Property Description
25.68 Acres with Commercial Development Potential Along Highway 34 | Wapello County, Iowa
Located along the highly traveled U.S. Highway 34 corridor on the edge of Ottumwa in Wapello County, Iowa, this 25.68-acre property offers an outstanding opportunity for commercial development, business expansion, or long-term investment. With excellent highway visibility, multiple road frontages, and proximity to established national retailers, this property is positioned for a wide range of future possibilities.
Situated near major retailers including Kohl's and Hobby Lobby, the property features frontage along U.S. Highway 34, Wildwood Drive, Overman Avenue, and Sherwood Drive. Multiple potential access points and strong exposure to passing traffic make this an attractive location for retail centers, professional offices, hospitality, service businesses, or larger commercial projects. Currently zoned agricultural, the property offers potential for commercial rezoning, subject to applicable zoning requirements and approvals.
Consisting of three separate parcels totaling 25.68 acres, this property provides flexibility for phased development or a larger coordinated project. Existing improvements include a three-bedroom, two-bath home, detached two-car garage, large Morton building, and a spacious 60' x 106' storage building. These structures offer additional utility while buyers evaluate future development opportunities.
With direct Highway 34 exposure, frontage along four roadways, and a location near Ottumwa's established commercial corridor, this property presents a strategic opportunity for investors and developers. Whether you're planning a new business location, exploring commercial development, or securing acreage for future investment, this property offers the location, visibility, and flexibility to support your vision.
Property details
- Acreage: 25.68 acres
- County: Wapello County, Iowa
- Nearest town: Ottumwa, IA
- Location: Along U.S. Highway 34 on the edge of Ottumwa
- Parcels: Three separate parcels
- Current zoning: Agricultural
- Development potential: Commercial rezoning subject to approvals
- Road frontage: U.S. Highway 34, Wildwood Drive, Overman Avenue, and Sherwood Drive
- Existing home: 3 bedrooms, 2 bathrooms
- Garage: Detached two-car garage
- Outbuildings: Large Morton building and 60' x 106' storage building
Key features
- 25.68 acres with commercial development and investment potential
- Prime location along the highly traveled U.S. Highway 34 corridor
- Excellent highway visibility and exposure to passing traffic
- Frontage along four roadways with multiple potential access points
- Located near established retailers including Kohl's and Hobby Lobby
- Three separate parcels offering flexible development opportunities
- Potential for commercial rezoning, subject to applicable approvals
- Suitable for retail, office, hospitality, or service business development
- Opportunity for phased development or a larger commercial project
- Existing three-bedroom, two-bath home
- Detached two-car garage and large Morton building
- Spacious 60' x 106' storage building
- Strategic location on the edge of Ottumwa's established commercial corridor
- Opportunity for long-term investment and future growth
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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 real estate signs.
