Property profile

105 Locust St Hickman, NE 68372

OFF-MARKET
Commercial real estate
Property ID
US57-0246577
1,920 SF 0.14 ac lot Built 1980
Entity Owned 3-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional 2,000-square-foot flex space, located at 105 Locust Street in Hickman, Nebraska, presents a rare opportunity in a market with limited comparable properties. The single-tenant building offers a highly functional layout ideal for a variety of small businesses. Key features include three convenient drive-in bays, perfect for loading and unloading, enhancing operational efficiency. The property also boasts a well-appointed bathroom and a mezzanine level, adding valuable storage or office space. This versatile space is ready for immediate occupancy, providing a cost-effective solution for companies seeking operational space in the area. Situated in Lancaster County, this Hickman location offers easy access to local amenities and provides convenient proximity to Lincoln, Nebraska, ensuring seamless connectivity to a larger regional market. The property's efficient design and strategic location make it an attractive option for businesses seeking to establish or expand their operations in a thriving community. This is a prime opportunity to secure a functional and well-positioned industrial space in a desirable location. The property is available for lease and ready for immediate occupancy.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1980
Total area 1,920 SF
Lot 0.14 ac (6,000 SF)
Zoning code C1
APN 15-33-222-017-000
UPID US57-0246577

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

105 Locust St Hickman, NE 68372-9525
Hickman metro Census 10401 LINCOLN, NE METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$205k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$230k

Owner & transaction history

since 2023
Last sale
$190,000
6 recorded transactions
2023
Price N/A
2023
Price N/A
2023
$190,000
2013
Price N/A
2013
$40,000
1969
Price N/A

Zoning & alternative use

C1 · Hickman, NE

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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