Property profile

1104 1st St Norfolk, NE 68701

OFF-MARKET
Warehouses
Property ID
US57-0881090
7,200 SF 5.44 ac lot Built 1975
Entity Owned 21-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1975
Construction FRAME
Total area 7,200 SF
Lot 5.44 ac (236,965 SF)
Zoning code COMMERCIAL
APN 590189743
UPID US57-0881090

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1104 1st St Norfolk, NE 68701-2926
Norfolk metro Census 960700 NORFOLK, NE MICROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$440k
CAP Approach CAP
by Request
Comparable Approach Comparable
$635k
Blend (final) Blend
$440k

Owner & transaction history

since 2005
1 recorded transaction
2005
$255,000

Zoning & alternative use

COMMERCIAL · Norfolk, NE
Top alternative use upside
Apartment house (5+ units) $810,000 +89.5%
Office building $805,000 +88.2%
Restaurant $715,000 +66.9%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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