$600,000

702 Cedar Ave Laurel, NE 68745

Estimated payment $3,162/month

Total Views 7,671
27 Beds
35 Baths
1,978 Sq Ft
$303 Price per Sq Ft

About This Home

This expansive commercial property, formerly an assisted living facility, offers over 30,000 square feet of versatile space with endless potential. The layout and infrastructure make it an ideal candidate for redevelopment into apartments, a hotel, or office suites. With its size and flexible design, the property presents a rare chance for investors and developers to reimagine the space to meet today’s market demands. Whether you’re seeking a multi-family conversion, hospitality venture, or commercial office project, this building is a blank canvas ready to deliver strong returns. A true opportunity for visionaries looking to capitalize on a property with scale, adaptability, and prime potential.

Listing Agent

Tami White

Berkshire Hathaway Home Services Amb RE Norfolk License #20160520 Listed on: 09/15/2025

Berkshire Hathaway Home Services Amb RE Norfolk

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1978

Parking

  • 3 Car Garage

Home Design

  • Brick Exterior Construction

Additional Features

  • 27 Bedrooms
  • 2.57 Acre Lot

Listing and Financial Details

  • Assessor Parcel Number 0006924

Property Details

Home Type

Multi-Family

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Class: MULTI-FAMILY
  • Style: Other
  • Miscellaneous: Separate Meters, Common Wtr Htr, Common Heat, Individual Air, Comn Air Cond, Common Water Sftnr
  • Safety Features: Sprinkler Systm, Fire Alarm
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: None
  • Bedrooms: 27
  • Bathrooms: 35
  • Has Basement: No
  • Stories: One
  • Square Footage: 30,109
  • Unit Features: Carpet, Drapes, Comn Outsid Ent, Comn Util Room

Exterior Features

  • Construction: Brick
  • Roof: Fiberglass

Garage/Parking

  • Garage Capacity: 3
  • Garage Type: Other
  • Utilities Paid By Owner: Gas, Electric, Water, Garbage
  • Utilities Paid By Renter: None
  • Water And Sewer: City Water, City Sewer

Utilities

  • Utilities: One Meter

Lot Info

  • Lot Size: 2.57 Acres
  • Number Of Acres: 2.57
  • Parcel #: 0006924

Building Info

  • Year Built: 1978

Tax Info

  • Year: 2024

Map

Range of Values:

Collateral Analytics

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ICE

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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 -- $0 $0 $0
2023 $0 $0 $0 $0
2022 $0 $0 $0 $0
2021 $453 $0 $0 $0
2020 $453 $0 $0 $0
2019 $0 $0 $0 $0
2018 $0 $0 $0 $0
2017 $0 $0 $0 $0
2016 $0 $0 $0 $0
2015 -- $0 $0 $0
2014 -- $0 $0 $0
2013 -- $0 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/15/2025 09/15/25 For Sale $600,000 -- $303 / Sq Ft
Source: Norfolk Board of REALTORS®

About the Listing Agent

Tami White

Berkshire Hathaway Home Services Amb RE Norfolk

(402) 645-4126

Section Image

Tami White is a family-oriented REALTOR with expertise in the Northeast Nebraska area. Working for Berkshire Hathaway HomeServices Ambassador Real Estate is a prestigious position that helps you and your listing or buying options by having the best name in real estate behind you! Call today!

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Source: Norfolk Board of REALTORS®

MLS Number: 250670

Norfolk Board of REALTORS®

APN: 6924.00