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- LoopNet Team
1600 S Pine Industrial Rd
Norfolk, NE 68701
Ideal for Cold Storage and Food Processing · Industrial Property For Sale
INVESTMENT HIGHLIGHTS
- Located in a Qualified Opportunity Zone with significant tax advantages available!
- 50,000± SF freezer storage potential
- 100,000-gallon hot water storage tank and 150,000-gallon wastewater storage tank
- Pre-cast construction with reinforced concrete floors
- 25-foot clear heights
- Potential for railway connection
PROPERTY FACTS
AMENITIES
- Fenced Lot
- Floor Drains
- Security System
- Yard
UTILITIES
- Gas
- Water - City
- Sewer - City
ABOUT 1600 S PINE INDUSTRIAL RD , NORFOLK, NE 68701
This is a court-ordered bankruptcy sale of a 228,000± SF industrial cold storage facility in Norfolk, NE. With an attractive minimum qualifying offer of $2,500,000 (under $11/SF), this opportunity zone property sits on a 17± AC parcel and is the ideal property to fill high cold storage demand in the region. Norfolk is situated directly in between the two longest east-to-west interstate systems in the nation (I-80 & I-90) as well as 60 minutes from the north-to-south running I-29. This Northeast Nebraska town of about 25,000 is a regional retail and medical services leader. Good industrial diversification includes steel production and fabrication, injection molded plastics, industrial hose production, agriculture and food processing. Manufacturing employs more than 4,000 people in the area.
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $804,979 | |
| Land Assessment | $352,899 | Total Assessment | $1,157,878 |
PROPERTY TAXES
