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    Property profile & analytics

    101 Plaza Ln Osage, IA 50461

    • Strip malls
    • 33,394 SF
    • 3.13 lot acres
    For Sale
    View listing
    $775,000
    Value Estimation
    Location Intelligence
    Property ID
    US25-1650974
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Dungey's Furniture & Gifts Inc / Furniture Store

    Property Details for 101 Plaza Ln

    Year built
    1968
    Lot size
    3.13 lot acres
    Property size
    33,394 SF
    Property type
    Strip malls
    Property subtype
    Neighborhood centers
    APN
    1024476019
    APU
    1024476019

    Description

    This exceptional 53,760 square foot commercial property in Osage, Iowa, presents a unique investment opportunity. Strategically located on the highly visible corner of US Hwy. 218 and IA Hwy. 9, and Osage's Main Street, this site boasts the highest traffic count in the city. Its prime location at the east entrance to Osage, on the desirable north side of the highway with southern exposure, ensures maximum visibility and accessibility. The property features dual entrances for convenient access and is further enhanced by a public street providing access to the rear. The versatile 4.5-acre parcel offers multiple development possibilities, including commercial, office, warehousing, light manufacturing, or a complete redevelopment. The existing structure includes a dock door, drive-in service doors, ample additional parking, and a separate warehouse area, providing immediate functionality. All public utilities are readily available, making this property ready for immediate occupancy, renovation, or new construction. This is an unparalleled opportunity to acquire a high-traffic, multi-use commercial property in a thriving Iowa community. The asking price is $995,000.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $735,000

    • CAP approach

      CAP return
      Estimation
      6%
      $940,000
      6.5%
      $970,000
      7%
      $875,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $860,000
      Geo Method
      $845,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $915,000
      Retail
      $895,000
      Mixed-Use
      $1,030,000
      Hospitality
      $785,000
      Educational
      $755,000
      Residential Income
      $975,000
      Energy
      $815,000
      Income-Based Land
      $910,000
      Food Service
      $795,000

    Location Insight

    • Map
    • Local Demand
    City
    Osage
    County
    Mitchell
    State
    Iowa
    Longitude
    -92.7943
    Latitude
    43.285

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $22,544
    $78,860
    $714,460
    $793,320
    -
    $78,860
    $714,460
    $793,320

    Comparable in this City

    • Value Estimation by Request
      3,056 SF

      610 Main St

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    • Value Estimation by Request
      1,280 SF

      528 Main St

      RETAIL STORES (PERSONAL SERVICES) • 1,280 SF
      528 Main St, Osage, IA 50461-1217
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      532 Main St

      RETAIL STORES (PERSONAL SERVICES) • 11,616 SF
      532 Main St, Osage, IA 50461-1217
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    • Value Estimation by Request
      1,790 SF

      2961 360th St

      BAR, TAVERN • 1,790 SF
      2961 360th St, Osage, IA 50461-8517
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    • Value Estimation by Request
      7,632 SF

      200 7th St

      RETAIL STORES (PERSONAL SERVICES) • 7,632 SF
      200 7th St, Osage, IA 50461-1348
      View Details
    • Value Estimation by Request
      30,414 SF

      314 7th St

      RETAIL STORES (PERSONAL SERVICES) • 30,414 SF
      314 7th St, Osage, IA 50461-1323
      View Details

    Similar Nearby for Sale

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    101 Plaza Ln
    Osage, IA 50461
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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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