911 13Th AveSidney, NE 69162

Property Details for 911 13Th Ave

Year built

1956

Construction

STEEL FRAME

Lot size

0.20 AC

Property size (Sq ft)

1,363 SF

Zone code

03-COMMERCIAL

Property type

Retail properties

Property subtype

Auto shops

APN

170055426

APU

170055426

Description

This exceptional commercial property, located at 911 13th Ave in Sidney, Nebraska, presents a unique investment opportunity. The 1,362 square foot building, constructed in 1956, sits on a fully paved 8,712 square foot corner lot zoned for commercial use. Currently operating as a service station and auto shop, this versatile property offers significant potential for various retail uses. The asking price is $290,000, translating to $212.92 per square foot. The property boasts an additional steel canopy area of 1,248 square feet, expanding its functional space. Its strategic location along the main drag of Sidney, Nebraska, and its proximity to Interstate 80 (eight minutes away) and the Lincoln Highway/ALT I-80 ensures high visibility and accessibility. This single-story building presents a solid foundation for a thriving business, benefiting from its established presence and prime location within a bustling commercial corridor. The property's size and zoning provide flexibility for a range of retail ventures. This is a rare opportunity to acquire a well-situated commercial property in a growing Nebraska community.

• CAP approach

  CAP return

  Valuation

  6%

  $376,069

  6.5%

  $347,141

  7%

  $322,345

• Comparable approach

  Method

  Valuation

  Relative Method

  $673,792

  Geo Method

  $283,780

• Alternative Use

  Use

  Valuation

  Residential

  $292,826

  Hospitality

  $268,227

  Educational

  $223,162

  Medical

  $230,837

  Retail

  $347,141

Location Insight

City

Sidney

County

Cheyenne

State

Nebraska

Latitude

41.1445

Longitude

-102.98

Property Tax & Assessments

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