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Financial
Distress signals
Property profile

2604 Ct St Ottumwa, IA 52501

OFF-MARKET
Retail space
Property ID
US25-2188324
4,352 SF 0.3 ac lot Built 1998
Last sale Apr 2022 · $350,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This commercial property is a low-maintenance brick building configured with two separate suites. It sits on a corner lot at the intersection of Highway 149 and North Court Street, in a high-visibility area near Hy-Vee Gas and restaurants. The site covers approximately 0.3 acres and includes about 20 parking spaces. One of the suites has a garage door, and the building has been equipped with a recently installed air conditioning unit. Tenants are responsible for utilities, while…

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 · 2022

What does the county charge?
$7k
Tax billed · 2022
Assessed value · 2023$303k
Assessed land$40k
Assessed improvement$263k
Effective rate2.26%

Value estimate

· Oct 2026
$315k
$284k – $347k
AI approach$305k

Realmo valuation models over county records and 4 qualifying comparable sales.

Recently sold

What actually traded nearby?
$32/SF
ZIP average, outlier-cleaned · 20 recorded sales of this use type
Observed band · Q1–Q3$11 – $54
Qualifying comparables4

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

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: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm13.5
Dental Office12.4
Realty agency12.1

Location

2604 Ct St Ottumwa, IA 52501-1272
County assessor Recorded deeds · 1 transfer 4 qualifying comp sales 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 · 12 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
313 Main, Ottumwa, IA 52501-3024 $170,000 Jul 2024 4,080 SF
1301 Madison, Ottumwa, IA 52501-5458 $275,000 Apr 2024 5,106 SF
801 Main, Ottumwa, IA 52501-3644 $100,000 Jan 2024 5,792 SF
317 Main, Ottumwa, IA 52501-3024 $147,500 Nov 2023 3,663 SF
2603 Roemer, Ottumwa, IA 52501-3572 $125,000 Jun 2023 4,600 SF
105 Ct, Ottumwa, IA 52501-2538 $57,000 Nov 2022 6,244 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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