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    Property profile & analytics

    1402 Albia Rd Ottumwa, IA 52501-3902

    • Retail space
    • 1,200 SF
    • 0.09 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US25-1975679
    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

    • Retail space

    Property Details for 1402 Albia Rd

    Year built
    1964
    Construction
    FRAME
    Lot size
    0.09 lot acres
    Property size
    1,200 SF
    Property type
    Retail space
    APN
    7417540258000
    APU
    7417540258000

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Ottumwa
    County
    Wapello
    State
    Iowa
    Longitude
    -92.441
    Latitude
    41.009
    CBSA code
    36900
    CBSA name
    OTTUMWA, IA MICROPOLITAN STATISTICAL AREA

    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
    2022
    $1,032
    $9,740
    $34,650
    $44,390
    -
    $9,740
    $34,650
    $44,390

    Comparable in this City

    • Value Estimation by Request
      1,493 SF

      901 2nd St

      RETAIL STORES (PERSONAL SERVICES) • 1,493 SF
      901 2nd St, Ottumwa, IA 52501-2232
      View Details
    • Value Estimation by Request
      2,200 SF

      4001 Bladensburg Rd

      RETAIL STORES (PERSONAL SERVICES) • 2,200 SF
      4001 Bladensburg Rd, Ottumwa, IA 52501-9018
      View Details
    • Value Estimation by Request
      2,300 SF

      160 Iowa Ave

      RETAIL STORES (PERSONAL SERVICES) • 2,300 SF
      160 Iowa Ave, Ottumwa, IA 52501-3337
      View Details
    • Value Estimation by Request
      1,900 SF

      625 Main St

      RETAIL STORES (PERSONAL SERVICES) • 1,900 SF
      625 Main St, Ottumwa, IA 52501
      View Details
    • Value Estimation by Request
      5,280 SF

      131 Main St

      RETAIL STORES (PERSONAL SERVICES) • 5,280 SF
      131 Main St, Ottumwa, IA 52501-2915
      View Details
    • Value Estimation by Request
      5,299 SF

      307 Main St

      RETAIL STORES (PERSONAL SERVICES) • 5,299 SF
      307 Main St, Ottumwa, IA 52501-3024
      View Details

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      Retail Investment Opportunity in Ottumwa

      Retail property with two rented suites in high-visibility location.
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      Prime Ottumwa Commercial Property

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    Similar Nearby for Lease

    • Contact for pricing
      6,943 SF

      Ottumwa Retail Center Opportunity

      High-Visibility Retail Space Available
      819 Albia Rd, Ottumwa, IA 52501
      View Details
    • $14 SF/Yr
      70,046 SF

      Ottumwa Medical Office Space

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      Downtown Ottumwa Office Space

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    1402 Albia Rd
    Ottumwa, IA 52501-3902
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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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