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    1600 1St St Norfolk, NE 68701

    Sponsored
    For Sale
    Contact for pricing

    Prime Norfolk, NE commercial/industrial land.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 1.59-acre property, located at 1600 S 1st St in Norfolk, Nebraska (zip code 68701), presents a unique investment opportunity. Comprising five combined parcels, this land offers excellent accessibility, situated just a quarter-mile south of US Highway 275. This strategic location provides convenient access to Norfolk and its surrounding communities, making it ideal for a variety of commercial and industrial uses. The property's versatility allows for significant development potential, catering to businesses seeking a strategic location for growth. The site's adaptability makes it suitable for owner-users looking to establish their operations in a well-connected area. Note that the adjacent Norfolk Livestock Auction Land is also available for purchase, offering potential for expansion or synergistic development. This offering represents a compelling chance to secure a substantial land parcel in a thriving Nebraska community. The property's location and size make it an attractive option for businesses seeking a prominent presence in the Norfolk area. Detailed site plans and zoning information are available upon request.

    Property Features for 1600 1St St

    General Information

    Property type
    Land
    Lot Size
    69,260 SF

    HighLights

    • 1.59‑acre commercial/industrial land parcel in Norfolk, Nebraska.
    • Located a quarter mile south of US‑275, offering excellent accessibility.
    • Suitable for a variety of commercial and industrial uses.
    • Adjacent property (Norfolk Livestock Auction Land) also available.
    • Strategic location with site versatility and growth potential.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Norfolk
    County
    Madison
    State
    Nebraska
    Longitude
    -97.407100549972
    Latitude
    42.014192876191

    Nearby Comparable

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      32.00 Acres

      Norfolk Industrial Land: 32 Acres

      Prime Norfolk, NE industrial land – ideal for development.
      1601 1St St, Norfolk, NE 68701
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      Land Parcels in Norfolk, Nebraska

      Five land parcels available near US 275 in Norfolk.
      117 Washington Ave, Norfolk, NE 68701
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      228,882 SF

      Norfolk Industrial Property - 228,882 SF

      Prime Nebraska industrial space; flexible lease terms.
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      71,974 SF

      Norfolk Land Parcel For Sale

      Land parcel available in Norfolk, Nebraska.
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      1.65 Acres

      Sunset Plaza: Prime Retail Land

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      Victory Village Outlot: Prime Commercial Land

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      Prime Commercial Land Opportunity

      Commercial land with high visibility and exposure in Norfolk.
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    • $115,000
      1.05 Acres

      Norfolk Commercial Land - $115K

      Prime 1.05-acre commercial lot in Norfolk, NE.
      1317 Norfolk Ave, Norfolk, NE 68701
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    • $271,596
      5.22 Acres

      Norfolk Industrial Land - 5.22 Acres

      Shovel-ready lot, prime industrial location.
      3205 Michigan Ave, Norfolk, NE 68701
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    • $135,772
      2.61 Acres

      Norfolk Industrial Land - $135K

      Shovel-ready lot, prime location, I-1 zoning.
      3307 Michigan Ave, Norfolk, NE 68701
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    • $84,396
      1.62 Acres

      Norfolk Industrial Land - $84,396

      Shovel-ready lot, prime industrial location.
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    • $112,528
      2.16 Acres

      Norfolk Industrial Land - $112,528

      2.16-acre shovel-ready industrial lot.
      3306 Michigan Ave, 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
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      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 - Prime Norfolk, NE commercial/industrial land.
    Where is this land located?
    The property is located at 1600 1St St Norfolk, NE.
    What are key features of this property?
    This property features: 1.59-acre commercial/industrial land parcel in Norfolk, Nebraska.; Located a quarter mile south of US-275, offering excellent accessibility.; Suitable for a variety of commercial and industrial uses.
    Request Owner's contact information
    1600 1St St 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
    1600 1St St Norfolk, NE 68701
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