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    1021 Overman Ave Ottumwa, IA 52501

    For Sale
    $595,000

    Lots & Land, Land - Ottumwa, IA

    Lot size:
    25.68 Acres
    Days on Market:
    16
    Last Refresh:
    Dec 6 at 5:06 pm

    Property Features for 1021 Overman Ave

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    007427520008010
    Lot size
    25.68 Acres

    Building Details

    Architectural style
    Other

    Bridge City Realty (641) 684-1234

    Listing agent Jim Clingman (641) 684-1234 License #***

    Listing date Nov 21, 2025

    MLS# 6324406 Listing URL

    Copyright © 2025 NoCoast MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Ottumwa Development Land Opportunity

    This 25.68-acre parcel of development land is located in Ottumwa. The property is situated in a prime location with views. The land borders Highway 34 and Wildwood Drive, with access via Overman Avenue. There is a ranch-style home on the property, along with outbuildings including a 12 x 23 shed built in 1989 and a 60 x 80 steel warehouse. The buyer is responsible for obtaining zoning information and permits, and for applying for a permit to raze the dwelling or install a new septic system at their own expense. This property presents an opportunity for development.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness Daycare Center Accounting Firm

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Ottumwa
    County
    Wapello
    State
    Iowa
    Longitude
    -92.444738
    Latitude
    41.015413

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    FAQs

    What type of property is this?
    Land - 25.68 acres of development land with highway frontage.
    Where is this land located?
    The property is located at 1021 Overman Ave Ottumwa, IA.
    What is the asking price?
    The asking price for this property is $595,000.
    What are key features of this property?
    This property features: - 25.68 ac m/l of development land in a prime Ottumwa location.; - Incredible opportunity for development/investment.; - Situated up high with great views.
    (641) 684-1234
    Request Owner's contact information
    1021 Overman Ave Ottumwa, IA 52501
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    Ottumwa, IA 52501
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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
    1021 Overman Ave Ottumwa, IA 52501
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