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Property profile & analytics
OFF-MARKET
Commercial real estate

3407 Michigan Ave Norfolk, NE 68701

5.63 ac lot
Entity Owned 1-yr Hold
Property ID
US57-0376616
Property summary
AI-generated overview

This exceptional 5.63-acre commercial and industrial land parcel is ideally situated in Norfolk, Nebraska's Bradford Business Park, at the northeast intersection of South 37th Street and West Omaha Avenue. The property is part of Phase 1, with 12 remaining lots available, and a future Phase 2 planned. Zoned I-1, it's perfectly suited for industrial or heavy commercial development. All utilities are conveniently located on-site, making this a truly "shovel-ready" opportunity. The lot offers significant advantages due to its size and accessibility, being within Norfolk city limits and close proximity to Highways 275 and 81. This location provides excellent access to transportation networks, facilitating efficient logistics and distribution. The asking price for this expansive lot is $292,812. The property is easily configurable to meet diverse business needs, ranging from expansion projects to new business ventures. This presents a rare chance to acquire a strategically positioned lot in a thriving business park, offering significant potential for growth and return on investment. Contact us today to explore the possibilities.

Property profile
Verified
Property type Commercial real estate
Lot 5.63 ac (245,243 SF)
UPID US57-0376616
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
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
All City Suites & Storage Norfolk L · 1 yrs held
All City Suites & Storage Norfolk L
since 2025
1 recorded transaction
2025
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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