Technical
Financial
Distress signals
Property profile

605 Us Highway 20 Gordon, NE 69343

OFF-MARKET
Motels
13,820 SF 2.35 ac lot Built 1972
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Property summary

AI-generated overview

This 13,820 square foot, two-story hotel and motel in Gordon, Nebraska presents a compelling redevelopment opportunity. The property, built in 1972, sits on a 2.35-acre lot directly on Highway 20, offering excellent visibility and accessibility. Currently featuring 20 motel rooms and 5 hotel rooms, the existing infrastructure provides a solid foundation for various ventures. The lower level includes a full-service restaurant and cocktail lounge, ripe for revitalization. The expansive lot offers significant additional development potential, making this a versatile investment for entrepreneurs seeking to capitalize on its prime location and existing infrastructure. The property's Commercial zoning allows for a range of uses. The asking price is $260,000, with a price per square foot of $18.81. The property includes one building, with a total of 26 keys, and the APN is 810092964. This is an exceptional chance to acquire a substantial property with significant upside in a desirable location.

Property profile

Verified
Property type Motels
Year built 1972
Total area 13,820 SF
Lot 2.35 ac (102,366 SF)
APN 810092964

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

605 Us Highway 20 Gordon, NE 69343
Gordon metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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