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    Property profile & analytics

    2206 Market Ln Norfolk, NE 68701-4613

    • Hotels
    • 34,456 SF
    • 1.09 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US57-0565117
    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

    • Hotels

    Property Details for 2206 Market Ln

    Year built
    1999
    Lot size
    1.09 lot acres
    Property size
    34,456 SF
    Zone code
    COMMERCIAL
    Property type
    Hotels
    APN
    590174207
    APU
    590174207

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Norfolk
    County
    Madison
    State
    Nebraska
    Longitude
    -97.4398
    Latitude
    42.0241
    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
    $44,639
    $323,576
    $2,090,973
    $2,414,549
    -
    $323,576
    $2,090,973
    $2,414,549

    Comparable in this City

    • Value Estimation by Request
      13,500 SF

      1223 Omaha Ave

      HOTEL • 13,500 SF
      1223 Omaha Ave, Norfolk, NE 68701-5770
      View Details
    • Value Estimation by Request
      64,515 SF

      4140 Norfolk Ave

      HOTEL • 64,515 SF
      4140 Norfolk Ave, Norfolk, NE 68701-9216
      View Details
    • Value Estimation
      $685,000
      55,680 SF

      1302 Cyhawk Loop

      HOTEL • 55,680 SF
      1302 Cyhawk Loop, Norfolk, NE 68701-1617
      View Details
    • Value Estimation
      $9,075,000
      45,544 SF

      904 20th St

      HOTEL • 45,544 SF
      904 20th St, Norfolk, NE 68701-4553
      View Details
    • Value Estimation
      $250,000
      980 SF

      407 13th St

      HOTEL • 980 SF
      407 13th St, Norfolk, NE 68701-3713
      View Details
    • Value Estimation by Request
      18,268 SF

      1001 Omaha Ave

      HOTEL • 18,268 SF
      1001 Omaha Ave, Norfolk, NE 68701-5700
      View Details

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    Similar Nearby for Lease

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      3,305 SF

      High-Traffic Retail Outlot Available

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    Property Visit Statistics

    • Visits by month
      1.5k
    • Visitors by month
      1.2k
    • Avg Time on site
      22 min
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    2206 Market Ln
    Norfolk, NE 68701-4613
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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