Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    508 Fry St Ottumwa, IA 52501-4107

    • Flex space
    • 988 SF
    • 0.11 lot acres
    OFF-MARKET
    Value Estimation
    $90,000
    Last Sale
    Dec 21, 2021
    $70,000
    Location Intelligence
    Property ID
    US25-1575824
    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

    • Flex space

    Property Details for 508 Fry St

    Year built
    1985
    Construction
    FRAME
    Lot size
    0.11 lot acres
    Property size
    988 SF
    Property type
    Flex space
    APN
    7416790006000
    APU
    7416790006000

    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
    -92.4327
    Latitude
    41.0067
    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
    2023
    $2,842
    $7,430
    $63,640
    $71,070
    -
    $7,430
    $63,640
    $71,070

    Comparable in this City

    • Value Estimation by Request
      1,408 SF

      937 Hayne St

      LIGHT INDUSTRIAL • 1,408 SF
      937 Hayne St, Ottumwa, IA 52501-3616
      View Details
    • Value Estimation
      $125,000
      2,160 SF

      1101 Madison Ave, Unit A

      LIGHT INDUSTRIAL • 2,160 SF
      1101 Madison Ave, Ottumwa, IA 52501-5441
      View Details
    • Value Estimation
      $210,000
      7,200 SF

      529 Iowa Ave

      LIGHT INDUSTRIAL • 7,200 SF
      529 Iowa Ave, Ottumwa, IA 52501-3643
      View Details
    • Value Estimation
      $185,000
      2,160 SF

      909 Madison Ave

      LIGHT INDUSTRIAL • 2,160 SF
      909 Madison Ave, Ottumwa, IA 52501-5412
      View Details
    • Value Estimation
      $375,000
      1,680 SF

      202 Benton St

      LIGHT INDUSTRIAL • 1,680 SF
      202 Benton St, Ottumwa, IA 52501-2203
      View Details
    • Value Estimation
      $500,000
      17,700 SF

      12188 Riv Rd

      LIGHT INDUSTRIAL • 17,700 SF
      12188 Riv Rd, Ottumwa, IA 52501
      View Details

    Similar Nearby for Sale

    • $367,500
      7.19 Acres

      Multi-Use Property with Commercial Potential

      Rare live/work property with shop space and income potential.
      9418 151St Ave, Ottumwa, IA 52501
      View Details
    • $155,000
      7,580 SF

      Ottumwa Warehouse on Two Acres

      7,580 SF warehouse on 2 acres near Des Moines River.
      401 S Forrest Ave, Ottumwa, IA 52501
      View Details
    • $120,000
      0.15 Acres

      Downtown Ottumwa Commercial Space

      Prime Location, High Potential, 3 Stations
      203 2Nd St, Ottumwa, IA 52501
      View Details
    • $345,000
      0.06 Acres

      Mixed-Use Building in Ottumwa, Iowa

      Mixed-use building with bar, apartments, and office space for sale.
      116 N Market St, Ottumwa, IA 52501
      View Details
    • $168,500
      2,667 SF

      Commercial Building in Church District

      Income-producing commercial building in Ottumwa's Church Street business district.
      501 N Sheridan Ave, Ottumwa, IA 52501
      View Details
    • $75,000
      Pending

      Downtown Ottumwa Commercial Opportunity

      Commercial land for sale in downtown Ottumwa, Iowa.
      227 E Main St, Ottumwa, IA 52501
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      6,943 SF

      Ottumwa Retail Center Opportunity

      High-Visibility Retail Space Available
      819 Albia Rd, Ottumwa, IA 52501
      View Details
    • $14 SF/Yr
      70,046 SF

      Ottumwa Medical Office Space

      Modern medical office suites available.
      1005 Pennsylvania Ave, Ottumwa, IA 52501
      View Details
    • $122,388
      21,198 SF

      Downtown Ottumwa Office Space

      Affordable office space in downtown Ottumwa, Iowa for lease.
      127 E Main St, Ottumwa, IA 52501
      View Details

    Property Visit Statistics

    • Visits by month
      26.7k
    • Visitors by month
      12.9k
    • Avg Time on site
      6 min
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    508 Fry St
    Ottumwa, IA 52501-4107
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.