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    3000 Sunset Dr Norwalk, IA 50211

    For Sale
    Contact for pricing

    1.63 Acres, High Traffic, Norwalk, IA

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 1.63-acre commercial land parcel, located at 3000 Sunset Dr in Norwalk, Iowa (zip code 50211), presents a unique investment opportunity. Boasting 71,002 square feet and 226 feet of frontage directly on Highway 28 and Beardsley Street, this property benefits from exceptional visibility and accessibility. The site enjoys a strategic location, with convenient access to walking and biking trails. With a C2 zoning designation, it's ideally suited for a variety of uses, including car washes, quick-service restaurants (QSRs), neighborhood retail establishments, or a medical office building (MOB). Traffic counts are substantial, with over 30,000 vehicles per day currently passing the intersection of Highway 28 and Beardsley Street (2016 data indicated 25,000 VPD). The area is experiencing significant growth, with plans for 250 new homes in the immediate vicinity, further enhancing the property's long-term potential. Annual traffic to Norwalk exceeds 900,000 visitors. The asking price is negotiable. This prime location offers unparalleled potential for a thriving business.

    Property Features for 3000 Sunset Dr

    General Information

    Property type
    Land

    HighLights

    • 1.63‑acre commercial land parcel at 3000 Sunset Dr, Norwalk, IA 50211.
    • 71,002 SF lot with 226' of frontage on Highway 28 and Beardsley Street, offering high visibility and accessibility.
    • C2 zoning allows for various uses including QSRs, retail, and medical office.
    • High traffic counts exceeding 30,000 vehicles per day at the intersection.
    • Located in a growing area with planned residential development adding to long‑term potential.
    • Negotiable asking price.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Auto Repair Shop Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Norwalk
    County
    Warren
    State
    Iowa
    Longitude
    -93.674042864758
    Latitude
    41.496345238567

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    FAQs

    What type of property is this?
    Land - 1.63 Acres, High Traffic, Norwalk, IA
    Where is this land located?
    The property is located at 3000 Sunset Dr Norwalk, IA.
    What are key features of this property?
    This property features: 1.63-acre commercial land parcel at 3000 Sunset Dr, Norwalk, IA 50211.; 71,002 SF lot with 226' of frontage on Highway 28 and Beardsley Street, offering high visibility and accessibility.; C2 zoning allows for various uses including QSRs, retail, and medical office.
    (515) 988-2782
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    3000 Sunset 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
    3000 Sunset Dr Norwalk, IA 50211
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