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 Market347
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) 345-5866
Listed By:
Dave Ulferts · License #20200382
(402) 763-1753
Source:
Moodyscre
Added: Nov 18, 2025
Changed: Oct 26
Last Checked: Oct 30 at 3:10PM
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
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
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
Estimated NOI and Cap Rate
NOI / Yr
$48,246
Cap Rate
6.03%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$964,920
$964.9K
Cap Rate 7%
$689,229
$689.2K
Cap Rate 9%
$536,067
$536.1K
Market Conditions
NOI Build-Up for 3,672 SF
Gross rent
$87.7K $23.88/SF
− Vacancy
−$7.3K −$1.98/SF
EGI
$80.4K $21.90/SF
− OpEx
−$32.2K −$8.76/SF
NOI
$48.2K $13.14/SF
Area
Hall County, NE
Vacancy
8.30%
Lease Rate
$23.88 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$964,920
Cap Rate 7%
$689,229
Cap Rate 9%
$536,067
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.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open 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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in Midwest region
Similar Off Market Nearby
- Petco Vaccination Clinic — 3430 State St, Grand Island, NE 68803
- Family Pet Clinic — 2530 Diers Ave, 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
