0 27Th St Norfolk, NE 68701
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.
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
Similar Nearby for Sale
Similar Nearby for Lease
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.