Financial
Distress signals
Property profile

223 Madison Ave Ottumwa, IA 52501

OFF-MARKET
Retail space
Property ID
US25-1772382
14,844 SF 0.95 ac lot Built 1961
Last sale Aug 2025 · $50,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2022

What does the county charge?
$7k
Tax billed · 2022
Assessed value · 2023$299k
Assessed land$57k
Assessed improvement$242k
Effective rate2.50%

Value estimate

· Sep 2026
$155k
$140k – $171k
AI approach$215k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$32/SF
ZIP average, outlier-cleaned · 20 recorded sales of this use type
Observed band · Q1–Q3$11 – $54

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionWAPELLO

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency21.6
Law Firm14.7
Dental Office13.2

Location

223 Madison Ave Ottumwa, IA 52501-4312
County assessor Recorded deeds · 2 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 11 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2850 Ct, Ottumwa, IA 52501-1163 $588,000 Aug 2024 24,576 SF
1301 Madison, Ottumwa, IA 52501-5458 $275,000 Apr 2024 5,106 SF
801 Main, Ottumwa, IA 52501-3644 $100,000 Jan 2024 5,792 SF
209 Main, Ottumwa, IA 52501-2917 $120,000 Jun 2023 11,140 SF
105 Ct, Ottumwa, IA 52501-2538 $57,000 Nov 2022 6,244 SF
113 Wapello, Ottumwa, IA 52501-2343 $95,000 Sep 2022 6,480 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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