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    819 Albia Rd Ottumwa, IA 52501

    For Lease
    Contact for pricing

    High-Visibility Retail Space Available

    Lot size:
    6,943 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    360
    This exceptional retail property at 819 Albia Rd, Ottumwa, IA, offers a prime leasing opportunity. The 6,943 square foot strip center sits on a 1.78-acre lot (77,456 sq ft) and boasts a modern design with an expansive storefront ensuring high visibility and ample parking (42 spaces) for customer convenience. Currently, 7,000 square feet is available, divisible into spaces ranging from 1,450 to a maximum contiguous 5,550 square feet, making it ideal for a variety of retail or commercial uses. The adaptable layout allows for efficient floor planning and product displays, catering to businesses seeking a prominent and flexible space to engage their target audience. Its strategic location in Wapello County promises high foot traffic and enhanced brand exposure. The property's modern amenities and professional exterior create a dynamic and inviting environment for customers. This is a rare opportunity to secure a well-located, versatile retail space in a thriving market. The property's size and layout offer significant potential for growth and success. Don't miss this chance to establish your business in a highly visible and convenient location.

    Property Features for 819 Albia Rd

    General Information

    Property type
    Neighborhood centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    6,943 SF

    Unit(s) available at that property

    Space
    Suite B
    Size
    5,493 SF

    HighLights

    • 6,943 SF retail strip center in Wapello County.
    • 1,450 SF - 5,550 SF available for lease.
    • 7,000 SF vacant.
    • 1.78 acres, 77,456 SF lot.
    • 42 parking spaces.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Neighborhood centers

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Ottumwa
    County
    Wapello
    State
    Iowa
    Longitude
    -92.4331863
    Latitude
    41.0088881

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    Nearby Similar for Lease

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    FAQs

    What type of property is this?
    Neighborhood center - High-Visibility Retail Space Available
    Where is this neighborhood center located?
    The property is located at 819 Albia Rd Ottumwa, IA.
    What are key features of this property?
    This property features: 6,943 SF retail strip center in Wapello County.; 1,450 SF - 5,550 SF available for lease.; 7,000 SF vacant.
    Request Owner's contact information
    819 Albia Rd Ottumwa, IA 52501
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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
    819 Albia Rd Ottumwa, IA 52501
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