Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    2460 1St Ave Columbus, NE 68601

    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Columbus, NE Retail/Office Space - 5,200 SF Available

    Lot size:
    7,200 SF

    Property Features for 2460 1St Ave

    General Information

    Property type
    Neighborhood centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    7,200 SF

    Spaces For Lease

    at 2460 1St Ave, Columbus, NE 68601 Contact us
    Unit GRND-30

    $10 /Mo

    Size
    2,300 SF
    Contact us
    Unit GRND- 130

    $10 /Mo

    Size
    1,200 SF
    Contact us

    We can help!

    Listing Contact
    Brett Heimes
    Brett Heimes

    Listing Agency: DP Management, LLC Listing Agent: Brett Heimes

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    The Village Centre, located at 2460 E 1st Ave in Columbus, Nebraska (zip code 68601), offers a prime retail and office opportunity. This multi-tenant strip center boasts a total of 34 suites, with 5,200 square feet currently vacant. Individual spaces range from a minimum of 1,700 square feet to a maximum contiguous space of 2,300 square feet, providing flexibility for various business needs. The property enjoys a high-traffic location, experiencing over 29,000 vehicles per day. This makes it an ideal location for businesses seeking high visibility and accessibility. The existing tenant mix includes well-established national brands such as Dollar Tree, Maurice's, and The Buckle, creating a strong and desirable retail environment. The space is adaptable for either retail or office use, catering to a wide range of potential occupants. Columbus, Nebraska, is home to major employers including ADM, BD Medical Systems, and Behlen Mfg. Co., providing a robust local workforce. This strategic location, combined with the available space and strong tenant mix, presents a compelling investment opportunity for businesses seeking a thriving retail or office presence in a well-established commercial center.
    Property Profile Location Intelligence

    Current Use by Public Records

    Tan 24-7 Tanning Salon Touch-n-Tan Tanning Salon Bling Glamour Columbus Clothing & Fashion Store The Village Centre Shopping Center & Mall Supercuts Barber Shop

    Suggested Use

    Real Estate Agency Restaurant Spa & Massage Center Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy Auto Repair Shop Skin Care Clinic

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Columbus
    County
    Platte
    State
    Nebraska
    Longitude
    -97.3277328
    Latitude
    41.439598

    Nearby Similar for Lease

    • Contact for pricing
      12,124 SF

      Columbus Retail Space For Lease

      Retail spaces available in Columbus, Nebraska, ranging from 818-12,124 SF.
      3100 23Rd St, Columbus, NE 68601
      View Details
    • $1,600 /Mo

      Office Space in Columbus, NE

      Office space available for lease in Columbus, Nebraska.
      3154 18Th Ave, Columbus, NE 68601
      View Details
    • Contact for pricing
      1,700 SF

      Retail Space in Columbus, Nebraska

      Retail space available for lease in Columbus, Nebraska.
      202 East 24Th St, Columbus, NE 68601
      View Details
    • $324 /Mo
      13,000 SF

      Parkway Plaza Co-working Space

      Modern Columbus co-working & creative office suites.
      4471 41St Ave, Columbus, NE 68601
      View Details

    FAQs

    What type of property is this?
    Neighborhood center - Columbus, NE Retail/Office Space - 5,200 SF Available
    Where is this neighborhood center located?
    The property is located at 2460 1St Ave Columbus, NE.
    What is the lease rate?
    The lease rate is $0.00-$10 SF/Yr.
    What are key features of this property?
    This property features: Strong trade area population of 26,374.; High concentration of 1,331 businesses.; Significant household count of 10,449.
    (402) 493-2800 Call to check price and availability
    Request Owner's contact information
    2460 1St Ave Columbus, NE 68601
    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.
    2460 1St Ave
    Columbus, NE 68601
    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
    2460 1St Ave Columbus, NE 68601
    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

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Brett Heimes
    Brett Heimes
    Real Estate License ID: 20050415
    (402) 493-2800 (402) 415-6113
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!