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    1945 Venture Dr Ottumwa, IA

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    For Lease
    Contact for pricing

    Retail space with drive-thru, near major retailers in Ottumwa.

    Property size:
    2,290 SF
    Lot size:
    1.20 Acres

    Property Features for 1945 Venture Dr

    General Information

    Size
    2,290 SF
    Lot size
    1.20 Acres

    Source: JLL Agent Nicholas Anderson

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Ottumwa Retail Space with Drive-Thru

    This 2,290 square foot retail space in Ottumwa, Iowa, offers excellent visibility from Highway 34 and features a functional drive-thru setup with ample parking. The property is positioned adjacent to Walmart, Menards, and T-Mobile, along with other national retail brands. A tenant improvement allowance is available. This location presents an opportunity for a restaurant to capitalize on the drive-thru and the area’s strong daily traffic.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Drive through restaurants

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Ottumwa
    County
    Wapello
    State
    Iowa
    Longitude
    -92.4083022
    Latitude
    41.0160293

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    FAQs

    What type of property is this?
    Drive through restaurant - Retail space with drive-thru, near major retailers in Ottumwa.
    Where is this drive through restaurant located?
    The property is located at 1945 Venture Dr Ottumwa, IA.
    What are key features of this property?
    This property features: - Excellent visibility from Highway 34; - Functional drive-thru setup; - Ample parking available
    (515) 218-7010
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    Ottumwa, IA
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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
    1945 Venture Dr Ottumwa, IA
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