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Property profile & analytics

1308 13th St Norfolk, NE 68701-2408

  • Day care centers
  • 4,000 SF
  • 0.76 lot acres
OFF-MARKET
Value Estimation
$255,000
Location Intelligence
Property ID
US57-0611926
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Day care centers

Property Details for 1308 13th St

Year built
1990
Lot size
0.76 lot acres
Property size
4,000 SF
Zone code
COMMERCIAL
Property type
Day care centers
APN
590238825
APU
590238825

Description

This single-story, 4,000 square foot commercial building located at 1308 N 13th St, Norfolk, NE 68701, is offered for sale at $500,000. Built in 1990, the property is zoned 590238825 and currently operates as a daycare center, though its adaptable design makes it suitable for various office uses, including creative, medical, or traditional office spaces. The building features a built-in security system, a spacious kitchen area, and a large fenced-in yard. Fifteen parking spaces are available on-site. The property is well-maintained and meets all current daycare licensing requirements, presenting a seamless transition for a similar business or an opportunity to repurpose the space. The daycare business itself is also available for purchase separately, providing a potential turnkey operation. This property offers a unique blend of flexibility and security in a well-established location within Madison County, Nebraska. The building's versatile layout and ample outdoor space provide significant potential for a variety of commercial ventures. Serious inquiries are encouraged.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $260,000
  • CAP approach

    CAP return
    Estimation
    6%
    $225,000
    6.5%
    $240,000
    7%
    $220,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $260,000
    Geo Method
    $235,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $250,000
    Retail
    $220,000
    Mixed-Use
    $235,000
    Hospitality
    $250,000
    Educational
    $245,000
    Residential Income
    $195,000
    Energy
    $195,000
    Income-Based Land
    $205,000
    Food Service
    $240,000

Location Insight

  • Map
  • Local Demand
City
Norfolk
County
Madison
State
Nebraska
Longitude
-97.4254
Latitude
42.0481
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
$6,671
$159,210
$201,609
$360,819
-
$159,210
$201,609
$360,819
More about this property
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