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    9418 151St Ave Ottumwa, IA 52501

    For Sale
    $367,500

    Mixed Use, Commercial Sale - Ottumwa, IA

    Lot size:
    7.19 Acres
    Days on Market:
    97
    Last Refresh:
    Dec 7 at 8:06 pm

    Property Features for 9418 151St Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    007072241620010
    Parking features
    Garage, Garage - Detached, RV
    Lot size
    7.19 Acres

    Utilities

    Heating system
    Forced Air
    Cooling system
    Central Air, Multi Units, Window Unit(s)

    Building Details

    Year built
    1977
    Number of units
    1
    Building materials
    Frame, Steel Siding
    Architectural style
    Other

    Bridge City Realty (641) 684-1234

    Listing agent Jim Clingman (641) 684-1234 License #***

    Listing date Sep 2, 2025

    MLS# 6331402 Listing URL

    Copyright © 2025 NoCoast MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Multi-Use Property with Commercial Potential

    Located just outside Ottumwa city limits, this multi-use property is set on over 7 acres. It includes a 3-bedroom, 2-bath A-frame style home and shop space with commercial potential. Two steel utility buildings, sized at 20x31x10 and 40x48x12, provide space for semi storage, a workshop, or business operations. A five-stall garage, built in 2004, adds room for vehicles, equipment, or business use. The property features two separate driveways, making it possible to lease out shop space while living in the A-frame home. The home has a flexible floor plan with an open kitchen, spacious great room, sunny four-season room, and extra space that can serve as offices or non-conforming bedrooms. An oversized deck is suited for relaxation. The property is sold as a package.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Live-work space

    Suggested Use

    Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop Pharmacy Wholesale Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Ottumwa
    County
    Wapello
    State
    Iowa
    Longitude
    -92.44926
    Latitude
    41.02229

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    FAQs

    What type of property is this?
    Live-work space - Rare live/work property with shop space and income potential.
    Where is this live-work space located?
    The property is located at 9418 151St Ave Ottumwa, IA.
    What is the asking price?
    The asking price for this property is $367,500.
    What are key features of this property?
    This property features: - Multi-use property with commercial potential on over 8 acres just outside city limits.; - Two large steel utility buildings (20x31x10 and 40x48x12) suitable for storage, workshop, or business.; - 3-bedroom, 2-bath A-frame home with flexible floor plan.
    (641) 684-1234
    Request Owner's contact information
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    Ottumwa, IA 52501
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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
    9418 151St Ave Ottumwa, IA 52501
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