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    511 Poplar St North Platte, NE 69101

    Sponsored
    For Sale
    $113,250

    Prime Commercial Lot, Shovel-Ready

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    394
    This exceptional commercial land opportunity in North Platte, Nebraska, presents a compelling investment prospect. Located at 511 N Poplar St, this 17,424 square foot lot (lots five and six) is ideally situated at the base of the Poplar Street Viaduct, ensuring high visibility and accessibility. Zoned B-2 Commercial, this shovel-ready site is perfect for a variety of commercial developments, including retail centers, office complexes, or industrial facilities. The asking price is $113,250, translating to $6.50 per square foot. All city services are readily available, making this a seamless and attractive development opportunity. The property's location in the thriving North Platte market offers significant potential for growth and return on investment. This is a rare chance to acquire a well-positioned, commercially zoned lot ready for immediate development. The property's size and location make it an ideal choice for entrepreneurs and investors seeking to establish a presence in this dynamic Nebraska community. Don't miss this chance to capitalize on this prime commercial real estate opportunity in North Platte.

    Property Features for 511 Poplar St

    General Information

    Property type
    Land
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    North Platte
    County
    Lincoln
    State
    Nebraska
    Longitude
    -100.75539343
    Latitude
    41.13651535

    Nearby Comparable

    • $113,250

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    Nearby Similar for Sale

    • $235,000

      North Platte Multi-Unit Income Property

      Two houses and rentable garage offer multiple income streams.
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      36,084 SF commercial building with redevelopment potential in North Platte.
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      View Details
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      24,847 SF

      Downtown North Platte Warehouse

      Prime Flex Space, 24,847 SF
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      View Details

    FAQs

    What type of property is this?
    Land - Prime Commercial Lot, Shovel-Ready
    Where is this land located?
    The property is located at 511 Poplar St North Platte, NE.
    What is the asking price?
    The asking price for this property is $113,250.
    Request Owner's contact information
    511 Poplar St North Platte, NE 69101
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    North Platte, NE 69101
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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
    511 Poplar St North Platte, NE 69101
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