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    North Ave & 28 Hwy Norwalk, IA 50211

    For Sale
    $825,000

    LAND - Norwalk, IA

    Lot size:
    3.99 Acres
    Days on Market:
    122
    Last Refresh:
    Dec 14 at 3:06 pm

    Property Features for North Ave & 28 Hwy

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    RES
    APN
    63-400-130-264
    Lot size
    3.99 Acres

    Utilities

    Sewer type
    Public Sewer
    Water source
    Public

    Madison County Realty (515) 462-3120 [email protected]

    Listing agent Larry Corkrean (515) 462-3120

    Listing date Aug 15, 2025

    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

    Norwalk, Iowa Development Opportunity

    This property offers a development opportunity on 3.99 acres in Norwalk, Iowa. Zoned as RES, the land is located at the intersection of North Ave and 28 Highway in Norwalk, within Warren County.
    Property Profile Location Intelligence

    Current Use by Public Records

    Land

    Map

    City
    Norwalk
    County
    Warren
    State
    Iowa
    Longitude
    -93.68253
    Latitude
    41.47537

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    FAQs

    What type of property is this?
    Land - 3.99 acres of land available for development in Norwalk.
    Where is this land located?
    The property is located at North Ave & 28 Hwy Norwalk, IA.
    What is the asking price?
    The asking price for this property is $825,000.
    What are key features of this property?
    This property features: - 3.99 acre development opportunity.; - Located in Norwalk.; - Public water source available.
    (515) 462-3120
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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
    North Ave & 28 Hwy Norwalk, IA 50211
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