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    300 3Rd Ave Kearney, NE 68845

    Sponsored
    For Sale
    $4,900,000

    Prime Retail Space, 26,254 SF, High Visibility

    Property size:
    26,254 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 26,254-square-foot retail property, located at 300 3rd Ave in Kearney, Nebraska, is offered at $4,900,000. Built in 2007, this commercial space boasts a desirable location along 3rd Avenue, providing excellent visibility and convenient access to Interstate 80. The property sits on a generous 7.91-acre lot and features ample parking, with a ratio of 12.25 spaces per 1,000 square feet. Currently configured as a turnkey movie theater, complete with furniture, fixtures, and equipment, the space offers flat concrete floors throughout, making it highly adaptable for a variety of retail or industrial uses. The property's zoning is designated as Commercial. Recent capital improvements, completed in 2022, include a new roof and HVAC units, ensuring efficient and cost-effective operation for the new owner. This presents a unique opportunity to acquire a well-maintained, versatile commercial property in a thriving Nebraska community. The price per square foot is $186.64. The property is located in Buffalo County, Nebraska, zip code 68845.

    Property Features for 300 3Rd Ave

    General Information

    Property type
    Retail properties
    Square Feet
    26,254 SF
    Lot Size
    344,560 SF

    Building Details

    Year Built
    2007

    HighLights

    • $4,900,000 asking price for this 26,254 SF retail property.
    • Turn‑key movie theater with FF&E included.
    • Flat concrete floors suitable for various uses.
    • High‑visibility location on 3rd Ave, near I‑80, with ample parking (12.25 spaces per 1,000 sq ft).
    • Recent capital improvements (roof & HVAC, 2022).
    Property Profile Location Intelligence

    Current Use by Public Records

    Kearney Cinema 8 Movie Theater

    Suggested Use

    Realty agency Restaurant Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Kearney
    County
    Buffalo
    State
    Nebraska
    Longitude
    -99.0864319
    Latitude
    40.6765927

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    FAQs

    What type of property is this?
    Retail property - Prime Retail Space, 26,254 SF, High Visibility
    Where is this retail property located?
    The property is located at 300 3Rd Ave Kearney, NE.
    What is the asking price?
    The asking price for this property is $4,900,000.
    What are key features of this property?
    This property features: $4,900,000 asking price for this 26,254 SF retail property.; Turn-key movie theater with FF&E included.; Flat concrete floors suitable for various uses.
    (402) 763-2925
    Request Owner's contact information
    300 3Rd Ave Kearney, NE 68845
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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
    300 3Rd Ave Kearney, NE 68845
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