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    | Norwalk Iowa Hwy 28 & Turnberry Dr Norwalk, IA 50211

    Sponsored
    For Sale
    Contact for pricing

    0.82-acre lot, Highway 28, build-to-suit options.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 0.82-acre commercial land parcel presents a remarkable opportunity for retail development in the thriving suburb of Norwalk, Iowa. Strategically located along Highway 28, this property enjoys high visibility and accessibility, ensuring maximum exposure for any commercial venture. The land is situated adjacent to a recently constructed retail strip center, providing immediate synergy and a built-in customer base. Priced at $14 per square foot, this represents a compelling investment opportunity. The property is available for outright sale, a ground lease arrangement, or a build-to-suit option, offering flexibility to accommodate various development plans. The build-to-suit terms are negotiable, allowing for customization to meet specific project requirements. This rear lot offers significant potential for a variety of commercial uses, capitalizing on Norwalk's robust economic growth and prime location. The address is Highway 28 & Turnberry Drive, Norwalk, Iowa, 50211, within Warren County. This is a rare chance to secure a highly desirable commercial site in a rapidly expanding market. Don't miss this chance to establish your business in a vibrant and strategic location.

    Property Features for | Norwalk Iowa Hwy 28 & Turnberry Dr

    General Information

    Property type
    Land
    Lot Size
    35,719 SF

    HighLights

    • 0.82‑acre rear lot.
    • $14.00 per square foot sale price.
    • Build‑to‑suit options available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Norwalk
    County
    Warren
    State
    Iowa
    Longitude
    -93.674021585271
    Latitude
    41.492505157893

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    FAQs

    What type of property is this?
    Land - 0.82-acre lot, Highway 28, build-to-suit options.
    Where is this land located?
    The property is located at | Norwalk Iowa Hwy 28 & Turnberry Dr Norwalk, IA.
    What are key features of this property?
    This property features: 0.82-acre rear lot.; $14.00 per square foot sale price.; Build-to-suit options available.
    (515) 415-6100
    Request Owner's contact information
    | Norwalk Iowa Hwy 28 & Turnberry 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
    | Norwalk Iowa Hwy 28 & Turnberry Dr Norwalk, IA 50211
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