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    16.36 Acres Ottosen, IA 50570

    • Land
    • 16.36 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 16.36 Acres

    Lot size
    16.36 lot acres
    Property type
    Land

    Description

    This exceptional 16.36-acre commercial land parcel in Ottosen, Iowa, presents a unique investment opportunity. Located in Shelby County (zip code 50570), this industrially zoned property boasts city-owned incentives for prospective businesses, making it an attractive proposition for developers and entrepreneurs. The lot is characterized by a sloping terrain and offers convenient city/town road frontage. Utilities include electricity and gas, with additional utilities detailed in the remarks. Flood insurance is not required for this property. The parcel number is 832919000002. While the property features existing improvements, specifics are available upon request. The asking price is $200,000. Potential buyers should note that the property has restrictions and easements, details of which are also available in the remarks. This expansive acreage offers significant potential for various industrial uses, enhanced by the availability of city incentives. Its strategic location and readily available utilities make it an ideal site for a wide range of commercial ventures. Don't miss this chance to acquire a substantial industrial land parcel in a growing Iowa community.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Ottosen
    County
    Shelby
    State
    Iowa
    Longitude
    -94.3771
    Latitude
    42.8777

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      401 Bryan Ave

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    • Value Estimation by Request
      1.00 Acre

      Ottosen, IA 50570

      COMMERCIAL (GENERAL) • 1.00 Acre
      Ottosen, IA 50570
      View Details
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    16.36 Acres
    Ottosen, IA 50570
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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
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