0 Hwy 28 & Chatham Ave Norwalk, IA 50211
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.
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
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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.