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    609 A St Ogallala, NE 69153

    Sponsored
    For Sale
    $400,000

    Prime 2.85-acre commercial lot in Ogallala, NE.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 2.85-acre commercial land parcel, encompassing two separately deeded lots (Lot 2 and Lot 3 of the Placer Development Replat in Keith County, Nebraska), presents a unique investment opportunity in the thriving city of Ogallala. Strategically located on paved Road East A South, this property boasts convenient access to city water and sewer services. Its prime location places it directly between Ace Hardware and 21st Century, ensuring high visibility and accessibility for any commercial venture. The zoning is designated as commercial, allowing for a wide range of development possibilities. The total acreage is approximately 2.85 acres, offering ample space for construction or expansion. Both parcels are available for purchase individually or as a combined unit, providing flexibility to suit diverse investment strategies. The property's address is 609 & 701 Road East A South, Ogallala, NE 69153, and is conveniently situated just off Highway 80, providing excellent connectivity and exposure to a significant volume of traffic. The asking price for this exceptional commercial land is $400,000. This presents a compelling opportunity for investors seeking a well-positioned property in a growing Nebraska community.

    Property Features for 609 A St

    General Information

    Property type
    Land
    Lot Size
    124,146 SF

    HighLights

    • $400,000 asking price for 2.85 acres of commercial land.
    • Located in Ogallala, Nebraska, zoned commercial.
    • City water and sewer available.
    • Situated on a paved street, near Ace Hardware and 21st Century.
    • Two parcels available, can be purchased separately or together.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Spa & Massage Building Supply Hair Salon Wholesale Shop Nail Salon Auto Parts Store Clothing Store Pharmacy HVAC Service

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

    Location Insight

    • Map
    • Local Demand
    City
    Ogallala
    County
    Keith
    State
    Nebraska
    Longitude
    -101.7108611
    Latitude
    41.0779336

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    FAQs

    What type of property is this?
    Land - Prime 2.85-acre commercial lot in Ogallala, NE.
    Where is this land located?
    The property is located at 609 A St Ogallala, NE.
    What is the asking price?
    The asking price for this property is $400,000.
    What are key features of this property?
    This property features: $400,000 asking price for 2.85 acres of commercial land.; Located in Ogallala, Nebraska, zoned commercial.; City water and sewer available.
    Request Owner's contact information
    609 A St Ogallala, NE 69153
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    Ogallala, NE 69153
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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
    609 A St Ogallala, NE 69153
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