1021 Overman Avenue, Ottumwa, Iowa

Description

Prime 25.68-acre investment and commercial development opportunity along U.S. Highway 34 on the edge of Ottumwa in Wapello County, Iowa! Located in an established commercial corridor near major retailers including Kohl's and Hobby Lobby, this property offers excellent highway visibility, high traffic exposure, and frontage along four roadways: Highway 34, Wildwood Drive, Overman Avenue, and Sherwood Drive. With multiple potential access points and three separate parcels, the property provides flexibility for phased development or a larger coordinated project. Currently zoned agricultural, the acreage offers potential for commercial rezoning, subject to applicable approvals. Possible development opportunities include retail centers, professional offices, hospitality, service businesses, and other commercial uses. Existing improvements include a 3-bedroom, 2-bath home, detached 2-car garage, large Morton building, and a spacious 60' x 106' storage building. Whether you're seeking a strategic business location, commercial development site, or long-term land investment, this property offers substantial acreage, multiple road frontages, and proximity to established businesses in Ottumwa's Highway 34 corridor. Contact your agent to explore the possibilities!

Directions: From Vaughn Automotive in Ottumwa, head west on U.S. Highway 34. Continue toward the Kohl's and Hobby Lobby shopping area. Turn right onto Wildwood Drive near Kohl's, then continue toward Overman Avenue. Property is located along Overman Avenue with additional frontage on Highway 34. Look for Sign.