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Commercial Land with Duplex
New
For Sale
$525,000

96 Central Avenue, Kearney, NE 68847

Three parcels carry C-2 zoning and include an existing two-unit residence with oversized garages.

Property SizeContact for details
Days on Market3

Property Features for 96 Central Avenue

General Information

Standard status Active
Property subtype Vacant Land / Lots
Listing Agency: Rizik Realty Group
Listed By: Amir Rizik · License #651
Source: Rootedrealtyne
Added: Oct 11 Last Checked: Oct 12 at 5:16PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Rizik Realty Group

Investment Insights

Based on property information with market context.

The offering combines three parcels zoned C-2, with a total area described as just over three acres. One parcel contains an all-brick duplex with two units, each arranged with two bedrooms and one bathroom. The building has two oversized garages, 1,844 square feet on the main floor, and 1,844 square feet of unfinished basement space.

City water and sewer are accessible to all three parcels; the duplex currently relies on a septic system. The property is just off I-80, near more than 14 hotels, restaurants, the SportPlex, and a hike-and-bike trail. Average annual traffic counts are reported at 10,000–30,000 vehicles. The property qualifies for TIF funding.

Key Highlights

  • Three parcels offered together; combined area described as just over three acres
  • C‑2 commercial zoning; qualifies for TIF funding
  • Parcel 603786080 contains 16,856 square feet; parcel 603786065 contains 2.256 acres

Property Analytics

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Current Use

Commercial land

Suggested Use

Top Pick Plumbing Service Locksmith (Bike/Boat/Book/etc) Store Kitchen & Bath Showroom HVAC Service Law Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

162
Businesses Nearby

Demographics for 68847, NE

18,458
Population
7,751
Households
2.4
Avg Household Size
37
Median Age
35%
College-Educated
94%
High-School Grad
109.6 sq mi
ZIP Area
168
Density / Sq Mi
$74,877
Median Household Income
$41,263
Median Earnings
$951
Median Rent
$229,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Commercial land - Three parcels carry C-2 zoning and include an existing two-unit residence with oversized garages.
Where is this commercial land located?
The property is located at 96 Central Avenue Kearney, NE.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: Three parcels offered together; combined area described as just over three acres; C‑2 commercial zoning; qualifies for TIF funding; Parcel 603786080 contains 16,856 square feet; parcel 603786065 contains 2.256 acres
More about this property
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