1015 Magnet DrNorfolk, NE 68701

Property Details for 1015 Magnet Dr

Lot size

105.96 AC

Zone code

INDUSTRIAL

Property type

Land

Property subtype

Commercial land

APN

590163825

APU

590163825

Description

This exceptional 105.96-acre industrial property in Norfolk, Nebraska, presents a unique development opportunity. Located at 1015 Magnet Drive (APN 590163825), this parcel is zoned I-3 and boasts extensive pre-development groundwork, including completed grading. Utilities are readily available, featuring gas service from Black Hills Energy, electrical service from NPPD, and water and sewer services provided by the City of Norfolk. The property benefits from a rail siding served by the Nebraska Central Railroad, ensuring efficient transportation logistics. Its strategic location provides easy access to Highways 81 and 275, enhancing connectivity and distribution capabilities. Furthermore, this site is conveniently situated just six miles from the Norfolk Regional Airport, offering additional logistical advantages. The property is eligible for Tax Increment Financing (TIF), making it a financially attractive proposition. This expansive tract represents a significant opportunity for industrial development in a well-established and accessible location. Serious inquiries are encouraged.

• Alternative Use

  Use

  Valuation

  Residential

  $1,052,305,216

  Hospitality

  $963,905,920

  Educational

  $801,958,400

  Medical

  $829,539,008

  Retail

  $1,247,490,816

Location Insight

City

Norfolk

County

Madison

State

Nebraska

Latitude

42.0592

Longitude

-97.3925

CBSA code

35740

CBSA name

NORFOLK, NE MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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