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    5846 Luxor Dr Greeley, NE 68842

    Sponsored
    For Sale
    $35,000

    1.98-acre Industrial/Commercial Lot in Nebraska

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 1.98-acre commercial and industrial land parcel, located at 5846 N Luxor Drive in Cairo, Nebraska (zip code 68842), presents a unique investment opportunity. Situated in Hall County, this property is zoned IND 2, allowing for a diverse range of business ventures. Permitted uses include commercial, industrial, retail, and hobby businesses. The asking price is $35,000. Utilities, including water, sewer, electricity, and natural gas (available from Black Hills Energy), run along the streets, providing convenient access for future development. While roads are slated for future paving, the property's accessibility is currently established. The precise lot location can be determined by referencing the provided map (available upon request). This property offers significant potential for entrepreneurs and investors seeking a strategically located parcel in a growing area. The property's size and zoning flexibility make it suitable for a variety of development projects. Buyers are encouraged to conduct their own due diligence to confirm all aspects of the property and its suitability for their intended use. Coordinates for the property are 41.5635045 latitude and -98.5281613 longitude.

    Property Features for 5846 Luxor Dr

    General Information

    Property type
    Land
    Lot Size
    86,249 SF

    HighLights

    • 1.98‑acre commercial and industrial land parcel in Cairo, NE (68842).
    • Zoned IND 2, allowing diverse business uses including commercial, industrial, and retail.
    • Asking price: $35,000.
    • Utilities (water, sewer, electricity, natural gas) available at street.
    • Currently accessible; future road paving planned.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Greeley
    County
    Hall
    State
    Nebraska
    Longitude
    -98.5281613
    Latitude
    41.5635045

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    FAQs

    What type of property is this?
    Land - 1.98-acre Industrial/Commercial Lot in Nebraska
    Where is this land located?
    The property is located at 5846 Luxor Dr Greeley, NE.
    What is the asking price?
    The asking price for this property is $35,000.
    What are key features of this property?
    This property features: 1.98-acre commercial and industrial land parcel in Cairo, NE (68842).; Zoned IND 2, allowing diverse business uses including commercial, industrial, and retail.; Asking price: $35,000.
    Request Owner's contact information
    5846 Luxor Dr Greeley, NE 68842
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5846 Luxor Dr Greeley, NE 68842
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