1710 Market LnNorfolk, NE 68701

  • Land
  • 1.36 AC
For Lease

Property Details for 1710 Market Ln

Lot size
1.36 AC
Zone code
COMMERCIAL
Property type
Land
Property subtype
Commercial land
APN
590304046
APU
590304046

Description

This exceptional retail opportunity presents a single-story, 3,305-square-foot building situated on a 1.26-acre lot. Currently vacant, the property is ideally suited for a variety of retail or restaurant uses, offering significant potential for a new tenant. The building is classified as Class B and features two suites, currently available as a single, large space. There are no elevators. The property boasts a high-traffic location, benefiting from its proximity to a Target store and a Fortune 500 company, Nucor Steel. The presence of Faith Regional Hospital and Northeast Community College, along with three area high schools, ensures a substantial and diverse customer base. The site also includes a Wells Fargo ATM, adding further convenience and visibility. This property is available for lease or build-to-suit, providing flexibility for potential tenants to customize the space to meet their specific needs. The ample land area offers significant expansion possibilities. This is a rare opportunity to secure a prime retail location in a thriving community with strong demographics and high foot traffic. The property's strategic location and existing infrastructure make it an attractive investment for businesses seeking to establish a strong presence in this area.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $13,546,629
    Hospitality
    $12,408,639
    Educational
    $10,323,842
    Medical
    $10,678,895
    Retail
    $16,059,310
1710 Market Ln, Norfolk, Nebraska
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Location Insight

City
Norfolk
County
Madison
State
Nebraska
Latitude
42.0203
Longitude
-97.434
CBSA code
35740
CBSA name
NORFOLK, NE MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$7,330
$396,494
-
$396,494
-
$396,494
-
$396,494

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