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    361 N Walnut St Grand Island, NE 68801

    For Sale
    $849,000

    Warehouse - Grand Island, NE

    Type:Warehouse
    Property size:
    10,880 SF
    Lot size:
    2.49 Acres
    Days on Market:
    268
    Last Refresh:
    Dec 5 at 7:06 pm

    Property Features for 361 N Walnut St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Warehouse
    Standard status
    Active
    Zoning
    M3
    APN
    400003465
    Parking features
    Paved or Surfaced
    Size
    10,880 SF
    Lot size
    2.49 Acres

    Utilities

    Heating system
    Forced Air, Natural Gas
    Cooling system
    None (Cooling)

    Building Details

    Year built
    1934
    Flooring type
    Concrete, Wood
    Building materials
    Block
    Roof type
    Flat
    Architectural style
    Other

    Nebraska Realty (402) 491-0100

    Listing agent Ruby Sciuga (308) 395-7022

    Listing date Mar 13, 2025

    MLS# 20241985 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 Warehouse with Upgrades

    The property is a warehouse located in Grand Island, Nebraska. The building has undergone several upgrades, including new mortar with fiberglass mesh on the exterior, new exterior lights, and new exterior windows, some with reinforced bars. The electrical and gas lines are also new. The lot, which measures 2.488 acres, has been filled, compacted, and graded with crushed concrete, and new paving has been installed along the building. Footers are in place for a planned steel building measuring 78 x 130. Access is available from Pine Street and Walnut Street. The warehouse features two overhead doors, one manual and one remote-controlled. A security system is included with the property. The building size is 10,880 square feet and the zoning is M3.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Warehouses

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Similar Places Nearby

    Steadfast Storage, Buck's Moving & Storage, Marlin KeepSafe Self-Storage

    Location Insight

    • Map
    • Local Demand
    City
    Grand Island
    County
    Hall
    State
    Nebraska
    Longitude
    -98.343203
    Latitude
    40.927062

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    FAQs

    What type of property is this?
    Warehouse - Upgraded warehouse on a large lot with development potential.
    Where is this warehouse located?
    The property is located at 361 N Walnut St Grand Island, NE.
    What is the asking price?
    The asking price for this property is $849,000.
    What are key features of this property?
    This property features: - Footers installed for a steel building (78 x 130).; - New mortar with fiberglass mesh on the entire exterior.; - New electric and gas lines.
    (308) 395-7022
    Request Owner's contact information
    361 N Walnut 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
    361 N Walnut St Grand Island, NE 68801
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