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    905 Dahlke Ave Auburn, NE 68305

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    For Lease
    Contact for pricing

    Prime Auburn retail space, multiple units available.

    Lot size:
    37,607 SF

    Property Features for 905 Dahlke Ave

    General Information

    Property type
    Neighborhood centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    37,607 SF

    Building Details

    Year Built
    1974

    Spaces For Lease

    at 905 Dahlke Ave, Auburn, NE 68305 Contact us
    Unit Suite 2324

    $9 /Mo

    Size
    4,000 SF
    Contact us
    Unit 2410 Dahlke Dr

    $9 /Mo

    Size
    30,000 SF
    Contact us
    Unit Suite 905

    $9 /Mo

    Size
    3,607 SF
    Contact us

    We can help!

    Listing Contact
    Cori Adcock
    Cori Adcock

    Listing Agency: Colliers - Omaha, Nebraska Listing Agent: Cori Adcock

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    This exceptional retail investment opportunity is located in Auburn, Nebraska, at 905 Alden Drive & 2324 Dahlke Avenue, within Nemaha County (zip code 68305). The property, a strip center built in 1974, offers multiple spaces for lease, with a minimum divisible space of 3,607 square feet and a maximum contiguous space of 30,000 square feet. Currently, 37,607 square feet are vacant, presenting a significant opportunity for expansion or multiple tenants. The center enjoys a high-traffic location with excellent visibility from Highway 75. This is a well-established shopping center, already home to successful businesses such as Pizza Hut, Subway, and Sun Mart, providing strong existing tenant synergy and a proven market. The property's strategic location and the presence of established businesses create a compelling opportunity for retailers seeking high visibility and a strong customer base. The available spaces are versatile and suitable for a variety of retail uses. This is an ideal opportunity for businesses looking to establish a presence in a thriving community. The property is situated at the intersection of Alden Drive and Dahlke Avenue, offering convenient access and ample parking. Serious inquiries are encouraged to explore this promising retail investment.
    Property Profile Location Intelligence

    Current Use by Public Records

    Neighborhood centers

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Auburn
    County
    Nemaha
    State
    Nebraska
    Longitude
    -95.8385651
    Latitude
    40.3810245

    Nearby Similar for Lease

    • Contact for pricing
      30,000 SF

      Retail Space in Auburn, NE

      Retail bays available in Family Fare anchored shopping center.
      2428 Dahlke Ave, Auburn, NE 68305
      View Details

    FAQs

    What type of property is this?
    Neighborhood center - Prime Auburn retail space, multiple units available.
    Where is this neighborhood center located?
    The property is located at 905 Dahlke Ave Auburn, NE.
    What is the lease rate?
    The lease rate is $9-$9 SF/Yr.
    (402) 871-4506 Call to check price and availability
    Request Owner's contact information
    905 Dahlke Ave Auburn, NE 68305
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    Auburn, NE 68305
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    905 Dahlke Ave Auburn, NE 68305
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    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Cori Adcock
    Cori Adcock
    Real Estate License ID: 20110465
    (402) 871-4506 (531) 721-2888
    Learn more
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