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    4261 Highway 63, Unit US Ottumwa, IA 52501

    For Sale
    $499,000

    54-acre property with timber, meadows, and a ready-to-finish home.

    Property size:
    1,032 SF
    Lot size:
    54.39 Acres

    Property Features for 4261 Highway 63

    General Information

    Size
    1,032 SF
    Lot size
    54.39 Acres

    Building Details

    Year built
    1960

    Source: Keller Williams Realty Legacy Group Agent Holly Kincel

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Secluded Acreage with Cozy Home

    This 54± acre property features a mix of timber, rolling ground, and open meadows. Trails wind through the land, which is populated by deer and turkey. The property includes a cozy home featuring 1 bedroom, 1.5 baths, an open floor plan, and a fireplace. The home is ready for finishing touches. A 2-car garage and extra storage space are also present. The property is located off a hard-surface road on a private lane, minutes from town.
    Location Intelligence

    Current Use by Public Records

    Land

    Suggested Use

    Restaurant Food Market Grocery Store Discount Store Convenience Store Supermarket

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

    Location Insight

    • Map
    • Local Demand
    City
    Ottumwa
    County
    Wapello
    State
    Iowa
    Longitude
    -92.407213
    Latitude
    40.946107

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    FAQs

    What type of property is this?
    Land - 54-acre property with timber, meadows, and a ready-to-finish home.
    Where is this land located?
    The property is located at 4261 Highway 63, Unit US Ottumwa, IA.
    What is the asking price?
    The asking price for this property is $499,000.
    What are key features of this property?
    This property features: - 54± acre property offering a mix of timber, rolling ground, and open meadows.; - Ideal for hunting and exploring, with deer and turkey frequently seen on the property.; - Cozy home featuring 1 bedroom, 1.5 baths, an open floor plan, and a fireplace.
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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
    4261 Highway 63, Unit US Ottumwa, IA 52501
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