816, 818, 820 S 8th St

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816, 818, 820 S 8th St

Norfolk, NE 68701
Asking Price
Contact for price
Asset Type
Special-purpose
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Special-purpose property located at 816, 818, and 820 S 8th St.
  • Located in the commercial hub of Norfolk, Nebraska, 68701.
  • Versatile layout suitable for a variety of specialized business uses.
  • Positioned within an established regional market in northeast Nebraska.
  • Available for purchase as a combined special-purpose asset site.

What's Special

The properties at 816, 818, and 820 S 8th St comprise a special-purpose asset located in Norfolk, Nebraska. Situated within the 68701 zip code, this site provides a versatile footprint for investors or owner-occupants looking to establish a foothold in a steady regional market. The city of Norfolk serves as a primary hub for commerce and industry in northeast Nebraska, benefiting from regional connectivity and a diverse economic base that supports a variety of service-oriented and commercial enterprises. Given the specific layout of these units, the property is suitable for adaptive reuse projects or business operations that require unique spatial configurations. The central location offers accessibility within the local community, making it a functional choice for entities seeking a dedicated space for specialized business activities. Prospective buyers should evaluate the site's potential for renovation or reconfiguration to align with modern operational requirements within this growing market.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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