Office Building with Fenced
For Sale
Contact for pricing
1808 S Eddy St, Grand Island, NE 68801
Configured office property with meeting rooms, kitchen facilities, ADA restrooms, storage, parking, and a secured outdoor area.
Property Size9,750 SF
Price / SF$0.62
Days on Market54
Property Features for 1808 S Eddy St
General Information
Standard status
Active
Size
9,750 SF
Amenities
kitchen
cafeteria space
ADA bathrooms
storage space
fenced yard
Listing Agency:
Babcock Real Estate
Listed By:
Tracy Babcock · License #NE 20120066
(308) 390-5904
Source:
Exprealty
Added: Sep 8
Changed: Oct 25
Last Checked: Oct 30 at 6:21PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Babcock Real Estate
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Investment Insights
Based on property information with market context.
This 9,750-square-foot office building provides a substantial business layout with 11 private offices and 4 conference or cubicle rooms. Interior amenities include a kitchen, cafeteria area, 4 ADA-compliant bathrooms, and ample storage space. The property also includes parking and a fenced yard that can accommodate either a playground or additional parking.
Located at 1808 S Eddy St in Grand Island, NE, the building offers a dedicated commercial setting for an office operation requiring multiple work areas, meeting space, employee facilities, and outdoor flexibility.
Located at 1808 S Eddy St in Grand Island, NE, the building offers a dedicated commercial setting for an office operation requiring multiple work areas, meeting space, employee facilities, and outdoor flexibility.
Key Highlights
- 9,750‑square‑foot office building
- 11 offices and 4 conference or cubicle rooms
- Kitchen and cafeteria area included
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$127,942
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,558,840
$2.6M
Cap Rate 7%
$1,827,743
$1.8M
Cap Rate 9%
$1,421,578
$1.4M
Market Conditions
NOI Build-Up for 9,750 SF
Gross rent
$186.0K $19.08/SF
− Vacancy
−$15.4K −$1.58/SF
EGI
$170.6K $17.50/SF
− OpEx
−$42.6K −$4.37/SF
NOI
$127.9K $13.12/SF
Area
Hall County, NE
Vacancy
8.30%
Lease Rate
$19.08 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,558,840
Cap Rate 7%
$1,827,743
Cap Rate 9%
$1,421,578
Alternative Uses
Best Use
Office B
$1.83M
$1.60M – $2.13M
NOI $127,942 @ 7.0% cap · market cap 2,132.37%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.44M
$2.14M – $2.85M
NOI $170,804 @ 7.0% cap · market cap 2,846.73%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
260
Businesses Nearby
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Business Placement
Demographics for 68801, NE
30,440
Population
11,684
Households
2.6
Avg Household Size
34
Median Age
17%
College-Educated
81%
High-School Grad
90.0 sq mi
ZIP Area
338
Density / Sq Mi
$63,214
Median Household Income
$37,995
Median Earnings
$931
Median Rent
$186,600
Median Home Value
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Market
Vacancy Rate% for Office in Midwest region
Frequently Asked Questions
What type of property is this?
Office building - Configured office property with meeting rooms, kitchen facilities, ADA restrooms, storage, parking, and a secured outdoor area.
Where is this office building located?
The property is located at 1808 S Eddy St Grand Island, NE.
What are key features of this property?
This property features: 9,750‑square‑foot office building; 11 offices and 4 conference or cubicle rooms; Kitchen and cafeteria area included
