424 Hillcrest Blvd Spencer, NE 68777
This exceptional 87,120 square foot office building is located at 424 Hillcrest Blvd, Spencer, Nebraska, 68777. Priced at $475,000, this property presents a significant opportunity for investors or businesses seeking substantial space. The building is exceptionally well-maintained and updated, showcasing a commitment to quality and longevity. While the original listing mistakenly described this as a motel, it is in fact a large office building. The property's size and condition make it ideal for a variety of uses, offering ample room for expansion or subdivision. The building's location in Spencer, Nebraska provides access to local amenities and infrastructure. Further details regarding the building's layout and internal features are available upon request. This is a rare opportunity to acquire a substantial and well-maintained office building in a desirable location. The asking price reflects the property's value and potential for strong returns. Serious inquiries are encouraged to explore this promising investment. The property is situated in Spencer, Nebraska, within Boyd County (County Code 31015). Geographic coordinates are 42.8683521 latitude and -98.6971848 longitude.
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Skyline Motel Hotel & Motel
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.