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Property profile & analytics
FOR SALE
Commercial real estate

248 West 2Nd St Chadron, NE 69337

10,800 SF 0.29 ac lot Built 1888
Entity Owned Free & Clear
Property ID
US57-0609317
Property summary
AI-generated overview

This 10,800 square foot commercial building, situated in downtown Chadron, Nebraska, presents a unique owner-user opportunity. Built in 1888, this all-brick, two-story building sits on a 0.29-acre corner lot, offering convenient street and front door parking. The property boasts a versatile layout, including 3,000 square feet of office space, 4,800 square feet of warehouse space, and additional mezzanine storage. Three drive-in doors provide easy access for loading and unloading. Its prime downtown location offers proximity to local amenities. The property is zoned under City Jurisdiction and features a parcel number of 230004605. The building's classification is commercial, with one main floor and a mezzanine level. This flexible space is ideal for a variety of businesses seeking a blend of office and warehouse functionality in a desirable downtown setting. The property's historical charm combined with its practical layout makes it an attractive investment. The address is 248 W 2nd St, Chadron, NE 69337.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1888
Total area 10,800 SF
Lot 0.29 ac (12,500 SF)
Zoning code 03-COMMERCIAL
APN 230004605
UPID US57-0609317
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
Current use
Occupant on record · Public records
  • Chadron Record Publishing House Newspaper & Magazine
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$320k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$320k
Owner & transaction history
JOURNAL STAR PRINTING CO A NEBRASKA CORP
JOURNAL STAR PRINTING CO A NEBRASKA CORP
Zoning & alternative use
03-COMMERCIAL · Chadron, NE
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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