200 Delaware St Norwalk, IA 50211
This exceptional property at 200 Delaware St, Norwalk, IA 50211, offers 40,000 square feet of flexible warehouse and retail space within two single-story buildings, constructed in 2024. The property is classified as Class B and zoned M-1 General Industrial, providing versatility for various business needs. Currently, 5,000 square feet of space is immediately available, with a minimum divisible unit of 5,000 square feet and a maximum contiguous space of 5,000 square feet. The buildings feature convenient drive-in access with eight drive-in doors, and ample parking with 20 total spaces. Ceiling heights range from 16 to 20 feet. The property boasts a prime location in Dunn Industrial Park, offering excellent visibility and convenient access to Hwy 28, ensuring seamless transportation and logistics. While there are no loading docks, dock-high doors, or elevators, the property's design and location make it an ideal choice for businesses seeking efficient and accessible industrial space. The property is multi-tenant, with a total of two suites. This presents a unique opportunity for businesses seeking a strategic location in a thriving industrial area.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
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.