Property profile

1845 Colonial Pkwy Norwalk, IA 50211

OFF-MARKET
Manufacturing properties
Property ID
US25-2386693
46,424 SF 5.93 ac lot Built 2014
Entity Owned 12-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Year built 2014
Total area 46,424 SF
Lot 5.93 ac (258,310 SF)
APN 63172010012
UPID US25-2386693

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Agricultural Supply Food Market
  • Big Box & Wholesale Store

Location

1845 Colonial Pkwy Norwalk, IA 50211-9742
Norwalk metro Census 20201 DES MOINES-WEST DES MOINES, IA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$3.05M

Owner & transaction history

since 2013
1 recorded transaction
2013
Price N/A

Zoning & alternative use

Top alternative use upside
Restaurant $4.5M +34.2%
Auto repair, garage $3.9M +16.1%
Warehouse, storage $3.8M +12.7%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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