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    1203 W 2Nd St Grand Island, NE 68801

    New
    For Sale
    $825,000

    Commercial - Grand Island, NE

    Property size:
    9,952 SF
    Lot size:
    0.39 Acres
    Days on Market:
    6
    Last Refresh:
    Dec 13 at 8:06 pm

    Property Features for 1203 W 2Nd St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    B@
    Rooms
    Basement
    APN
    400009676
    Basement Y/N
    1
    Size
    9,952 SF
    Lot size
    0.39 Acres

    Utilities

    Heating system
    Forced Air, Natural Gas
    Cooling system
    Central Air

    Building Details

    Year built
    1978
    Floors in Building
    2
    Number of units
    1
    Flooring type
    Concrete, Wood
    Building materials
    Brick, Frame
    Roof type
    Other
    Architectural style
    Other

    Da-Ly Realty & Insurance, Inc. (308) 384-1101 [email protected]

    Listing agent Jeffrey Reed (308) 384-1101

    Listing date Dec 8, 2025

    MLS# 20250161 Listing URL

    Copyright © 2025 Grand Island Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Grand Island Commercial Property

    This commercial property is located in Grand Island, Nebraska. The property has a size of 9952 square feet and is situated on a 0.39-acre lot. The zoning is designated as B@.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Luth Marcy J ... Certified Public Accountant Almquist Galloway Maltzahn: ... Accountant AMGL - CPA's & Advisors Tax Preparation Service Ashby Heidi CPA Accountant Shenk Christine CPA Accountant

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Grand Island
    County
    Hall
    State
    Nebraska
    Longitude
    -98.351585
    Latitude
    40.919667

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    FAQs

    What type of property is this?
    Specialty property - Commercial property for sale in Grand Island, Nebraska.
    Where is this specialty property located?
    The property is located at 1203 W 2Nd St Grand Island, NE.
    What is the asking price?
    The asking price for this property is $825,000.
    What are key features of this property?
    This property features: - Basement: Offers additional living or storage space.; - Stay cool with Central Air.; - Natural Gas Heating: Offers efficient and cost-effective heating.
    (308) 384-1101
    Request Owner's contact information
    1203 W 2Nd St Grand Island, NE 68801
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    Grand Island, NE 68801
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1203 W 2Nd St Grand Island, NE 68801
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