909 Walnut Dr Norwalk, IA 50211
This exceptional 0.42-acre residential lot is situated in the desirable Sunset Estates Plat 2 development in Norwalk, Iowa, a thriving suburb of Des Moines. Priced at $84,900, this property offers a fantastic opportunity to build your dream home in a vibrant and growing community. Located at 909 Walnut Dr, Norwalk, IA 50211 (41.470047, -93.6974154), the lot is part of a planned community with 40 residential lots, ensuring a cohesive and family-friendly neighborhood. Norwalk's strategic location provides easy access to the amenities and opportunities of Des Moines while maintaining a small-town feel. The land value is calculated at $202,143 per acre, reflecting the high demand for residential properties in this area. This is a rare chance to secure a prime building lot in a sought-after location, perfect for those seeking a new home in a thriving community. Don't miss this opportunity to build your future in Sunset Estates. The property is zoned for residential use and is ready for immediate development. Utilities are available, and the lot is relatively flat, making construction straightforward. This is an ideal location for families seeking a peaceful yet convenient lifestyle. The community offers a strong sense of belonging and is known for its welcoming atmosphere.
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.