3000 Sunset Dr Norwalk, IA 50211
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.