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Property profile & analytics
OFF-MARKET
Land

0 27Th St Norfolk, NE 68701

1.23 ac lot
Property ID
Property summary
AI-generated overview

This exceptional commercial land offering presents a unique investment opportunity in Norfolk, Nebraska. Located on S 27th St, this property boasts prime highway frontage along Highway 275, providing unparalleled visibility and accessibility. The site encompasses a generous acreage ranging from 1.23 to 21.22 acres, offering flexibility for various development projects. Currently zoned AG, the land is slated for rezoning to MU, opening doors for a wide array of mixed-use developments. Ideal for retail users, including quick-service restaurants (QSR), big-box stores, fuel stations, food and entertainment venues, and hotels. The property's strategic location across from Faith Regional Hospital further enhances its appeal. Utilities are available for connection, and the seller will provide infrastructure. This development opportunity is further bolstered by its proximity to the Northeast Nebraska Youth Sports Association, adding to the area's vibrant community atmosphere. Land value ranges from $5 to $9 per square foot. This is a rare chance to secure a prominent location in a growing Nebraska market. Contact us today to explore the possibilities and secure your piece of this thriving commercial landscape.

Property profile
Verified
Property type Land
Lot 1.23 ac (53,579 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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