500 4Th St Palmyra, NE 68347
- Retail properties
- 4,400 SF
Current Use by Public Records
- Retail properties
Property Details for 500 4Th St
- Year built
- 2008
- Property size
- 4,400 SF
- Property type
- Retail properties
- Property subtype
- Office Properties & Spaces
Description
This exceptional Class A office building in Eagle, Nebraska, presents a unique owner-user or investment opportunity. Located at 500 4th St, this 4,400 square foot building sits on a 13,640 square foot lot and boasts a desirable location in Cass County. Built in 2008, the two-story structure features ample natural light and a functional layout. The main level includes four private offices, a reception area, a conference room, a breakroom, and two ADA-compliant restrooms, along with an accessible entry ramp. The lower level offers six additional offices and another ADA restroom. Currently, a portion of the lower level is leased, generating a monthly income stream of $1400 under a two-year lease. The remaining 2,200 square feet on the upper level and three additional offices in the basement are available for lease, offering significant potential for rental income growth. The property is zoned for commercial use and includes ten parking spaces. The asking price is $475,000, translating to $107.95 per square foot. This property offers a blend of immediate income and future upside, making it an attractive option for both owner-occupiers and investors. The APN is 130024325.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Palmyra
- County
- Cass
- State
- Nebraska
- Longitude
- -96.4306
- Latitude
- 40.8167
