I-35 Hwy Norwalk, IA 50061
This exceptional commercial property, located at the intersection of I-35 and Highway G-14 in Warren County, offers 17,794 square feet of versatile executive office space. Currently fully vacant, this property presents a unique opportunity for businesses seeking immediate occupancy. The space is divisible into units as small as 1,768 square feet, with a maximum contiguous space of 5,000 square feet, catering to a range of tenant needs. Tenants will benefit from the property's strategic location within a C1 - Hwy Commercial zoned area, providing excellent visibility and accessibility. The 0.99-acre lot offers ample parking and potential for future expansion. This property is part of the larger 700+ acre Middlebrook project, which aims to foster a vibrant community with diverse local businesses and amenities. The property's flexible layout and prime location make it ideal for a variety of businesses seeking a high-profile presence in a thriving area. The building is categorized as Retail, Office, and Land, offering multiple tenancy options. This is a rare opportunity to secure a significant amount of high-quality office space in a rapidly developing area. The property's size and zoning make it suitable for a variety of uses, from individual executive suites to larger corporate offices. Immediate occupancy is available.
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
Similar Nearby for Sale
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.