1308 13th St Norfolk, NE 68701-2408
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
COMMERCIAL · Norfolk, NENorfolk. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.