1351 Chatham Ave Norwalk, IA 50211
- Commercial real estate
- 1.79 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 1351 Chatham Ave
- Lot size
- 1.79 lot acres
- Property type
- Commercial real estate
Description
This exceptional 1.79-acre commercial land parcel presents a unique investment opportunity in the thriving city of Norwalk, Iowa. Located at 1351 Chatham Ave, this corner lot boasts unparalleled visibility and accessibility, situated within walking distance of a newly constructed sports complex and a vibrant retail corridor. The property's strategic location offers fast access to Interstate 35 via Highway 5, providing seamless connectivity to Downtown Des Moines and beyond. With an asking price of $1,167,705, this land offers a compelling value proposition at $15 per square foot. The high-traffic area attracts approximately one million visitors annually from outside the immediate market, creating significant potential for a wide range of commercial ventures. This prime location is ideal for retail establishments, food and beverage businesses, or other commercial developments seeking high visibility and convenient access to major transportation routes. The property's size and location make it an attractive option for developers looking to capitalize on Norwalk's continued growth and strong economic outlook. The Warren County location and 50211 zip code further solidify its desirability. This is a rare opportunity to acquire a substantial commercial land parcel in a rapidly developing area with exceptional potential for future growth and return on investment.
Value Estimation
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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
- -93.6716853
- Latitude
- 41.4874625
