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    520 Hale Ave Newman Grove, NE 68758

    For Sale
    $45,000

    1,440 SF Flex Building, $45K

    Property size:
    1,440 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional 1,440-square-foot flex building presents a rare investment opportunity in the thriving town of Newman Grove, Nebraska. Located at 520 Hale Ave, this single-story, 1960-built structure boasts a highly desirable Main Street location, ensuring excellent visibility and accessibility. The property features an open floor plan, offering immense versatility for a wide range of commercial uses. Imagine the possibilities – adapt this space to perfectly suit your business needs. The building is being sold "as is," providing a unique chance to customize and enhance the property to your specifications. Three convenient parking spaces are included, adding to the property's overall appeal. Situated in Madison County, Nebraska, with a 68758 zip code, this property offers a prime location within a vibrant community. Don't miss this chance to acquire a well-positioned commercial building in a sought-after area. The asking price is $45,000.

    Property Features for 520 Hale Ave

    General Information

    Property type
    Flex space
    Square Feet
    1,440 SF

    Building Details

    Year Built
    1960
    Buildings
    1
    Stories
    1

    HighLights

    • 1,440 sq ft flex building on Main Street in Newman Grove, NE.
    • High‑visibility location with excellent accessibility.
    • Open floor plan ideal for various commercial uses.
    • As‑is sale allows for customization.
    • Includes three parking spaces.
    • Asking price: $45,000.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

    Restaurant Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Nail Salon Auto Parts Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Newman Grove
    County
    Madison
    State
    Nebraska
    Longitude
    -97.776639162448
    Latitude
    41.746705894682

    Nearby Comparable

    • $33,900

      Prime Location in Newman Grove

      Turn-key building with high visibility in Newman Grove, Nebraska.
      518 Hale Ave, Newman Grove, NE 68758
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      Downtown Albion Commercial Opportunity

      Prime commercial space in downtown Albion, ready for business.
      432 W Main St, Albion, NE 68620
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    • $3,195,000

      Highway 81 Commercial Opportunity

      50,000+ sq ft on 11.42 acres in Humphrey, NE
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    Nearby Similar for Sale

    • $33,900

      Prime Location in Newman Grove

      Turn-key building with high visibility in Newman Grove, Nebraska.
      518 Hale Ave, Newman Grove, NE 68758
      View Details

    FAQs

    What type of property is this?
    Flex space - 1,440 SF Flex Building, $45K
    Where is this flex space located?
    The property is located at 520 Hale Ave Newman Grove, NE.
    What is the asking price?
    The asking price for this property is $45,000.
    What are key features of this property?
    This property features: 1,440 sq ft flex building on Main Street in Newman Grove, NE.; High-visibility location with excellent accessibility.; Open floor plan ideal for various commercial uses.
    Request Owner's contact information
    520 Hale Ave Newman Grove, NE 68758
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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
    520 Hale Ave Newman Grove, NE 68758
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