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    601 Orchard Hills Dr Norwalk, IA 50211

    Sponsored
    For Sale
    $725,000

    5.48 Acres, Hwy Frontage, Flexible Zoning

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 5.48-acre commercial development land parcel presents a unique investment opportunity in the thriving suburb of Norwalk, Iowa. Strategically located on G14 Highway, a major east-west thoroughfare, this site boasts excellent visibility and accessibility. The property's C-1 zoning allows for a wide range of potential uses, including single-family residential, townhouses, condominiums, multi-family dwellings, educational facilities, religious institutions, community/recreational spaces, general and neighborhood commercial/office buildings, and mixed-use developments via Planned Unit Development (PUD). Its proximity to the new Norwalk Orchard Hills Elementary School adds significant value and potential for synergistic development. Convenient access to essential utilities is ensured with sanitary sewer lines available on G14 Highway and Orchard Hills Drive, and storm sewer and water service readily accessible on both roadways. This prime location and flexible zoning make this property ideal for a variety of commercial ventures. The address is 601 Orchard Hills Dr, Norwalk, IA 50211.

    Property Features for 601 Orchard Hills Dr

    General Information

    Property type
    Land
    Lot Size
    238,709 SF

    HighLights

    • 5.48‑acre commercial development site in Norwalk, IA.
    • C‑1 zoning allows for diverse uses including residential, commercial, and mixed‑use developments.
    • High visibility location on G14 Highway, a major east‑west thoroughfare.
    • Convenient access to utilities: sanitary sewer, storm sewer, and water.
    • Proximity to Norwalk Orchard Hills Elementary School.
    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
    -93.695375375715
    Latitude
    41.473311235927

    Nearby Comparable

    • $84,900
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      Sunset Estates Lot: Build Your Dream Home

      0.42-acre residential lot in Norwalk, IA.
      909 Walnut Dr, Norwalk, IA 50211
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    • $84,900
      0.45 Acres

      Sunset Estates Lot 8: Build Your Dream Home

      .45-acre residential lot in Norwalk, IA
      901 Walnut Dr, Norwalk, IA 50211
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    • $119,900
      0.20 Acres

      Sunset Estates Lot: Build Your Dream Home

      Iowa residential lot, 0.2 acres, $119,900
      1128 Orchard Hills Dr, Norwalk, IA 50211
      View Details

    Nearby Similar for Sale

    • $419,900
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      Downtown Norwalk Commercial Building For Sale

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    • $299,000
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      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 - 5.48 Acres, Hwy Frontage, Flexible Zoning
    Where is this land located?
    The property is located at 601 Orchard Hills Dr Norwalk, IA.
    What is the asking price?
    The asking price for this property is $725,000.
    What are key features of this property?
    This property features: 5.48-acre commercial development site in Norwalk, IA.; C-1 zoning allows for diverse uses including residential, commercial, and mixed-use developments.; High visibility location on G14 Highway, a major east-west thoroughfare.
    (515) 415-6100
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    601 Orchard Hills Dr Norwalk, IA 50211
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    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
    601 Orchard Hills Dr Norwalk, IA 50211
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