Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    1617 Central Ave Auburn, NE 68305

    Sponsored
    For Sale
    $325,000

    Nebraska commercial lot, 1.97 acres, high traffic area.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 1.97-acre commercial land parcel is strategically located at 1617 Central Ave in Auburn, Nebraska, zip code 68305. Situated along Highway 136, this property presents a unique investment opportunity. Currently improved with a turnkey restaurant, Arbor Manor Steakhouse, the property boasts a fully equipped kitchen, a well-appointed bar area, formal dining space, an inviting outdoor gazebo, and a dedicated conference room. The versatile layout makes it suitable for a variety of uses, catering to both dining and event needs. Recent upgrades include a newly renovated front porch, providing a comfortable and attractive seating area. The property's high visibility and convenient location ensure significant exposure to potential customers. The asking price for this prime commercial land is $325,000. This presents a rare chance to acquire a well-established business property with significant growth potential in a thriving Nebraska community. The property's size and existing infrastructure offer a solid foundation for continued success or redevelopment. Serious inquiries are encouraged.

    Property Features for 1617 Central Ave

    General Information

    Property type
    Land

    HighLights

    • $325,000 asking price.
    • 1.97 acres of commercial land.
    • Located at 1617 Central Ave, Auburn, NE 68305.
    • Property type: Land.
    Property Profile Location Intelligence

    Current Use by Public Records

    Arbor Manor Steakhouse ... Steak House Arbor Manor Steakhouse ... Steak House

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Auburn
    County
    31127
    State
    Nebraska
    Longitude
    -95.8475159
    Latitude
    40.3921776

    Nearby Comparable

    • $500,000

      Auburn Commercial Land Opportunity

      Nebraska commercial land; prime location.
      1223 Q St, Auburn, NE 68305
      View Details
    • $110,000
      2,330 SF

      Mixed-Use Building in Auburn, NE

      Commercial/Residential property with apartment, open space, and storage.
      1403 19Th St, Auburn, NE 68305
      View Details

    Nearby Similar for Sale

    • $110,000
      2,330 SF

      Mixed-Use Building in Auburn, NE

      Commercial/Residential property with apartment, open space, and storage.
      1403 19Th St, Auburn, NE 68305
      View Details

    FAQs

    What type of property is this?
    Land - Nebraska commercial lot, 1.97 acres, high traffic area.
    Where is this land located?
    The property is located at 1617 Central Ave Auburn, NE.
    What is the asking price?
    The asking price for this property is $325,000.
    What are key features of this property?
    This property features: $325,000 asking price.; 1.97 acres of commercial land.; Located at 1617 Central Ave, Auburn, NE 68305.
    Request Owner's contact information
    1617 Central Ave Auburn, NE 68305
    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.
    1617 Central Ave
    Auburn, NE 68305
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    1617 Central Ave Auburn, NE 68305
    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
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.