Listing Agency: Real Estate Solutions Team k**@keytosolutions.com Show Phone

Listed By: Charlotte Easland Show Phone

Source: Exprealty

Added: Apr 23, 2021 Changed: Sep 24 Last Checked: Sep 26 at 12:54PM

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Investment Insights

Based on property information with market context.

This vacant lot is zoned light industrial and offers an undeveloped site for future commercial or industrial construction. The property is positioned between two businesses, providing an established commercial setting for a new development.

Located at 403 E Norfolk Ave in Norfolk, NE, the parcel is suited to users seeking a light industrial site within an active business area.

Key Highlights

• Light industrial zoning
• Vacant undeveloped lot
• Situated between two businesses

Property Analytics

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Current Use

Industrial land

Suggested Use

Top Pick Law Firm Dental Office Pharmacy Gym & Fitness Center Grocery & Convenience Store Parking Lot & Garage

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

604

Businesses Nearby

Explore this area Business Placement

Demographics for 68701, NE

31,257

Population

13,806

Households

2.3

Avg Household Size

37

Median Age

24%

College-Educated

93%

High-School Grad

188.5 sq mi

ZIP Area

166

Density / Sq Mi

$64,862

Median Household Income

$40,713

Median Earnings

$855

Median Rent

$200,400

Median Home Value

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019

4.9% 2020

3.6% 2021

3.1% 2022

4.6% 2023

5% 2024

4.9% 2025

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this industrial land located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Industrial land - Vacant commercial lot situated between two established businesses in Norfolk, Nebraska.

Where is this industrial land located?

The property is located at 403 E Norfolk Ave Norfolk, NE.

What is the asking price?

The asking price for this property is $74,000.

What are key features of this property?

This property features: Light industrial zoning; Vacant undeveloped lot; Situated between two businesses