5011 2Nd AveKearney, NE 68847

Property Details for 5011 2Nd Ave

Year built

1984

Construction

CONCRETE

Lot size

12.40 AC

Property size (Sq ft)

192,720 SF

Zone code

03-COMMERCIAL

Property type

Other commercial real estate

APN

602619200

APU

602619200

Description

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.

• Alternative Use

  Use

  Valuation

  Residential

  $46,482,580

  Hospitality

  $42,577,792

  Educational

  $35,424,224

  Medical

  $36,642,516

  Retail

  $55,104,348

Location Insight

City

Kearney

County

Buffalo

State

Nebraska

Latitude

40.7237

Longitude

-99.0815

CBSA code

28260

CBSA name

KEARNEY, NE MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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