2306 Michigan Ave Norfolk, NE 68701
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.
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.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.