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Property profile & analytics
OFF-MARKET
Land

0 50Th Ave Prole, IA 50211

14,158 SF
Property ID
Property summary
AI-generated overview

Blooming Heights offers exceptional commercial land opportunities on the western edge of Norwalk, Iowa, seamlessly integrated with the Timber View Development. This executive development presents a diverse selection of lots ranging in size from approximately 0.30 acres to 1 acre, catering to various development needs. The available parcels boast a variety of terrains, including flat, daylight, and walkout lots, many of which offer picturesque views backing onto wooded areas and a tranquil pond. The property benefits from the convenience of Norwalk schools, readily available sewer and utility connections, and a significant advantage of a 5-year partial tax abatement. Its strategic location provides easy access to the Des Moines Metro area, further enhanced by a new highway interchange offering direct access to Highway 5. Lot sizes vary between 14,158 and 14,308 square feet, with a total buildable area ranging from 14,158 to 43,966 square feet. The asking price for these exceptional lots is $92,900. This presents a compelling investment opportunity in a thriving community with excellent infrastructure and convenient access to major transportation routes.

Property profile
Verified
Property type Land
Total area 14,158 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
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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