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Two-Lot Commercial Land
For Sale
$199,000

602 & 608 Richmond Avenue, Ottumwa, IA 52501

Land, Ottumwa, IA

Property SizeContact for details
Lot Size0.20 Acres
Days on Market52

Property Features for 602 & 608 Richmond Avenue

General Information

Property type Commercial Sale
Property subtype Other
Subdivision RICHMOND ADD
Directions From the Wapello County Courthouse, head west on W. 4th Street, turn left onto S. Court Street, and continue south to Richmond Avenue. Turn onto Richmond Avenue and continue to 602 Richmond Avenue
Standard status Active
APN 007416930036000
Lot size 0.20 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description RICHMOND ADD LOT 34 BLK 4 (608 RICHMOND) RICHMOND ADD LOT 33 BLK 4 (602 RICHMOND)
Tax Annual Amount 718
Legal Description RICHMOND ADD LOT 34 BLK 4 (608 RICHMOND) RICHMOND ADD LOT 33 BLK 4 (602 RICHMOND)

Building Details

Architectural style Other
Listing Agency: Century 21 Signature Real Estate (M)
Listed By: Curt Hopkins
Added: Sep 9 Changed: Oct 8 Last Checked: Oct 30 at 1:06PM
MLS# 6342520

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 commercial land offering includes 2 lots totaling 0.2 acres. The parcels are being sold together as one offering and are identified at 602 & 608 Richmond Avenue in Ottumwa, Iowa.

The property is positioned for a variety of commercial uses, with parcel 00741693003530036000 included in the sale. Its two-lot configuration provides a consolidated land offering within the city.

Key Highlights

  • 2 lots sold together
  • 0.2 acres of commercial land
  • 602 & 608 Richmond Avenue, Ottumwa, IA 52501

Property Analytics

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Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Building Supply HVAC Service Spa & Massage Center

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

333
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
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Frequently Asked Questions

What type of property is this?
Commercial land - Two parcels are offered together for a range of commercial uses in Ottumwa.
Where is this commercial land located?
The property is located at 602 & 608 Richmond Avenue Ottumwa, IA.
What is the asking price?
The asking price for this property is $199,000.
What are key features of this property?
This property features: 2 lots sold together; 0.2 acres of commercial land; 602 & 608 Richmond Avenue, Ottumwa, IA 52501
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