0 50Th Ave Prole, IA 50211
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.
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
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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.