Property profile

223 Madison Ave Ottumwa, IA 52501

OFF-MARKET
Retail space
Property ID
US25-1772382
14,844 SF 0.95 ac lot Built 1961
Entity Owned 1-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1961
Construction LOG
Total area 14,844 SF
Lot 0.95 ac (41,294 SF)
APN 7416330293000
UPID US25-1772382

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Car Dealership
  • Auto Parts Store

Location

223 Madison Ave Ottumwa, IA 52501-4312
Ottumwa metro Census 960900 OTTUMWA, IA MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$215k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$155k

Owner & transaction history

since 2025
Last sale
$50,000
2 recorded transactions
2025
$50,000
2023
$180,000

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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