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Financial
Distress signals
Property profile

201 S Iowa Ave Ottumwa, IA 52501

FOR SALE
Industrial properties
Property ID
US25-1529968
14,338 SF 1.25 ac lot Built 1935
Entity Owned Owner of record is a legal entity (LLC / corporation). 9-yr Hold Held for 9 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional 4.23-acre commercial property at 201 S Iowa Avenue, Ottumwa, IA, presents a rare investment opportunity. Located on the corner of E Main and Iowa Avenue, this site boasts a long and established history as Frase Lumber and formerly Carroll Lumber Co. The entire facility is being offered as a single package, providing a unique chance for business expansion or new construction. The property includes a substantial amount of existing buildings, offering versatile options for a…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$13k
Tax billed · 2023
Assessed value · 2024$318k
Assessed land$45k
Assessed improvement$273k
Effective rate4.00%

Value estimate

· Oct 2026
$370k
$333k – $407k
AI approach$370k
NOI build-up
Gross scheduled income$489k
Vacancy & credit loss−$49k
Operating expenses−$154k
NOI · 51.96% cap applied$286k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?
51.96%
$286k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

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: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency19.7
Dental Office14.4
Building Supply13.3

Location

201 S Iowa Ave Ottumwa, IA 52501
County assessor Recorded deeds · 1 transfer 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 · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
6996 Madison, Ottumwa, IA 52501-8590 $400,000 Sep 2024 5,400 SF
15006 Terminal, Ottumwa, IA 52501 $200,000 Sep 2024 21,506 SF
219 Fox Sauk, Ottumwa, IA 52501-1186 $475,000 Feb 2024 11,595 SF
224 Fox Sauk, Ottumwa, IA 52501-1185 $140,000 Jan 2023 5,005 SF
15075 Al Jon, Ottumwa, IA 52501-9201 $10,090,000 Feb 2022 24,000 SF
14007 Commissary, Ottumwa, IA 52501-1142 $248,000 Apr 2021 12,037 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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