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3911 W Madison Ave - Fountain Point Development LLC

5.48 Acres of Commercial Land Offered at £943,568 in Norfolk, NE 68701

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Investment Highlights

Great Visibility off of Hwy 275
Adjacent to The Heritage assisted living facility.

Across the street from Fountain Point Medical Center
TIF Eligible

Executive Summary

Lot 4 is Blighted and TIF eligible.

170728_Final Plat_61246

Property Facts

Price	£943,568	Property Subtype	Commercial
Sale Type	Investment	Proposed Use	Commercial Multifamily Apartment Units - Condo Healthcare Medical
No. Lots	1	Total Lot Size	5.48 AC
Property Type	Land	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

Price	£943,568
Sale Type	Investment
No. Lots	1
Property Type	Land
Property Subtype	Commercial
Proposed Use	Commercial Multifamily Apartment Units - Condo Healthcare Medical
Total Lot Size	5.48 AC
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

1 Lot Available

Lot 4

Price	£943,568	Lot Size	5.48 AC
Price Per AC	£172,184

Price	£943,568
Price Per AC	£172,184
Lot Size	5.48 AC

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.

Description

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.

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3911 W Madison Ave, Norfolk, NE - aerial map view

PROPERTY TAXES

Parcel Number	590288388	Improvements Assessment	£0
Land Assessment	£322,481	Total Assessment	£322,481

PROPERTY TAXES

Parcel Number

590288388

Land Assessment

£322,481

Improvements Assessment

£0

Total Assessment

£322,481

zoning

Zoning Code	C (Blighted and TIF eligible.)
C (Blighted and TIF eligible.)

Listing ID: 32473210
Date on Market: 16/07/2024
Last Updated:
Address: 3911 W Madison Ave, Norfolk, NE 68701

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3911 W Madison Ave, Norfolk, NE for sale Aerial- Image 1 of 3 — DJI_20240619121008_0172_D

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