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29 Acres Development Opportunity
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431 Old State Rd S, Norwalk, OH 44857

29 acre development/investment opportunity in Norwalk, Ohio.

Property SizeContact for details
Lot Size29.00 Acres
Days on Market949

Property Features for 431 Old State Rd S

General Information

Standard status Active
Lot size 29.00 Acres
Property subtype Land
Listing Agency: RE/MAX Quality Realty Norwalk
Listed By: Frank Van Dresser · License #OH 2001016429
Source: Crexi
Added: Jan 24, 2024 Changed: Aug 8 Last Checked: Aug 29 at 5:36PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX Quality Realty Norwalk

Investment Insights

Based on property information with market context.

This 29-acre development and investment opportunity is located on the south side of Norwalk, Ohio. The property is in close proximity to the Norwalk Reservoir with Disc Golf Course, hospital, downtown shops and restaurants, schools, parks, Eagle Creek Golf Course, and major state routes, providing convenient access to desired amenities. Annexation of the property to the city limits is a possibility according to the Norwalk Zoning Department, as the property is currently adjacent and contiguous to the City of Norwalk boundary. City utilities are close to the North property line. The home site is not included in the sale, but a 100ft building is negotiable. The property is currently farmed and will be subject to 2025 crop rights. Potential city utilities are available. The property is subject to survey and split, and taxes will be determined after the split. The farmer has rights to crops.

Key Highlights

  • 29 acre development/investment opportunity.
  • Close proximity to Norwalk Reservoir, Downtown Shops/Restaurants, Schools, Parks, and Eagle Creek Golf Course.
  • Potential annexation to the City of Norwalk.

Property Analytics

Current Use

Stein Dairy Farm Production Facility

Suggested Use

Top Pick Real Estate Agency Law Firm Building Supply HVAC Service Hair Salon Big Box & Wholesale Store

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

364
Businesses Nearby

Demographics for 44857, OH

23,619
Population
10,579
Households
2.2
Avg Household Size
41
Median Age
21%
College-Educated
93%
High-School Grad
81.6 sq mi
ZIP Area
289
Density / Sq Mi
$62,227
Median Household Income
$42,100
Median Earnings
$795
Median Rent
$170,400
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Land - 29 acre development/investment opportunity in Norwalk, Ohio.
Where is this land located?
The property is located at 431 Old State Rd S 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, Downtown Shops/Restaurants, Schools, Parks, and Eagle Creek Golf Course.; Potential annexation to the City of Norwalk.
(419) 660-1907 Call to check price and availability
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