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Office Building

2942 Oak Meadow Drive, Ottumwa, IA 52501

For Sale
New
$280,000

Commercial Sale, Ottumwa, IA

Property SizeContact for details
Lot Size1.26 Acres
Days on Market2

Property Features for 2942 Oak Meadow Drive

General Information

Property type Commercial Sale
Property subtype Other
Directions .
Standard status Active
APN 007411220009030
Lot size 1.26 Acres

Taxes and HOA fees

Tax Year 2023
Tax Description O.A.D.C. INDUSTRIAL PARK - LOT 14 EX NW PT 160' X 250' EX E 1/2 LOT 14 (2942 OAK MEADOW)
Tax Annual Amount 8680
Legal Description O.A.D.C. INDUSTRIAL PARK - LOT 14 EX NW PT 160' X 250' EX E 1/2 LOT 14 (2942 OAK MEADOW)

Utilities

Heating system Forced Air

Building Details

Year built 1979
Number of units 1
Building materials Block
Architectural style Other
Listing Agency: RE/MAX Pride Ottumwa
Listed By: Anthony Gevock · License #S65998000
Added: Nov 5 Last Checked: Nov 6 at 7:06PM
MLS# 6344339

Copyright © 2026 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.

Rey
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Investment Insights

Based on property information with market context.

This 1979 office building sits on a 1.26-acre parcel in Ottumwa Industrial Park. Block construction and forced-air heating are among its documented physical features. The property has accommodated office and residential functions, and its earlier use was as a medical office. On-site parking is also available.

Key Highlights

  • 1.26‑acre parcel in Ottumwa Industrial Park
  • Built in 1979 with block construction
  • Forced‑air heating

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Office buildings

Suggested Use

Top Pick Restaurant Big Box & Wholesale Store Law Firm Auto Parts Store Building Supply Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

84
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025

Frequently Asked Questions

What type of property is this?
Office building - Located within Ottumwa Industrial Park, the property has a history of office and residential use.
Where is this office building located?
The property is located at 2942 Oak Meadow Drive Ottumwa, IA.
What is the asking price?
The asking price for this property is $280,000.
What are key features of this property?
This property features: 1.26‑acre parcel in Ottumwa Industrial Park; Built in 1979 with block construction; Forced‑air heating
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