Chatham Ave Norwalk, IA 50211
- Land
Current Use by Public Records
- Land
Property Details for 0 Chatham Ave
- Property type
- Land
Description
This exceptional 143,323 square foot commercial land parcel presents a unique investment opportunity in the thriving Hughes Century Crossing area of Norwalk Central, Iowa. Strategically located just east of Highway 28 along Chatham Avenue, this property enjoys high visibility and convenient access to major transportation routes. Across from the Gregg Young Sports Campus, this site benefits from significant foot traffic and proximity to recreational amenities. Zoned Town Center (TC), the property offers considerable flexibility for a variety of commercial developments. The lot size allows for up to 3.29 acres of development and can be subdivided to accommodate multiple projects. All utilities are available on-site, simplifying the development process and minimizing upfront costs. The asking price is $1,719,876, translating to a land value of $12 per square foot. This prime location in a rapidly growing mixed-use development area makes this an ideal opportunity for investors seeking strong returns and significant development potential in the heart of Norwalk, Iowa, zip code 50211. The property's location in Warren County offers access to a robust local economy and a strong community base. This is a rare chance to acquire a sizable, well-located commercial lot with significant upside potential.
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
- -93.6672
- Latitude
- 41.488
