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    1102 4Th Corso Nebraska City, NE 68410

    Sponsored
    For Sale
    Contact for pricing

    High-traffic location, development potential.

    Property size:
    5,464 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional commercial property in Nebraska City, NE, presents a unique investment opportunity. Located at 1102 4th Corso, this property boasts a prime location at the intersection of business Highway 75 and NE Highway 2, placing it in the heart of town and adjacent to a Walgreens pharmacy. The offering includes a 5,464 square foot main level building, complemented by a 3,840 square foot basement, all situated on a sizable lot ranging from 35,000 to 38,000 square feet. Constructed in 1972, the building features a block/brick/frame construction. Ample parking is provided by two lots located in front and in a lower parking area. Adding to the value, two small rental houses are included in the sale. The property is zoned for commercial use and has a remaining lease term of one year. This half-city block presents significant development potential, ideal for a variety of retail or office uses. The property's high visibility and convenient location make it an attractive investment for discerning buyers. Additional adjoining lots may be available. Contact the seller for pricing and further details.

    Property Features for 1102 4Th Corso

    General Information

    Property type
    Restaurants
    Square Feet
    5,464 SF

    Building Details

    Year Built
    1972
    Buildings
    1
    Stories
    1

    HighLights

    • High‑traffic corner location at the intersection of Hwy 75 and Hwy 2 in Nebraska City, adjacent to Walgreens.
    • 5,464 SF main level and 3,840 SF basement building on a 35,000‑38,000 SF lot.
    • Includes two small rental houses.
    • 1972 construction; block/brick/frame. Ample parking.
    • Zoned commercial; one‑year remaining lease. Potential for significant development. Additional adjoining lots may be available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Nebraska City
    County
    Otoe
    State
    Nebraska
    Longitude
    -95.8592489
    Latitude
    40.6729517

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    FAQs

    What type of property is this?
    Restaurant - High-traffic location, development potential.
    Where is this restaurant located?
    The property is located at 1102 4Th Corso Nebraska City, NE.
    What are key features of this property?
    This property features: High-traffic corner location at the intersection of Hwy 75 and Hwy 2 in Nebraska City, adjacent to Walgreens.; 5,464 SF main level and 3,840 SF basement building on a 35,000-38,000 SF lot.; Includes two small rental houses.
    Request Owner's contact information
    1102 4Th Corso Nebraska City, NE 68410
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    Nebraska City, NE 68410
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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
    1102 4Th Corso Nebraska City, NE 68410
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