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

    3307 Michigan Ave Norfolk, NE 68701

    Sponsored
    For Sale
    $135,772

    Shovel-ready lot, prime location, I-1 zoning.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 2.61-acre commercial and industrial lot is situated in Norfolk, Nebraska's thriving Bradford Business Park, at the northeast intersection of South 37th Street and West Omaha Avenue. The property, legally described as Lot 13, is conveniently located within city limits, offering easy access to Highways 275 and 81. Zoned I-1, this "shovel-ready" site is perfectly suited for a variety of industrial or heavy commercial uses. All utilities are readily available on-site, minimizing development time and costs. This lot presents a unique opportunity for businesses seeking to expand, relocate, or establish a new presence in a strategic location. The Bradford Business Park offers a well-established infrastructure and a supportive business environment. This particular lot is part of Phase 1, with 12 additional lots remaining in this phase and a future Phase 2 planned. The asking price for this prime piece of land is $135,772. The property's address is 3307 W Michigan Ave, Norfolk, NE 68701, and is located in Madison County. Don't miss this chance to secure a highly desirable location for your next project.

    Property Features for 3307 Michigan Ave

    General Information

    Property type
    Land
    Lot Size
    113,692 SF
    Property Profile 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
    -97.443202
    Latitude
    42.0216834

    Nearby Comparable

    • $271,596
      5.22 Acres

      Norfolk Industrial Land - 5.22 Acres

      Shovel-ready lot, prime industrial location.
      3205 Michigan Ave, Norfolk, NE 68701
      View Details
    • $84,396
      1.62 Acres

      Norfolk Industrial Land - $84,396

      Shovel-ready lot, prime industrial location.
      2306 Michigan Ave, Norfolk, NE 68701
      View Details
    • $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
    • Contact for pricing
      1 SF

      Prime Retail Land For Sale

      Approximately one acre of retail land with highway visibility.
      506 S 25Th St, Norfolk, NE 68701
      View Details
    • Contact for pricing
      1.65 Acres

      Sunset Plaza: Prime Retail Land

      Norfolk, NE Shopping Center Redevelopment
      1700 Market Ln, 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
    • $97,032
      1.87 Acres

      Norfolk Industrial Land - $97K

      Shovel-ready lot, prime location, I-1 zoning.
      803 34Th St, Norfolk, NE 68701
      View Details
    • $116,376
      2.24 Acres

      Norfolk Industrial Land - $116K

      Shovel-ready, 2.24 acres, I-1 zoning.
      1103 34Th St, Norfolk, NE 68701
      View Details
    • $100,880
      1.94 Acres

      Norfolk Industrial Land - $100K

      Shovel-ready, 1.94 acres, I-1 zoning.
      1201 34Th St, Norfolk, NE 68701
      View Details
    • $104,520
      2.01 Acres

      Norfolk Industrial Land - $104,520

      Shovel-ready, 2.01-acre industrial lot.
      3406 Bradford Ave, Norfolk, NE 68701
      View Details
    • $83,512
      1.61 Acres

      Norfolk Industrial Land - $83,512

      1.61-acre lot, shovel-ready, I-1 zoning.
      3407 Bradford Ave, Norfolk, NE 68701
      View Details
    • $731,000

      Norfolk Industrial Land Opportunity

      I-1 Light Industrial zoned land near Hwy 81.
      See Legal, 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 - Shovel-ready lot, prime location, I-1 zoning.
    Where is this land located?
    The property is located at 3307 Michigan Ave Norfolk, NE.
    What is the asking price?
    The asking price for this property is $135,772.
    Request Owner's contact information
    3307 Michigan Ave 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.
    3307 Michigan Ave
    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
    3307 Michigan Ave 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.