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Property profile & analytics
OFF-MARKET
Land

3000 Sunset Dr Norwalk, IA 50211

Property ID
Property summary
AI-generated overview

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 profile
Verified
Property type Land
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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