Corner Retail and Medical
For Sale
Contact for pricing
1915 N Webb Rd, Grand Island, NE 68803
White box shell on a hard corner at a busy intersection, suited for custom medical office or retail build-out.
Property Size3,672 SF
Price / SF$217.86
Days on Market254
Property Features for 1915 N Webb Rd
General Information
Standard status
Active
Size
3,672 SF
Property subtype
RETAIL
Additional Details
Road Access
Yes
Listing Agency:
Colliers | Omaha
(402) 763-1753
Listed By:
Dave Ulferts · License #20200382
Source:
Moodyscre
Added: Nov 18, 2025
Changed: Jul 27
Last Checked: Jul 29 at 3:43PM
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 Colliers | Omaha
Investment Insights
Based on property information with market context.
This property is a white box shell ready for a customized build-out for medical office or retail use. The space is being offered as a blank-slate option for an owner or tenant to tailor to their specific layout and improvements.
The building sits on a hard corner at a busy intersection of State Street and Webb Road, supporting commercial visibility and easy access for customers and clients.
The developer has indicated willingness to build to suit, with options for sale or lease arrangements.
The building sits on a hard corner at a busy intersection of State Street and Webb Road, supporting commercial visibility and easy access for customers and clients.
The developer has indicated willingness to build to suit, with options for sale or lease arrangements.
Key Highlights
- White box shell building ready for custom medical office or retail build‑out
- Located on a hard corner at the busy intersection of State Street and Webb Road
- Suitable for uses including medical office, financial advisor, mortgage company, or title company
Financial Insights For Healthcare Medical
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $87.7k | $23.88 |
| − Vacancy | −$7.3k | −$1.98 |
| EGI | $80.4k | $21.90 |
| − OpEx | −$32.2k | −$8.76 |
| NOI | $48.2k | $13.14 |
3,672 SF · lease $23.88/SF/yr · vacancy 8.30% · expense 40.00%
Alternative Uses
Best Use
Healthcare Medical
$689.2K
$603.1K – $804.1K
NOI $48,246 @ 7.0% cap · market cap 6.03%
Second Best
Office B
$688.4K
$602.3K – $803.1K
NOI $48,185 @ 7.0% cap · market cap 6.02%
Theoretical Best
Office A
$919.0K
$804.1K – $1.07M
NOI $64,327 @ 7.0% cap · market cap 8.04%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
759
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 68803, NE
26,487
Population
11,188
Households
2.4
Avg Household Size
38
Median Age
25%
College-Educated
87%
High-School Grad
86.9 sq mi
ZIP Area
305
Density / Sq Mi
$70,040
Median Household Income
$44,795
Median Earnings
$888
Median Rent
$224,100
Median Home Value
Market
Vacancy Rate% for Office in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Family Pet Clinic — 2530 Diers Ave, Grand Island, NE 68803
- Petco Vaccination Clinic — 3430 State St, Grand Island, NE 68803
Frequently Asked Questions
What type of property is this?
Medical Office Space - White box shell on a hard corner at a busy intersection, suited for custom medical office or retail build-out.
Where is this medical office space located?
The property is located at 1915 N Webb Rd Grand Island, NE.
What is the asking price?
The asking price for this property is $799,999.
What are key features of this property?
This property features: White box shell building ready for custom medical office or retail build‑out; Located on a hard corner at the busy intersection of State Street and Webb Road; Suitable for uses including medical office, financial advisor, mortgage company, or title company
