Current Use by Public Records
- Warehouses
Property Details for 200 &250 Delaware St
- Year built
- 2024
- Lot size
- 1.50 lot acres
- Property type
- Warehouses
- Property subtype
- Industrial properties
Description
This exceptional investment opportunity presents two brand-new Class B industrial buildings in Norwalk, Iowa's Dunn Industrial Park, completed in July 2024. The property consists of two buildings totaling 20,000 square feet each, offering flexible spaces ranging from 2,500 to 20,000 square feet, with 5,000-square-foot bay options. Each bay features a 14' x 16' drive-in door, clear span interiors, and ceiling heights ranging from 16 to 20 feet. The property is zoned M-1 General Industrial, allowing for a variety of uses. Situated on 1.5 to 3 acres of land, the location provides excellent access to major transportation routes, including proximity to Highway 28, four miles north of Highway 5, and six miles west of Interstate 35. Future city planning indicates improved connectivity to a new I-35 interchange. The property is available for lease (NNN lease, with rates starting at $9.25 per square foot) or purchase (price negotiable). Outdoor storage is permitted. A detailed operating expense estimate is available upon request. This is a prime opportunity to secure a modern, versatile industrial space in a rapidly growing area.
Value Estimations
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AI approach
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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
- -93.69
- Latitude
- 41.4604
