Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    Channel Rd And Victory Rd Norfolk, NE 68701

    Sponsored
    For Sale
    $663,201

    Nebraska commercial land, high visibility, strong co-tenancy.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 1.45-acre commercial land parcel, located in Norfolk, Nebraska (APN: 010764321), presents a unique investment opportunity. Situated at the intersection of Channel Rd and Victory Rd, zip code 68701, this highly visible property boasts strong co-tenancy with established businesses such as OfficeMax, Shopko, Buffalo Wild Wings, and Advanced Auto. Its strategic location offers unparalleled access to a significant consumer base, further enhanced by its adjacency to a new 160-unit multifamily development. The property is ideally suited for a variety of commercial uses, including convenience stores, gas stations, dollar stores, banks, and other financial institutions. The asking price is $663,201, translating to a land value of $10 per square foot. A key advantage is the potential for lot size expansion, providing flexibility for future development plans. This prime location in Madison County offers excellent visibility and accessibility, making it an attractive proposition for businesses seeking a thriving commercial environment. The property's proximity to a large residential development ensures a consistent flow of potential customers. Don't miss this chance to secure a highly desirable commercial property in a rapidly growing area.

    Property Features for 0 Channel Rd And Victory Rd

    General Information

    Property type
    Land
    Lot Size
    63,162 SF

    HighLights

    • Highly visible 1.45‑acre commercial land parcel in Norfolk, NE, with strong co‑tenancy including OfficeMax, Shopko, Buffalo Wild Wings, and Advanced Auto.
    • Ideal for convenience stores, gas stations, dollar stores, banks, and other financial institutions; adjacent to a 160‑unit multifamily development.
    • Lot size expansion is possible.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Norfolk
    County
    Madison
    State
    Nebraska
    Longitude
    -97.3877062
    Latitude
    42.027076

    Nearby Comparable

    • Contact for pricing
      228,882 SF

      Norfolk Industrial Property - 228,882 SF

      Prime Nebraska industrial space; flexible lease terms.
      1600 Pine Industrial Rd, Norfolk, NE 68701
      View Details
    • $235,000

      Zero Entry Townhome with Garage

      Two-bedroom, two-bath townhome with zero entry, two-car garage.
      906 Janet Ln, Norfolk, NE 68701
      View Details
    • Contact for pricing
      1.59 Acres

      Norfolk Industrial Land - 1.59 Acres

      Prime Norfolk, NE commercial/industrial land.
      1600 1St St, Norfolk, NE 68701
      View Details
    • Contact for pricing
      32.00 Acres

      Norfolk Industrial Land: 32 Acres

      Prime Norfolk, NE industrial land – ideal for development.
      1601 1St St, Norfolk, NE 68701
      View Details
    • Contact for pricing

      Land Parcels in Norfolk, Nebraska

      Five land parcels available near US 275 in Norfolk.
      117 Washington Ave, Norfolk, NE 68701
      View Details
    • $115,000

      Prime Commercial Land Opportunity

      Commercial land with high visibility and exposure in Norfolk.
      1317 W Norfolk Ave, Norfolk, NE 68701
      View Details
    • $115,000
      1.05 Acres

      Norfolk Commercial Land - $115K

      Prime 1.05-acre commercial lot in Norfolk, NE.
      1317 Norfolk Ave, Norfolk, NE 68701
      View Details
    • Contact for pricing
      71,974 SF

      Norfolk Land Parcel For Sale

      Land parcel available in Norfolk, Nebraska.
      1403 Center Dr, Norfolk, NE 68701
      View Details
    • $3,650,000
      105.96 Acres

      Norfolk Industrial Land - 105 Acres

      Prime Nebraska industrial land, ready for development.
      1015 Magnet Dr, Norfolk, NE 68701
      View Details
    • $3,650,000

      Development Ready Land Parcel

      Land parcel with completed grading and utility services available.
      1015 Magnet Dr, Norfolk, NE 68701
      View Details

    Nearby Similar for Sale

    • $235,000

      Zero Entry Townhome with Garage

      Two-bedroom, two-bath townhome with zero entry, two-car garage.
      906 Janet Ln, Norfolk, NE 68701
      View Details
    • Contact for pricing
      228,882 SF

      Norfolk Industrial Property - 228,882 SF

      Prime Nebraska industrial space; flexible lease terms.
      1600 Pine Industrial Rd, Norfolk, NE 68701
      View Details

    FAQs

    What type of property is this?
    Land - Nebraska commercial land, high visibility, strong co-tenancy.
    Where is this land located?
    The property is located at Channel Rd And Victory Rd Norfolk, NE.
    What is the asking price?
    The asking price for this property is $663,201.
    What are key features of this property?
    This property features: Highly visible 1.45-acre commercial land parcel in Norfolk, NE, with strong co-tenancy including OfficeMax, Shopko, Buffalo Wild Wings, and Advanced Auto.; Ideal for convenience stores, gas stations, dollar stores, banks, and other financial institutions; adjacent to a 160-unit multifamily development.; Lot size expansion is possible.
    (402) 493-2800
    Request Owner's contact information
    Channel Rd And Victory Rd Norfolk, NE 68701
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Channel Rd And Victory Rd
    Norfolk, NE 68701
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Channel Rd And Victory Rd Norfolk, NE 68701
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.