300 Delaware St Norwalk, IA 50211
- Land
- 2.00 lot acres
Current Use by Public Records
- Land
Property Details for 300 Delaware St
- Lot size
- 2.00 lot acres
- Property type
- Land
- Property subtype
- Industrial properties
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Norwalk
- County
- Warren
- State
- Iowa
- Longitude
- -93.712
- Latitude
- 41.4613
