$706,402

1201 S Victory Rd Norfolk, NE 68701

Estimated payment $3,829/month

Total Views 2,462
2.32 Acres
$304,484 Price per Acre
101,059 Sq Ft Lot

About This Lot

Prime Commercial Lot with Highway Frontage – Lot 4 Opportunity awaits with this C-3 zoned lot located just off Highway 275 and Victory Road! All utility infrastructure is in place, and this lot is eligible for Tax Increment Financing (TIF), offering a valuable incentive for your next project. Whether you're planning a retail space, office building, or other commercial venture, Lot 4 offers excellent visibility and high-traffic exposure in one of Norfolk’s most active corridors. Don’t miss your chance to secure a spot in a rapidly developing area with unbeatable access and flexibility.

Listing Agent

Russ Wilcox

Real Estate Solutions Team License #20170232 Listed on: 05/16/2025

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $796

Lot Details

  • 2.32 Acre Lot
  • Property fronts a highway

Utilities

  • Gas Available

Listing and Financial Details

  • Assessor Parcel Number 590329261

Property Details

Property Type

Land

Est. Annual Taxes

$796

Lot Details

0

Listing Details

  • Class: LAND
  • Residence: No
  • Business District: 1-5 Miles
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Estimated Sq Ft: 101059

Exterior Features

  • Road Frontage: State Highway, City
  • Flood Zone: No
  • Road Surface: Concrete
  • Type Water: City

Garage/Parking

  • Gas 2: City

Utilities

  • Water: City
  • Electric: Yes
  • Gas Company: No
  • Sewer: City
  • Sewer: City

Lot Info

  • Lot Size: 2.32
  • Number Of Acres: 2.32
  • Parcel #: 590329261
  • Easements: Deed Restrict
  • Land Use: Other
  • Lot Improvement: Curbs & Gutters, Storm Drains, Rough Grade
  • L O T L O C A T I O N: Commercial
  • Lot Size2: 1-5 Acres

Tax Info

  • Year: 2024
  • Taxes: 795.68

Map

Range of Values:

Collateral Analytics

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ICE

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Quantarium

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $796 $58,423 $58,423 $0
2023 $540 $29,211 $29,211 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/16/2025 05/16/25 For Sale $706,402 -- --
Source: Norfolk Board of REALTORS®

Source: Norfolk Board of REALTORS®

MLS Number: 250392

Norfolk Board of REALTORS®

APN: 590329261

Nebraska Madison County Norfolk 68701

1201 S Victory Rd, Norfolk, NE

This home is located at 1201 S Victory Rd, Norfolk, NE 68701 and is currently priced at $706,402. 1201 S Victory Rd is a home located in Madison County with nearby schools including Norfolk Senior High School, Christ Lutheran School, and Keystone Christian Academy.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Norfolk Board of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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Russ Wilcox
Listing Agent
Russ Wilcox
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Real Estate Solutions Team
(402) 624-4745