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    Property profile & analytics

    1804 Albia Rd Ottumwa, IA 52501-3705

    • Bars
    • 1,297 SF
    • 0.24 lot acres
    OFF-MARKET
    Value Estimation
    $335,000
    Location Intelligence
    Property ID
    US25-2162191
    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

    • Bars

    Property Details for 1804 Albia Rd

    Year built
    1930
    Construction
    FRAME
    Lot size
    0.24 lot acres
    Property size
    1,297 SF
    Property type
    Bars
    Property subtype
    Pubs
    APN
    7417300272000
    APU
    7417300272000

    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
    -92.4487
    Latitude
    41.0089
    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
    $2,050
    $26,250
    $74,260
    $100,510
    -
    $26,250
    $74,260
    $100,510

    Comparable in this City

    • Value Estimation by Request
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      315 Main St

      BAR, TAVERN • 2,640 SF
      315 Main St, Ottumwa, IA 52501-3024
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      436 2nd St

      BAR, TAVERN • 2,214 SF
      436 2nd St, Ottumwa, IA 52501-2357
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      618 Church St

      BAR, TAVERN • 1,298 SF
      618 Church St, Ottumwa, IA 52501-4235
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    • Value Estimation
      $195,000
      2,352 SF

      837 Church St

      BAR, TAVERN • 2,352 SF
      837 Church St, Ottumwa, IA 52501-4221
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    • Value Estimation by Request
      9,240 SF

      107 Main St

      BAR, TAVERN • 9,240 SF
      107 Main St, Ottumwa, IA 52501-2915
      View Details

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      Land Overlooking Ottumwa

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    Similar Nearby for Lease

    • Contact for pricing
      6,943 SF

      Ottumwa Retail Center Opportunity

      High-Visibility Retail Space Available
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    • $122,388
      21,198 SF

      Downtown Ottumwa Office Space

      Affordable office space in downtown Ottumwa, Iowa for lease.
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      70,046 SF

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    1804 Albia Rd
    Ottumwa, IA 52501-3705
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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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