510 MadisonNorfolk, NE 68701

  • Medical offices
  • 3,104 SF
Off market
$371,498 Estimated

Property Details for 510 Madison

Year built
1940
Lot size
0.33 AC
Property size (Sq ft)
3,104 SF
Zone code
COMMERCIAL
Property type
Medical offices
Property subtype
Medical centers
APN
590077783
APU
590077783

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $618,277
    6.5%
    $570,718
    7%
    $529,952
  • Comparable approach

    Method
    Valuation
    Relative Method
    $158,428
    Geo Method
    $158,428
  • Alternative Use

    Use
    Valuation
    Residential
    $707,690
    Hospitality
    $648,240
    Educational
    $539,328
    Medical
    $557,876
    Retail
    $838,955

Location Insight

City
Norfolk
County
Madison
State
Nebraska
Latitude
42.0318
Longitude
-97.4147
CBSA code
35740
CBSA name
NORFOLK, NE MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$8,168
$46,216
$325,282
$371,498
-
$46,216
$325,282
$371,498

FAQs

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