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Steel Warehouse Building
For Sale
$350,000

500 W 2nd Street, Valparaiso, NE 68065

LAND, Valparaiso, NE

Property Size7,000 SF
Price / SF$50
Days on Market90

Property Features for 500 W 2nd Street

General Information

Property type Land
Property subtype Other
Subdivision 13005-VALPARAISO-OT
Lot features Corner Lot
Elementary school Ceresco-Valparaiso
Middle school Raymond
High school Raymond
Elementary school district Raymond
Middle school district Raymond
High school district Raymond
Directions On Hwy 79 in Valparaiso, go west on 2nd St 4 blocks. Building will be on the right.
Standard status Active
APN 005792500

Additional Details

Property Use Lumberyard

Taxes and HOA fees

Tax Year 2025
Tax Description LOTS 1-3 BLOCK 5 ORIGINAL TOWN VALPARAISO
Tax Annual Amount 1058
Legal Description LOTS 1-3 BLOCK 5 ORIGINAL TOWN VALPARAISO

Building Details

Buildings 1
Listing Agency: Trivera Realty
Listed By: Ashley Chatham · License #20220821
Added: Aug 3 Changed: Oct 29 Last Checked: Oct 31 at 9:06AM
MLS# 22622036

Copyright © 2026 Great Plains Regional MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This 7,000-square-foot warehouse in downtown Valparaiso is a steel building measuring 70 by 100 feet. Built in 2012, it has a ceiling peak of 17.5 feet and 18.3 feet to the roof. Electric service is in place, and water is close to the property.

The building is on W 2nd Street and is currently used as part of a lumberyard located across the street; that property is also listed.

Key Highlights

  • 7,000 SF steel warehouse
  • 70 by 100 feet; built in 2012
  • 17.5‑foot ceiling peak and 18.3 feet to the roof

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Warehouses

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Grocery & Convenience Store Real Estate Agency Daycare Center Hair Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

56
Businesses Nearby
Well-served
Demand for This Use

Demographics for 68065, NE

1,414
Population
581
Households
2.4
Avg Household Size
44
Median Age
33%
College-Educated
94%
High-School Grad
87.2 sq mi
ZIP Area
16
Density / Sq Mi
$101,667
Median Household Income
$54,491
Median Earnings
$735
Median Rent
$281,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025

Frequently Asked Questions

What type of property is this?
Warehouse - The building has electric service, with water available nearby.
Where is this warehouse located?
The property is located at 500 W 2nd Street Valparaiso, NE.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: 7,000 SF steel warehouse; 70 by 100 feet; built in 2012; 17.5‑foot ceiling peak and 18.3 feet to the roof
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