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Property profile & analytics
FOR SALE
Commercial land

1317 W Norfolk Ave Norfolk, NE 68701

1.05 ac lot
Individually Owned 17-yr Hold ~ Est. High Equity
Property ID
US57-0736607
1317 W Norfolk Ave, Norfolk, NE 68701 For Sale
Contact for pricing
1317 W Norfolk Ave, Norfolk, NE 68701
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Property summary
AI-generated overview

This exceptional 1.05-acre commercial land parcel, located at 1317 W. Norfolk Ave in Norfolk, Nebraska (zip code 68701), presents a remarkable investment opportunity. Zoned CC, this property boasts unparalleled visibility and accessibility, situated at the intersection of W. Norfolk Avenue and N. 13th Street. The high-traffic location benefits from an estimated 28,000 vehicles passing daily, ensuring significant exposure for any commercial venture. Its strategic position places it within minutes of major retailers including CVS, Walgreens, Hy-Vee, Menards, Walmart, Kohl's, and BankFirst, guaranteeing a robust customer base. This prime location in the heart of Norfolk offers exceptional potential for a variety of commercial uses, from small office spaces to kiosks, making it an ideal investment for entrepreneurs and businesses seeking a high-visibility presence in a thriving community. The asking price for this exceptional property is $115,000. Don't miss this chance to secure a piece of Norfolk's vibrant commercial landscape.

Property profile
Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 1.05 ac (45,535 SF)
Zoning code COMMERCIAL
APN 590035239
UPID US57-0736607
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Jennifer J Wheelen · 17 yrs held
Jennifer J Wheelen
since 2008
2 recorded transactions
2008
$84,000
2006
Price N/A
Zoning & alternative use
COMMERCIAL · Norfolk, NE
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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