Build-to-Suit Office-Retail Corner
For Sale
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1915 N Webb Rd, Grand Island, NE 68803
Build-to-suit on a hard corner of State Street and Webb Road with planned delivery in late 2026.
Property Size4,351 SF
Price / SF$185
Days on Market354
Property Features for 1915 N Webb Rd
General Information
Standard status
Active
Size
4,351 SF
Property subtype
RETAIL
Listing Agency:
Colliers | Omaha
(402) 345-5866
Listed By:
Dave Ulferts · License #20200382
(402) 763-1753
Source:
Moodyscre
Added: Nov 18, 2025
Changed: Oct 25
Last Checked: Nov 4 at 4:12PM
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
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Investment Insights
Based on property information with market context.
This build-to-suit commercial corner property is designed for customization to retail or office needs, with an initial plan to hold up to three suites. The intended flexibility supports a range of professional users, including medical office, financial advisor, mortgage, or title company.
The building site will sit on the hard corner of the busy intersection of State Street and Webb Road. Expected late 2026 delivery provides a defined timeline for planning tenant improvements and occupancy.
Purchase or lease options are described for the build-to-suit approach, with a flexible layout intended to accommodate multiple suites within the initial concept.
The building site will sit on the hard corner of the busy intersection of State Street and Webb Road. Expected late 2026 delivery provides a defined timeline for planning tenant improvements and occupancy.
Purchase or lease options are described for the build-to-suit approach, with a flexible layout intended to accommodate multiple suites within the initial concept.
Key Highlights
- Build‑to‑suit on a hard corner
- Initial plan for up to three suites
- Expected late 2026 delivery
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$57,167
Cap Rate
7.10%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,143,340
$1.1M
Cap Rate 7%
$816,671
$816.7K
Cap Rate 9%
$635,189
$635.2K
Market Conditions
NOI Build-Up for 4,351 SF
Gross rent
$103.9K $23.88/SF
− Vacancy
−$8.6K −$1.98/SF
EGI
$95.3K $21.90/SF
− OpEx
−$38.1K −$8.76/SF
NOI
$57.2K $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%
$1,143,340
Cap Rate 7%
$816,671
Cap Rate 9%
$635,189
Alternative Uses
Best Use
Healthcare Medical
$816.7K
$714.6K – $952.8K
NOI $57,167 @ 7.0% cap · market cap 7.10%
Second Best
Office B
$815.6K
$713.7K – $951.6K
NOI $57,095 @ 7.0% cap · market cap 7.09%
Theoretical Best
Office A
$1.09M
$952.8K – $1.27M
NOI $76,222 @ 7.0% cap · market cap 9.47%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
759
Businesses Nearby
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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
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Market
Vacancy Rate% for Office in Midwest region
Frequently Asked Questions
What type of property is this?
Office unit - Build-to-suit on a hard corner of State Street and Webb Road with planned delivery in late 2026.
Where is this office unit 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 $804,935.
What are key features of this property?
This property features: Build‑to‑suit on a hard corner; Initial plan for up to three suites; Expected late 2026 delivery
