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Property profile & analytics
OFF-MARKET Estimated value $1,160,000
Commercial real estate

106 5th St Edgar, NE 68935-3156

18,439 SF 2.45 ac lot Built 1971
Entity Owned 10-yr Hold Free & Clear
Property ID
US57-0786610
Property summary
AI-generated overview

This exceptional investment opportunity presents a substantial 18,000-square-foot warehouse situated on a generous 2.45-acre lot in Edgar, Nebraska. Located at 106 5th Street, zip code 68935, this property offers significant potential for a variety of uses. Previously utilized as a nursing home, the building boasts 26 rooms, each with a private bathroom, along with a fully equipped kitchen, laundry room, dining room, gathering room, multiple offices, a reception area, and ample storage space. The high ceilings range from 8 to 10 feet, providing versatile storage and operational capabilities. The property also includes a convenient parking lot, a large two-car garage, and an outdoor patio area. The building is being sold "as is," presenting a unique chance to acquire a substantial property at a competitive price. Its size and diverse layout offer numerous possibilities for redevelopment or repurposing. This is an ideal opportunity for investors seeking a large-scale property with significant upside potential in a desirable Nebraska location. The property's substantial size and existing infrastructure make it an attractive option for various commercial ventures. Serious inquiries are encouraged to explore the full potential of this unique offering.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1971
Total area 18,439 SF
Lot 2.45 ac (106,800 SF)
Zoning code 03-COMMERCIAL
APN 521300
UPID US57-0786610
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.16M
Owner & transaction history
Perez Assisted Living INC · 10 yrs held
Perez Assisted Living INC
since 2016
2 recorded transactions
2016
Price N/A
2010
Price N/A
Zoning & alternative use
03-COMMERCIAL · Edgar, NE
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Warehouse, storage $1.7M +2.9%
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