0 Tbd Norfolk Norfolk, NE 68701
This exceptional 27.77-acre commercial land parcel presents a remarkable investment opportunity in Norfolk, Nebraska. Strategically located on the west side of town, just south of Fountain Point, this property boasts unparalleled visibility and accessibility. Its prime location offers significant advantages for businesses seeking high traffic exposure, with easy access from Highway 275 and South 37th Street. The land is zoned commercial, simplifying the development process for a wide range of commercial ventures. The expansive acreage provides ample space for large-scale projects, allowing for significant flexibility in design and development. This is an ideal site for businesses seeking a prominent location with excellent highway visibility and convenient access to Norfolk's infrastructure. The asking price is $1,800,000. Tax Increment Financing (TIF) is available, potentially reducing development costs and making this an even more attractive investment. This property is situated in Madison County, Nebraska, with a zip code of 68701. The coordinates are 42.0327168 latitude and -97.4168171 longitude. Don't miss this chance to secure a prime piece of commercial real estate in a thriving Nebraska community.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.