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    Property profile & analytics

    235 Madison Ave Ottumwa, IA 52501-4312

    • Gas stations
    • 2,195 SF
    • 0.14 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US25-1777734
    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

    • Gas stations

    Property Details for 235 Madison Ave

    Year built
    1955
    Construction
    FRAME
    Lot size
    0.14 lot acres
    Property size
    2,195 SF
    Property type
    Gas stations
    APN
    7416330294000
    APU
    7416330294000

    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
    -92.4145
    Latitude
    41.0046
    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
    $1,428
    $9,230
    $62,870
    $72,100
    -
    $9,230
    $62,870
    $72,100

    Comparable in this City

    • Value Estimation by Request
      1,316 SF

      904 Madison Ave

      SERVICE STATION (FULL SERVICE) • 1,316 SF
      904 Madison Ave, Ottumwa, IA 52501-5411
      View Details
    • Value Estimation by Request
      3,456 SF

      435 Milner St

      SERVICE STATION (FULL SERVICE) • 3,456 SF
      435 Milner St, Ottumwa, IA 52501-5017
      View Details
    • Value Estimation by Request
      2,016 SF

      817 Madison Ave

      SERVICE STATION (FULL SERVICE) • 2,016 SF
      817 Madison Ave, Ottumwa, IA 52501-5229
      View Details
    • Value Estimation by Request
      976 SF

      502 Church St

      SERVICE STATION (FULL SERVICE) • 976 SF
      502 Church St, Ottumwa, IA 52501-4215
      View Details
    • Value Estimation
      $365,000
      1,792 SF

      302 Richmond Ave

      SERVICE STATION (FULL SERVICE) • 1,792 SF
      302 Richmond Ave, Ottumwa, IA 52501-4118
      View Details
    • Value Estimation
      $350,000
      1,232 SF

      301 Madison Ave

      SERVICE STATION (FULL SERVICE) • 1,232 SF
      301 Madison Ave, Ottumwa, IA 52501-4314
      View Details

    Similar Nearby for Sale

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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

      Versatile 3+ Acre Commercial Space
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      Residential Land in Ottumwa, Iowa

      Land available for building or manufactured home in Ottumwa.
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    Similar Nearby for Lease

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      Ottumwa Retail Center Opportunity

      High-Visibility Retail Space Available
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      Ottumwa Medical Office Space

      Modern medical office suites available.
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      Downtown Ottumwa Office Space

      Affordable office space in downtown Ottumwa, Iowa for lease.
      127 E Main St, Ottumwa, IA 52501
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    Property Visit Statistics

    • Visits by month
      2.0k
    • Visitors by month
      1.1k
    • Avg Time on site
      24 min
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    235 Madison Ave
    Ottumwa, IA 52501-4312
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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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