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    1003 Knoll Dr Norwalk, IA 50211

    Sponsored
    For Sale
    $69,900

    0.14-acre lot, ideal for development.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 0.14-acre commercial land parcel presents a unique investment opportunity in the thriving community of Norwalk, Iowa. Located at 1003 Knoll Dr, 50211, this property offers significant potential for various commercial or residential development projects. Situated in Warren County, the land boasts a strategic location within a rapidly growing suburb of Des Moines, providing easy access to major transportation routes and amenities. The asking price is $69,900, translating to a land value of $499,286 per acre, reflecting the high demand for properties in this area. With 40 residential lots currently available within the development, this location offers a strong foundation for a successful venture. The property's proximity to Des Moines ensures convenient access to a larger employment base and a wide array of services. This is an excellent chance to capitalize on the ongoing growth and development within Norwalk, making it an attractive option for both seasoned investors and new developers seeking a prime location for their next project. The address is clearly identified as 1003 Knoll Dr, Norwalk, IA 50211. The coordinates are 41.4779621 latitude and -93.6807898 longitude.

    Property Features for 1003 Knoll Dr

    General Information

    Property type
    Land
    Lot Size
    6,098 SF

    HighLights

    • $69,900 asking price for 0.14 acres of commercial/residential development land.
    • Located at 1003 Knoll Dr, Norwalk, IA 50211.
    • Land value: $499,286 per acre.
    • 40 residential lots currently available in this Norwalk, IA development.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Norwalk
    County
    Warren
    State
    Iowa
    Longitude
    -93.6807898
    Latitude
    41.4779621

    Nearby Comparable

    • $69,900
      0.14 Acres

      Norwalk Residential Land - Iowa

      Build Your Dream Home on 0.14 Acres
      905 Knoll Dr, Norwalk, IA 50211
      View Details
    • $69,900
      0.14 Acres

      Prime Norwalk Residential Land

      Build your dream home on this 0.14-acre lot.
      921 Knoll Dr, Norwalk, IA 50211
      View Details

    Nearby Similar for Sale

    • $419,900
      0.16 Acres

      Downtown Norwalk Commercial Building For Sale

      Charming brick building with three commercial units and office spaces.
      810 Main St, Norwalk, IA 50211
      View Details
    • $299,000
      Pending

      Norwalk Commercial Building on 1 Acre

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

    FAQs

    What type of property is this?
    Land - 0.14-acre lot, ideal for development.
    Where is this land located?
    The property is located at 1003 Knoll Dr Norwalk, IA.
    What is the asking price?
    The asking price for this property is $69,900.
    What are key features of this property?
    This property features: $69,900 asking price for 0.14 acres of commercial/residential development land.; Located at 1003 Knoll Dr, Norwalk, IA 50211.; Land value: $499,286 per acre.
    (515) 334-3345
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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
    1003 Knoll Dr Norwalk, IA 50211
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