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Property profile & analytics
OFF-MARKET
Land

0 Hwy 28 & Chatham Ave Norwalk, IA 50211

1 ac lot
Property ID
Property summary
AI-generated overview

This exceptional commercial land offering presents a unique investment opportunity in the thriving city of Norwalk, Iowa. Located at the intersection of Highway 28 and Chatham Avenue, these sites boast unparalleled visibility and accessibility. The property comprises several parcels ranging from 1 to 6.21 acres, providing flexibility for a variety of development projects. With a daily traffic count of 16,000 vehicles, this location ensures high exposure for any commercial venture. The land is zoned to accommodate a diverse range of uses, including retail, office, medical, and other commercial developments. Furthermore, there are also medium and high-density residential land parcels available. The strategic location offers quick access to Interstate 35 via the Highway 5 extension, providing seamless connectivity to the broader region. Commuters also enjoy easy access to Downtown Des Moines, making this an attractive location for businesses and employees alike. This property sits within a rapidly expanding retail corridor, promising strong future growth and return on investment. The sale price varies depending on the specific parcel selected. Contact us today to explore the possibilities and secure your piece of this prime commercial real estate.

Property profile
Verified
Property type Land
Lot 1 ac (43,560 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
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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