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Property profile & analytics
OFF-MARKET
Land

2306 Michigan Ave Norfolk, NE 68701

1.62 ac lot
Property ID
Property summary
AI-generated overview

This 1.62-acre commercial and industrial lot is located in Norfolk, Nebraska's Bradford Business Park, at the northeast intersection of South 37th Street and West Omaha Avenue. The property, zoned I-1, is part of Phase 1, with 12 remaining lots available. All utilities are on-site, making this a truly shovel-ready opportunity. The lot's size is ideal for various industrial or heavy commercial uses. Its convenient location on the edge of Norfolk, within city limits, provides easy access to Highways 275 and 81, ensuring excellent transportation links. The asking price is $84,396. Larger lots, ranging from 1.6 acres to over 5 acres, are also available within the park, offering flexibility for businesses of all sizes. This is an exceptional opportunity for companies looking to expand, relocate, or establish a new presence in a thriving business park. The address is 2306 W Michigan Ave, Norfolk, NE 68701. This property presents a compelling investment opportunity in a strategic location with excellent infrastructure and accessibility.

Property profile
Verified
Property type Land
Lot 1.62 ac (70,567 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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