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3729 Madison Avenue - Fountain Point Development, LLC

3.71 - 5.48 Acre Commercial Land Lots Offered at $1,194,375 - $1,290,000 Per Lot in Norfolk, NE 68701

Investment Highlights

  • Great Visibility off of Hwy 275.
  • TIF Eligible
  • High Traffic Area

Executive Summary

Lot 2 is right next to the Fountain Point Medical Community, offers great visibility from Hwy 275 with a roundabout at the intersection of Hwy 275 and S 37th St. This is across the street from The Heritage assisted living facility.
Lot 4 is directly south across the street from the Fountain Point Medical Center. It is also adjacent to The Heritage at Fountain Point which is an assisted living facility. Easy access off of S 40th St.

Property Facts

Price $1,194,375 - $2,484,375
Sale Type Investment
No. Lots 2
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Multifamily
  • Apartment Units - Condo
  • Convenience Store
  • Healthcare
  • Medical
Total Lot Size 9.19 AC
Opportunity Zone Yes

2 Lots Available

Lot 2

Price $1,290,000
Price Per AC $347,708.89
Lot Size 3.71 AC

Lot 2 is Blighted and TIF eligible. West 275 Redevelopment Area, Class C Zoning

Lot 4

Price $1,194,375
Price Per AC $217,951.64
Lot Size 5.48 AC

Lot 4 is Blighted and TIF eligible. West 275 Redevelopment Area, Class C Zoning

Description

Lot 2 is right next to the Fountain Point Medical Community, offers great visibility from Hwy 275 with a roundabout at the intersection of Hwy 275 and S 37th St. This is across the street from The Heritage assisted living facility. Lot 4 is 5.48 acres right across the road from Fountain Point Medical Center. It offers easy access off of Hwy 275 and S 37th St. or S 40th St. Site ready for your new office or multi-family apartments. Adjacent lot is the home of The Heritage assisted living facility.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
590288372
Land Assessment
$764,743
Improvements Assessment
$0
Total Assessment
$764,743

zoning

Zoning Code C (Class C-Blighted and TIF eligible.)
C (Class C-Blighted and TIF eligible.)
  • Listing ID: 32473083

  • Date on Market: 7/16/2024

  • Last Updated:

  • Address: 3729 Madison Avenue, Norfolk, NE 68701

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