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Rehabilitation Center Building
For Sale
$2,299,000

3200 Raasch Dr, Norfolk, NE 68701

Purpose-built commercial building with treatment, locker room, and kitchen areas for medical or wellness-related operations.

Property SizeContact for details
Days on Market497

Property Features for 3200 Raasch Dr

General Information

Standard status Active

Taxes and HOA fees

Annual Taxes $14,991

Amenities

locker room
kitchen area
Listing Agency: Real Estate Solutions Team
Listed By: Russell Wilcox
Source: Exprealty
Added: May 14, 2025 Changed: Sep 19 Last Checked: Sep 21 at 12:53PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Real Estate Solutions Team

Investment Insights

Based on property information with market context.

This commercial building in Norfolk is currently occupied by Spier Physical Therapy, while the business itself is excluded from the sale. The interior includes generously sized rooms, a 64' x 30' treatment room, locker room, and kitchen area. Its configuration supports rehabilitation, medical, professional, or wellness-oriented uses.

The property is located at 3200 Raasch Dr in Norfolk, Nebraska. The current owners plan to relocate their practice, with closing contingent on securing another real estate location. Patient care is expected to continue in Norfolk without interruption, while ownership of the building changes hands.

Key Highlights

  • 64' x 30' treatment room
  • Locker room and kitchen area included
  • Currently occupied by Spier Physical Therapy; business is not included in the sale

Property Analytics

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Current Use

Rehabilitation centers

Suggested Use

Top Pick Real Estate Agency Building Supply Auto Repair Shop Auto Parts Store HVAC Service Electrical Service

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

739
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Rehabilitation center - Purpose-built commercial building with treatment, locker room, and kitchen areas for medical or wellness-related operations.
Where is this rehabilitation center located?
The property is located at 3200 Raasch Dr Norfolk, NE.
What is the asking price?
The asking price for this property is $2,299,000.
What are key features of this property?
This property features: 64' x 30' treatment room; Locker room and kitchen area included; Currently occupied by Spier Physical Therapy; business is not included in the sale
More about this property
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