Property profile

123 3rd St Ottumwa, IA 52501

OFF-MARKET
Banks
Property ID
US25-1463202
26,207 SF 0.6 ac lot Built 1956
Individually Owned Free & Clear
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Property summary

AI-generated overview

This property is a former bank building totaling 26,207 square feet, originally constructed in 1956 and expanded in 1979. It sits on a 0.60-acre lot and includes a surface parking lot. The building has been renovated and is configured as Class A office space, and it is zoned for commercial use.

Property profile

Verified
Property type Banks
Use group FINANCIAL BUILDING
Year built 1956
Construction LOG
Total area 26,207 SF
Lot 0.6 ac (26,136 SF)
APN 7411240198000
UPID US25-1463202

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

123 3rd St Ottumwa, IA 52501-2937
Ottumwa metro Census 960600 OTTUMWA, IA MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$510k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$510k

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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