1600 1st St Norfolk, NE 68701-6408
This exceptional 1.59-acre property, located at 1600 S 1st St in Norfolk, Nebraska (zip code 68701), presents a unique investment opportunity. Comprising five combined parcels, this land offers excellent accessibility, situated just a quarter-mile south of US Highway 275. This strategic location provides convenient access to Norfolk and its surrounding communities, making it ideal for a variety of commercial and industrial uses. The property's versatility allows for significant development potential, catering to businesses seeking a strategic location for growth. The site's adaptability makes it suitable for owner-users looking to establish their operations in a well-connected area. Note that the adjacent Norfolk Livestock Auction Land is also available for purchase, offering potential for expansion or synergistic development. This offering represents a compelling chance to secure a substantial land parcel in a thriving Nebraska community. The property's location and size make it an attractive option for businesses seeking a prominent presence in the Norfolk area. Detailed site plans and zoning information are available upon request.
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, NECosts & 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.