Financial
Distress signals
Property profile

2603 Roemer Ave Ottumwa, IA 52501

FOR SALE
Retail space
Property ID
US25-1621579
4,600 SF 1.55 ac lot Built 1983
Last sale Jun 2023 · $125,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

An insulated metal retail building configured for a firearms and ammunition business, including an indoor shooting range with multiple yard lanes and dedicated ventilation designed to remove gun smoke, supported by a range-specific mechanical and ventilation setup. The interior includes a retail showroom area with display cabinets and shelves, an office, and a half bath. Building systems include a wood furnace and a forced-air gas furnace, along with two central air units, and there is a

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?
$4k
Tax billed · 2022
Assessed value · 2023$202k
Assessed land$46k
Assessed improvement$157k
Effective rate2.20%

Value estimate

· Sep 2026
$110k
$99k – $121k
AI approach$95k

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: Auto Parts Store
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Auto Parts Store10.7
Wholesale Shop10.5
Auto Repair Shop10.3

Location

2603 Roemer Ave Ottumwa, IA 52501
County assessor Recorded deeds · 4 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
313 Main, Ottumwa, IA 52501-3024 $170,000 Jul 2024 4,080 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
317 Main, Ottumwa, IA 52501-3024 $147,500 Nov 2023 3,663 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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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