
| Price | $1,082,240 |
| Price Per AC | $826,137.40 |
| Lot Size | 1.31 AC |
Located just ten minutes from downtown Des Moines, the property delivers seamless connectivity via immediate access to the I-80 and U.S. 65 interchange.
Lot 6
| Price | $1,001,079 | Lot Size | 1.35 AC |
| Price Per AC | $741,540.00 |
| Price | $1,001,079 |
| Price Per AC | $741,540.00 |
| Lot Size | 1.35 AC |
Located just ten minutes from downtown Des Moines, the property delivers seamless connectivity via immediate access to the I-80 and U.S. 65 interchange.
Lot 7
| Price | $593,820 | Lot Size | 0.91 AC |
| Price Per AC | $652,549.45 |
| Price | $593,820 |
| Price Per AC | $652,549.45 |
| Lot Size | 0.91 AC |
Located just ten minutes from downtown Des Moines, the property delivers seamless connectivity via immediate access to the I-80 and U.S. 65 interchange.
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Property Taxes
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $1,576,310 | Total Assessment | $1,576,310 |
Property Taxes
Parcel Numbers
Land Assessment
$1,576,310
Improvements Assessment
$0
Total Assessment
$1,576,310
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1845 Adventureland Dr
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