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    901 Walnut Dr Norwalk, IA 50211

    Sponsored
    For Sale
    $84,900

    .45-acre residential lot in Norwalk, IA

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional .45-acre residential lot, located at 901 Walnut Dr, Norwalk, IA 50211, presents a unique opportunity to build your dream home in the desirable Sunset Estates development. Situated in Warren County, Iowa, this property offers a tranquil setting while remaining conveniently close to the vibrant city of Des Moines. The asking price is $84,900, representing a land value of $188,667 per acre. This lot is part of a larger development featuring 40 residential lots, promising a thriving and family-friendly community. The property's location in Norwalk, a rapidly growing suburb of Des Moines, ensures easy access to amenities, employment opportunities, and major transportation routes. With its ideal size and prime location, this lot is perfect for those seeking to build a new home in a welcoming and dynamic community. The latitude and longitude coordinates are 41.470047, -93.6974154 respectively. Don't miss this chance to secure your piece of this exciting development and create the home you've always envisioned. This is a rare opportunity to own a piece of land in a rapidly growing area.

    Property Features for 901 Walnut Dr

    General Information

    Property type
    Land
    Lot Size
    19,602 SF

    HighLights

    • 0.45‑acre land parcel.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    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
    -93.6974154
    Latitude
    41.470047

    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 - .45-acre residential lot in Norwalk, IA
    Where is this land located?
    The property is located at 901 Walnut Dr Norwalk, IA.
    What is the asking price?
    The asking price for this property is $84,900.
    What are key features of this property?
    This property features: 0.45-acre land parcel.; ;
    (515) 334-3345
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    901 Walnut Dr Norwalk, IA 50211
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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
    901 Walnut Dr Norwalk, IA 50211
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