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Residential Home Lot Opportunity
For Sale
$85,000

306 Walnut Drive, Norwalk, IA 50211

LAND - Norwalk, IA

Property SizeContact for details
Lot Size0.25 Acres
Days on Market663

Property Features for 306 Walnut Drive

General Information

Property type Land
Property subtype Other
Zoning R
Elementary school district Norwalk
Middle school district Norwalk
High school district Norwalk
Directions From I-35 heading South, take the Cumming exit/G14. Go East towards Norwalk. Take a right on Orchard Hills Drive. Take a right on Orchard View Dr., left on Walnut Dr. to the development.
Subdivision Norwalk
Standard status Active
Lot size 0.25 Acres

Taxes and HOA fees

Tax Description Valley View Plat 2 Lot 8
Legal Description Valley View Plat 2 Lot 8

Utilities

Sewer type Public Sewer
Water source Public
Listing Agency: LPT Realty, LLC
Listed By: Julie Larson
Added: Nov 1, 2024 Changed: Jun 3 Last Checked: Aug 25 at 1:06AM
MLS# 707159

Copyright © 2026 Des Moines Area Association of REALTORS®, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This offering is a residential home lot in the Valley View community in Norwalk, Iowa. The property is listed as land, with lots ready to build on today, giving you the flexibility to bring your own builder and design the home to fit your plans.

The community is positioned for lifestyle and convenience, with exceptional schools noted nearby, along with a strong local job market and cultural attractions. Residents also have access to nearby parks, and downtown Des Moines is described as a short drive away.

For buyers looking to build rather than purchase an existing home, this lot presents a straightforward path to homeownership in a newer development. It may also appeal to investors who prefer land-based acquisitions and want to target future owner-occupant demand within a growing Norwalk community.

Key Highlights

  • Ready to build on today.
  • Exceptional schools.
  • Strong job market.

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Plumbing Service Building Supply Carpet & Flooring Store Kitchen & Bath Showroom Auto Repair Shop Restaurant

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

35
Businesses Nearby

Demographics for 50211, IA

15,158
Population
6,469
Households
2.3
Avg Household Size
37
Median Age
37%
College-Educated
98%
High-School Grad
58.6 sq mi
ZIP Area
259
Density / Sq Mi
$97,661
Median Household Income
$52,755
Median Earnings
$883
Median Rent
$293,800
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Residential land & home lot - Build-ready home lot in a new Norwalk community with convenient access to Des Moines amenities.
Where is this residential land & home lot located?
The property is located at 306 Walnut Drive Norwalk, IA.
What is the asking price?
The asking price for this property is $85,000.
What are key features of this property?
This property features: Ready to build on today.; Exceptional schools.; Strong job market.
More about this property
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