1600 Pne Industrial Rd Norfolk, NE 68701-6572
This expansive 228,882 square foot retail property, situated on a 17.4-acre lot in Norfolk, Nebraska, presents a unique investment opportunity. Built in 1962 and zoned for heavy industrial use, this single-tenant building is currently vacant and offers significant flexibility for a wide range of commercial enterprises. Its previous use as a Tyson freezer/refrigerated cold storage facility provides a solid foundation for various adaptations. The property's location along Highway 275 in Norfolk, a regional economic center, offers excellent access and visibility. Norfolk boasts a robust industrial base, including prominent companies like Nucor Steel, Continental Tires, and others, creating a strong potential market for this substantial space. The property's size allows for customization to suit diverse needs, whether long-term or short-term occupancy. An additional 32 acres of adjacent land are also available for purchase, providing further expansion possibilities. This prime location and substantial square footage make this property an exceptional opportunity for businesses seeking a significant presence in a thriving Nebraska market. The property is located in Madison County, Nebraska, with a zip code of 68701.
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
INDUSTRIAL · 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.