Property profile

340 Wright Rd Norwalk, IA 50211

OFF-MARKET
Manufacturing properties
Property ID
US25-1795926
16,000 SF 4 ac lot Built 2005
Entity Owned 21-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Year built 2005
Total area 16,000 SF
Lot 4 ac (174,240 SF)
APN 63195000020
UPID US25-1795926

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
  • Wedding Service
  • Factory Industrial Manufacturer
  • General Contractor Construction Company

Location

340 Wright Rd Norwalk, IA 50211-1603
Norwalk metro Census 20202 DES MOINES-WEST DES MOINES, IA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.09M

Owner & transaction history

since 2005
1 recorded transaction
2005
Price N/A

Zoning & alternative use

Top alternative use upside
Restaurant $1.6M +34.2%
Auto repair, garage $1.4M +16.1%
Warehouse, storage $1.3M +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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