Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Highway Frontage Commercial Land Title is generated by Realmo AI

    TBD E Court St, Beatrice, NE 68310

    View on Map
    Claim this Listing
    For Sale
    Contact for pricing

    Visible highway frontage near school and amenities.

    Type:Land
    Added:
    Apr 17, 2024
    Days on Market:
    777
    Last Refresh:
    May 12 at 8:58 pm

    Property Features for TBD E Court St

    General Information

    Standard status
    Active
    Property subtype
    Land

    We can help!

    Listing Contact
    Krista Wiedel

    Listing agent Krista Wiedel License #NE 20170002

    Listing office Brick and Mortar Realty

    Listing date Apr 17, 2024

    Source Crexi

    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 Brick and Mortar Realty

    HighLights

    • Great visible Highway 136 frontage.
    • Near U‑Stop and Beatrice High School.
    • 15" Storm Sewer and 6" Sanitary Sewer already in place.
    • 3 phase Power and Water across the street.
    • Bike/Walking trail on the north side of the property.

    Overview

    This commercial land offers visible frontage on Highway 136, situated near a U-Stop and Beatrice High School. A bike and walking trail is located on the north side of the property. Infrastructure includes a 15" storm sewer and a 6" sanitary sewer already in place. Three-phase power and water are available across the street.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Beatrice
    County
    Gage
    State
    Nebraska
    Longitude
    -96.760336
    Latitude
    40.265934

    Nearby Similar for Sale

    • $249,000
      3,300 SF

      Versatile Commercial Space in Beatrice

      3,300 sq ft commercial space suitable for office or retail.
      401 Market St, Beatrice, NE 68310
      View Details
    • $105,000
      777 SF

      Beatrice Commercial Building For Sale

      Commercial building in Beatrice's business corridor with long-term tenant.
      219 N 19th St, Beatrice, NE
      View Details
    • $250,000

      Versatile Commercial Building For Sale

      Spacious commercial property with customizable space and ample parking.
      1900 Jackson St, Beatrice, NE
      View Details
    • Contact for pricing
      2,563 SF

      Former Bank Building on Highway

      2,563 SF vacant building with drive-thru lanes on Highway 77.
      200 S 6th St, Beatrice, NE
      View Details
    • $75,000

      Residential Lot in Wildwood Estates

      Approximately 0.75 acre lot with pond views, build-ready.
      106 Wildwood Court, Beatrice, NE 68310
      View Details
    • $190,000

      Commercial Lot on North 6th

      Commercial lot in high-demand area with utilities available.
      1710 N 6 St, Beatrice, NE
      View Details
    • $38,000

      Residential Lot in Beatrice, NE

      Residential lot ready for new construction in Beatrice, Nebraska.
      0 S 25th Street, Beatrice, NE 68310
      View Details
    • $38,000

      Residential Land in Established Neighborhood

      Platted residential land with utilities in a desirable Beatrice neighborhood.
      0 S 25 Street, Beatrice, NE 68310
      View Details
    • $109,000

      Land on South Hwy 77

      Land with high visibility and traffic count on South Hwy 77.
      0 S 6th, Beatrice, NE
      View Details
    • $38,000

      Residential Lot in Beatrice, NE

      Residential lot in a new construction area, ready for building.
      0 S 25th Street, Beatrice, NE 68310
      View Details
    • $55,000

      Commercial Lot in Growing Location

      Commercial lot for sale in east Beatrice, Nebraska.
      TBD Plaza Ridge, Beatrice, NE 68310
      View Details

    FAQs

    What type of property is this?
    Commercial land - Visible highway frontage near school and amenities.
    Where is this commercial land located?
    The property is located at TBD E Court St Beatrice, NE.
    What is the asking price?
    The asking price for this property is $195,000.
    What are key features of this property?
    This property features: Great visible Highway 136 frontage.; Near U‑Stop and Beatrice High School.; 15" Storm Sewer and 6" Sanitary Sewer already in place.
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Krista Wiedel
    Real Estate License ID: NE 20170002
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    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
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    TBD E Court St, Beatrice, NE 68310
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!