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County Highway R57 (80th Avenue) 8.25 Acres of Commercial Land Offered at $1,400,000 in Norwalk, IA 50211
INVESTMENT HIGHLIGHTS
- Utilities: Sanitary sewer, Storm water, and Water service at the site.
EXECUTIVE SUMMARY
NAI Iowa Realty Commercial presents this prime 8.25-acre tract at the intersection of HWY R57 and Jacobin Drive on the east side of Norwalk, Iowa. Located just minutes from Norwalk High School and Middle School, this property is an ideal site for your next development project. Zoned R-4 - High Density Residential, this parcel is ready for a variety of uses, including townhomes, apartments (up to 120 units), assisted living, religious and educational uses. The attached site plan was previously approved by the city of Norwalk.
PROPERTY FACTS
| Price | $1,400,000 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 8.25 AC |
| Property Type | Land | ||
| Zoning | R-4 - High Density Multiple-Family Residential | ||
| Price | $1,400,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 8.25 AC |
| Zoning | R-4 - High Density Multiple-Family Residential |
1 LOT AVAILABLE
Lot 1
| Price | $1,400,000 | Lot Size | 8.25 AC |
| Price Per AC | $169,696.97 |
| Price | $1,400,000 |
| Price Per AC | $169,696.97 |
| Lot Size | 8.25 AC |
8.25 Lot zoned R-4 PUD
DESCRIPTION
8.25-acre tract at the intersection of HWY R57 and Jacobin Drive on the east side of Norwalk, Iowa.
PROPERTY TAXES
| Parcel Number | 64024170650 | Improvements Assessment | $0 |
| Land Assessment | $16,800 | Total Assessment | $16,800 |
PROPERTY TAXES
Parcel Number
64024170650
Land Assessment
$16,800
Improvements Assessment
$0
Total Assessment
$16,800
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County Highway R57 (80th Avenue)
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