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Property profile & analytics
OFF-MARKET
Land

300 Delaware St Norwalk, IA 50211

2 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 19.3-acre parcel in Norwalk, Iowa's Dunn Industrial Park presents a unique opportunity for industrial development. Located on Delaware Street, this M-1 General Industrial zoned land offers convenient access to major transportation arteries, including Highway 28, Highway 5 (4 miles north), and Interstate 35 (6 miles west). The property is shovel-ready, allowing for immediate development, and features permitted outdoor storage. The site is divisible into minimum 2-acre lots, catering to various project sizes. The asking price is $4,200,000, translating to $5 per square foot. The city of Norwalk offers an attractive graduated tax abatement program (75/60/45/30/15). Future city planning includes improved connectivity to a new I-35 interchange, further enhancing the property's long-term value and accessibility. Regional detention is in place. This is an ideal location for businesses seeking efficient logistics and a supportive municipal environment. The property is ready for immediate development, making it an attractive investment for industrial users and developers alike.

Property profile
Verified
Property type Land
Lot 2 ac (87,120 SF)
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
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CAP Approach CAP
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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