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    431 Old State Rd Norwalk, OH 44857

    New
    For Sale
    $725,000

    Land - Norwalk, OH

    Type:Farm
    Days on Market:
    4
    Last Refresh:
    Dec 7 at 12:06 pm

    Property Features for 431 Old State Rd

    General Information

    Property type
    Land
    Property subtype
    Farm
    Standard status
    Active
    APN
    300010020040000

    Building Details

    Architectural style
    Other

    RE/MAX Quality Realty (419) 627-1996

    Listing agent Frank Van Dresser (419) 627-1996

    Listing date Dec 4, 2025

    MLS# 9069848 Listing URL

    Copyright © 2025 Mansfield Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    29 Acre Development Opportunity

    This 29-acre property presents a development or investment opportunity on the south side of Norwalk, Ohio. The location offers convenient access to amenities, including the Norwalk Reservoir with a Disc Golf Course, a hospital, downtown shops and restaurants, schools, parks, the Eagle Creek Golf Course, and major state routes. According to the Norwalk Zoning Department, annexation of the property into the city limits is a possibility, as the property is currently adjacent and contiguous to the City of Norwalk boundary. City utilities are located close to the North property line. The sale is subject to survey. The property is currently farmed and will be subject to 2025/26 crop rights. A 100ft building is negotiable. The home site is not included in the sale.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Stein Dairy Farm Dairy Farm

    Suggested Use

    Realty agency Law Firm Restaurant Dental Office Hair Salon Building Supply Gym & Fitness Pharmacy Auto Repair Shop Skin Care Clinic

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

    Location Insight

    • Map
    • Local Demand
    City
    Norwalk
    County
    Huron
    State
    Ohio
    Longitude
    -82.5907807
    Latitude
    41.2277336

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    FAQs

    What type of property is this?
    Land - 29 acres near Norwalk with development/investment potential.
    Where is this land located?
    The property is located at 431 Old State Rd Norwalk, OH.
    What is the asking price?
    The asking price for this property is $725,000.
    What are key features of this property?
    This property features: - 29 acre development/investment opportunity.; - Close proximity to Norwalk Reservoir, Hospital, Downtown Shops/Restaurants, Schools, Parks, Eagle Creek Golf Course, and Major State Routes.; - Possible annexation into the City of Norwalk.
    (419) 627-1996
    Request Owner's contact information
    431 Old State Rd Norwalk, OH 44857
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    Norwalk, OH 44857
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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
    431 Old State Rd Norwalk, OH 44857
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