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    316 Walnut Dr Norwalk, IA 50211

    For Sale
    $85,000

    LAND - Norwalk, IA

    Lot size:
    0.25 Acres
    Days on Market:
    45
    Last Refresh:
    Dec 14 at 9:06 am

    Property Features for 316 Walnut Dr

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    R
    Lot size
    0.25 Acres

    Utilities

    Sewer type
    Public Sewer
    Water source
    Public

    LPT Realty, LLC (515) 669-4010 [email protected]

    Listing agent Julie Larson (877) 366-2213

    Listing date Oct 31, 2025

    MLS# 707160 Listing URL

    Copyright © 2025 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.

    Overview

    Residential Land in Norwalk, Iowa

    This residential land is located in the Valley View community of Norwalk, Iowa. The lot is approximately 0.25 acres and is zoned R. The property is ready for construction. The location offers access to schools, a job market, cultural attractions, and nearby parks. Downtown Des Moines is a short drive away.
    Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Restaurant Gym & Fitness Building Supply Hotel & Motel Wholesale Shop Kitchen & Bath Auto Repair Shop Carpet & Flooring Store Mobile Phone Store Plumbing Service

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

    Location Insight

    • Map
    • Local Demand
    City
    Norwalk
    County
    Warren
    State
    Iowa
    Longitude
    -93.69776
    Latitude
    41.46833

    Nearby Similar for Sale

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    • $299,000
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      Norwalk Commercial Building on 1 Acre

      6,000 sq ft commercial building on 1 acre lot.
      9120 SW 9Th St, Norwalk, IA 50211
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    FAQs

    What type of property is this?
    Residential land & home lot - Residential land for sale in Norwalk, ready for new construction.
    Where is this residential land & home lot located?
    The property is located at 316 Walnut Dr 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.
    (877) 366-2213
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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
    316 Walnut Dr Norwalk, IA 50211
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