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    Hwy 28 & Chatham Ave Norwalk, IA 50211

    Sponsored
    For Sale
    Contact for pricing

    Prime Iowa land, various sizes, high traffic.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional commercial land offering presents a unique investment opportunity in the thriving city of Norwalk, Iowa. Located at the intersection of Highway 28 and Chatham Avenue, these sites boast unparalleled visibility and accessibility. The property comprises several parcels ranging from 1 to 6.21 acres, providing flexibility for a variety of development projects. With a daily traffic count of 16,000 vehicles, this location ensures high exposure for any commercial venture. The land is zoned to accommodate a diverse range of uses, including retail, office, medical, and other commercial developments. Furthermore, there are also medium and high-density residential land parcels available. The strategic location offers quick access to Interstate 35 via the Highway 5 extension, providing seamless connectivity to the broader region. Commuters also enjoy easy access to Downtown Des Moines, making this an attractive location for businesses and employees alike. This property sits within a rapidly expanding retail corridor, promising strong future growth and return on investment. The sale price varies depending on the specific parcel selected. Contact us today to explore the possibilities and secure your piece of this prime commercial real estate.

    Property Features for 0 Hwy 28 & Chatham Ave

    General Information

    Property type
    Land
    Lot Size
    43,560 SF

    HighLights

    • Price: Negotiable
    • Versatile zoning allows for retail, office, medical, or general commercial development.
    • Zoned for medium and high‑density residential.
    • High traffic count: 16,000 vehicles per day (VPD).
    • Excellent access to I‑35 via Highway 5.
    • Convenient access to Downtown Des Moines.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Norwalk
    County
    Warren
    State
    Iowa
    Longitude
    -93.6741904
    Latitude
    41.4874487

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    FAQs

    What type of property is this?
    Land - Prime Iowa land, various sizes, high traffic.
    Where is this land located?
    The property is located at Hwy 28 & Chatham Ave Norwalk, IA.
    What are key features of this property?
    This property features: Price: Negotiable; Versatile zoning allows for retail, office, medical, or general commercial development.; Zoned for medium and high-density residential.
    Request Owner's contact information
    Hwy 28 & Chatham Ave 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
    Hwy 28 & Chatham Ave Norwalk, IA 50211
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