Commercial Land with Highway
For Sale
$549,999
1021 Overman Ave, Ottumwa, IA 52501
Three parcels with multiple roadway access points and agricultural zoning, with commercial rezoning subject to applicable approvals.
Property SizeContact for details
Days on Market10
Property Features for 1021 Overman Ave
General Information
Standard status
Active
Property subtype
Land
Taxes and HOA fees
Annual Taxes
$3,762
Listing Agency:
Land Guys, LLC of Iowa
(217) 341-8526
Listed By:
Daniel Fane
(518) 588-4497
Source:
Exprealty
Added: Oct 21
Changed: Oct 26
Last Checked: Oct 28 at 12:13PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Land Guys, LLC of Iowa
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Investment Insights
Based on property information with market context.
This 25.68-acre commercial land offering comprises three parcels on the edge of Ottumwa. Existing improvements include a three-bedroom, two-bath home, a detached two-car garage, a Morton building, and a 60' x 106' storage building. The land is zoned agricultural; commercial rezoning would require applicable approvals. Potential commercial concepts identified for the property include retail, professional offices, hospitality, and service businesses.
The property fronts U.S. Highway 34, Wildwood Drive, Overman Avenue, and Sherwood Drive. Kohl's and Hobby Lobby are among the nearby retailers in the established commercial corridor. Multiple access points and the separate parcels provide flexibility for development planning.
The property fronts U.S. Highway 34, Wildwood Drive, Overman Avenue, and Sherwood Drive. Kohl's and Hobby Lobby are among the nearby retailers in the established commercial corridor. Multiple access points and the separate parcels provide flexibility for development planning.
Key Highlights
- 25.68 acres across three separate parcels
- Frontage on U.S. Highway 34, Wildwood Drive, Overman Avenue, and Sherwood Drive
- Agricultural zoning; commercial rezoning is subject to applicable approvals
Property Analytics
Who owns this building?
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
346
Businesses Nearby
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Business Placement
Demographics for 52501, IA
30,313
Population
13,654
Households
2.2
Avg Household Size
38
Median Age
20%
College-Educated
87%
High-School Grad
225.3 sq mi
ZIP Area
135
Density / Sq Mi
$59,091
Median Household Income
$40,173
Median Earnings
$955
Median Rent
$109,600
Median Home Value
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Market
Vacancy Rate% for Industrial in Midwest region
Frequently Asked Questions
What type of property is this?
Commercial land - Three parcels with multiple roadway access points and agricultural zoning, with commercial rezoning subject to applicable approvals.
Where is this commercial land located?
The property is located at 1021 Overman Ave Ottumwa, IA.
What is the asking price?
The asking price for this property is $549,999.
What are key features of this property?
This property features: 25.68 acres across three separate parcels; Frontage on U.S. Highway 34, Wildwood Drive, Overman Avenue, and Sherwood Drive; Agricultural zoning; commercial rezoning is subject to applicable approvals
