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    5011 2Nd Ave Kearney, NE 68847

    Sponsored
    For Sale
    Contact for pricing

    Prime Kearney retail land, build-to-suit options.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional opportunity presents two vacant outlots near the fully leased Hilltop Mall in Kearney, Nebraska. Outlot A encompasses 0.69 acres, while the larger Outlot B offers 3.25 acres. Both parcels are available for ground lease or build-to-suit development, catering to a variety of retail uses. The property enjoys a strategic location on 2nd Avenue, a major thoroughfare with 25,000 vehicles daily, and benefits from proximity to Interstate 80 (18,000 vehicles daily). Kearney's robust economy is supported by a substantial population of 38,355 residents, 15,134 households, and 1,838 businesses. The area boasts a significant student population exceeding 12,000, thanks to the University of Nebraska. Furthermore, Good Samaritan Hospital serves a vast region, encompassing over 355,000 residents in central Nebraska and northern Kansas. The city's thriving hospitality sector includes over 1,700 hotel rooms and Nebraska's third-largest convention center, attracting significant tourism. The Viaero Event Center hosts over five major events annually, drawing an average of 130,000 visitors. This prime location offers unparalleled potential for retail success in a dynamic and growing market. The property is zoned for commercial use and is ready for immediate development.

    Property Features for 5011 2Nd Ave

    General Information

    Property type
    Land
    Lot Size
    139,392 SF

    HighLights

    • 0.69‑acre outlot available for ground lease or build‑to‑suit.
    • 3.25‑acre outlot available for ground lease or build‑to‑suit.
    Property Profile Location Intelligence

    Current Use by Public Records

    Kaw Valley Greenhouses Garden Center The Sequel Bookshop Book Store Hilltop Mall Shopping Mall Maurices Women'S Clothing Store Franks Disposal and Dumpsters ... Garbage Collection Service

    Suggested Use

    Realty agency Law Firm Restaurant 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
    Kearney
    County
    Buffalo
    State
    Nebraska
    Longitude
    -99.0820259
    Latitude
    40.7236751

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    Nearby Similar for Sale

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    FAQs

    What type of property is this?
    Land - Prime Kearney retail land, build-to-suit options.
    Where is this land located?
    The property is located at 5011 2Nd Ave Kearney, NE.
    What are key features of this property?
    This property features: 0.69-acre outlot available for ground lease or build-to-suit.; 3.25-acre outlot available for ground lease or build-to-suit.;
    Request Owner's contact information
    5011 2Nd Ave Kearney, NE 68847
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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
    5011 2Nd Ave Kearney, NE 68847
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