Financial
Distress signals
Property profile

2504 Locust St Grand Island, NE 68801

OFF-MARKET
Turn key restaurants
Property ID
US57-0306536
1,980 SF 0.27 ac lot Built 1980
Last sale Jul 2020 · $440,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 6-yr Hold Held for 6 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Saved · see the list in your Dashboard
Market Trends Soon

Property summary

AI-generated overview

A standalone restaurant building located on South Locust Street that has been configured with a dining area and a drive-through window on the side of the building. The property has had electrical updates, a replaced hot water heater, substantial new concrete work, and an awning added at the front. The building is structured to support restaurant use, including on-site customer service and drive-through operations, and it has historically operated under a leased arrangement with a current lease extending to a March 2028 expiration.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2022

What does the county charge?
$7k
Tax billed · 2022
Assessed value · 2023$411k
Assessed land$44k
Assessed improvement$367k
Effective rate1.82%

Value estimate

· Sep 2026
$490k
$441k – $539k
AI approach$450k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$142/SF
Submarket average, outlier-cleaned · 19 recorded sales of this use type
Observed band · Q1–Q3$88 – $235

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
03-COMMERCIAL
JurisdictionHALL

Location intelligence

Which uses thrive at this corner?
Best fit: Dental Office
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dental Office11.7
Electrical Service9.5
Kitchen & Bath9.1

Location

2504 Locust St Grand Island, NE 68801-8226
County assessor Recorded deeds · 5 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 14 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
112 3rd, Grand Island, NE 68801-5914 $315,000 Jun 2024 1,918 SF
1103 Locust, Grand Island, NE 68801-6771 $245,000 Apr 2024 2,263 SF
311-313 4th, Grand Island, NE 68801 $158,899 Aug 2022 1,896 SF
380 Cedar, Grand Island, NE 68801-4548 $330,000 Jun 2022 2,238 SF
118 4th, Grand Island, NE 68801-4602 $200,000 Feb 2022 1,980 SF
1023 2nd, Grand Island, NE 68801-5821 $310,000 Oct 2021 2,265 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 2504 Locust St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message