1021 Overman Avenue Ottumwa, IA $ 549,999
1021 Overman Avenue
$ 549,999
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1021 Overman Avenue

Ottumwa, IA, 52501
$ 549,999
Bedrooms-- Baths0.0

Monthly Estimate*

$ 3,799

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Lots and Land for sale in Ottumwa, IA

for $549,999. The lot size is 25.68.

Prime 25.68-acre investment and commercial development opportunity along U.S. Highway 34 on the edge of Ottumwa in Wapello County, Iowa! Located in an established commercial corridor near major retailers including Kohl's and Hobby Lobby, this property offers excellent highway visibility, high traffic exposure, and frontage along four roadways: Highway 34, Wildwood Drive, Overman Avenue, and Sherwood Drive. With multiple potential access points and three separate parcels, the property provides flexibility for phased development or a larger coordinated project. Currently zoned agricultural, the acreage offers potential for commercial rezoning, subject to applicable approvals. Possible development opportunities include retail centers, professional offices, hospitality, service businesses, and other commercial uses. Existing improvements include a 3-bedroom, 2-bath home, detached 2-car garage, large Morton building, and a spacious 60' x 106' storage building. Whether you're seeking a strategic business location, commercial development site, or long-term land investment, this property offers substantial acreage, multiple road frontages, and proximity to established businesses in Ottumwa's Highway 34 corridor. Contact your agent to explore the possibilities!

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Lots and Land Active

Price

$ 549,999

Property Type

Lots and Land

Taxes

$ 3,762

Style

Lots & Land

Lot Size

25.68

Town/City

Ottumwa

County/Region

Wapello

MLS | Web ID

6343881

Features
General
Architectural Style Lots & Land
Tax Year 2025
County Wapello
Property Type Land
Contingency None
Status Active
Directions From Vaughn Automotive in Ottumwa head west on U.S. Highway 34. Continue toward the Kohl's and Hobby Lobby shopping area. Turn right onto Wildwood Drive near Kohl's then continue toward Overman Avenu
Lot Size Units Acres
Lot Size Square Feet 1118620.8
Tax Annual Amount 3762
Virtual Tour https://youtu.be/FKKm3apGWqs?si=E5SgUDPmgb1N8TBX
Living Area Units Square Feet
Standard Status Active
Legal Description PT AL 6 NW NW SEC 26 -72-14 EX PT SOLD IN BK 13L PG 54. ALSO SEE #07417540277000.
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Exterior
Lot Dimensions ***
Lot Size Acres 25.68
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* Excluded Features
List By
Daniel Fane

Listing Agent

Land Guys, Llc Of Iowa

Broker

dfane@landguys.com

Email

Affordability Calculator

$4,112
Per Month
92%
8%
0%
Monthly Principal & Interest
$3,799
Monthly Property Taxes
$314
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
2872932 Elementary School
2872966 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/21/2026$549,999 Listed Price

Map


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1021 Overman Avenue, Ottumwa, IA, 52501 is a Lots and Land for sale at $549,999 with a lot size of 25.68. 1021 Overman Avenue has 0.0 baths. The property's zip code is 52501 which is in Ottumwa, IA