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    1710 Market Ln Norfolk, NE 68701

    For Lease
    Contact for pricing

    Prime Retail Space, 3,305 SF, 1.26 Acres

    Lot size:
    3,305 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional retail opportunity presents a single-story, 3,305-square-foot building situated on a 1.26-acre lot. Currently vacant, the property is ideally suited for a variety of retail or restaurant uses, offering significant potential for a new tenant. The building is classified as Class B and features two suites, currently available as a single, large space. There are no elevators. The property boasts a high-traffic location, benefiting from its proximity to a Target store and a Fortune 500 company, Nucor Steel. The presence of Faith Regional Hospital and Northeast Community College, along with three area high schools, ensures a substantial and diverse customer base. The site also includes a Wells Fargo ATM, adding further convenience and visibility. This property is available for lease or build-to-suit, providing flexibility for potential tenants to customize the space to meet their specific needs. The ample land area offers significant expansion possibilities. This is a rare opportunity to secure a prime retail location in a thriving community with strong demographics and high foot traffic. The property's strategic location and existing infrastructure make it an attractive investment for businesses seeking to establish a strong presence in this area.

    Property Features for 1710 Market Ln

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    3,305 SF
    Class
    B

    Building Details

    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    1
    Size
    3,305 SF

    HighLights

    • Retail, restaurant, and office space totaling 3,305 square feet available in a multi‑tenant building.
    • The property consists of two suites, both currently vacant.
    • The 1.26‑acre site offers a build‑to‑suit opportunity.
    • The property features a Wells Fargo ATM.
    • High‑traffic location near Target, Nucor Steel, Faith Regional Hospital, and Northeast Community College, with three area high schools.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Norfolk
    County
    Madison
    State
    Nebraska
    Longitude
    -97.433886986076
    Latitude
    42.020055046736

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    FAQs

    What type of property is this?
    Restaurant - Prime Retail Space, 3,305 SF, 1.26 Acres
    Where is this restaurant located?
    The property is located at 1710 Market Ln Norfolk, NE.
    What are key features of this property?
    This property features: Retail, restaurant, and office space totaling 3,305 square feet available in a multi-tenant building.; The property consists of two suites, both currently vacant.; The 1.26-acre site offers a build-to-suit opportunity.
    Request Owner's contact information
    1710 Market Ln Norfolk, NE 68701
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    Norfolk, NE 68701
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    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
    1710 Market Ln Norfolk, NE 68701
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