For Sale
$655,000

1150 Madison St Norwalk, IA 50211

Prime Iowa location, shovel-ready, M-1 zoning.

Overview

Added:
Dec 11, 2024
Days on market:
133
This exceptional 3-acre commercial and industrial land parcel presents a unique investment opportunity in Norwalk, Iowa. Located at 1150 Madison Street, this property (Plat 2 Lot 2) is ideally situated within Dunn Industrial Park, offering convenient access to major transportation arteries. The site boasts M-1 General Industrial zoning, permitting a wide range of uses, including outdoor storage. Priced at $655,000 ($5/sq ft), this shovel-ready site is perfect for immediate development. Its strategic location provides easy access to Highway 28, with Highway 5 just four miles north and Interstate 35 only six miles west. The property benefits from Norwalk's Industrial Graduated Tax Abatement program (75/60/45/30/15), offering significant long-term cost savings. Regional detention is in place, and future city planning indicates connectivity to a new I-35 interchange, further enhancing the property's value and accessibility. This is a rare opportunity to acquire a well-positioned, fully-permitted industrial site in a rapidly growing area.

Highlights

  • Plat 2, Lot 2
  • 3-acre parcel
  • $655,000 asking price
  • Shovel-ready site
  • Regional detention system in place
  • M-1 General Industrial zoning

Property Details for 1150 Madison St

Property type
Land, Industrial properties
Lot Size (sq. ft)
130,680 SF

Location Insight

City
Norwalk
County
Warren
State
Iowa
Latitude
41.457952
Longitude
-93.68966

FAQs

What type of property is this?
Land - Prime Iowa location, shovel-ready, M-1 zoning.
Where is the land located?
The property is located at 1150 Madison St Norwalk, IA.
What is the asking price?
The asking price for this property is $655,000.
What are key features of this property?
This property features: Plat 2, Lot 2; 3-acre parcel; $655,000 asking price
How can I contact the broker?
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1150 Madison St
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