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    OFF-MARKET
    Turn key restaurants

    1102 4th Corso, Nebraska City, NE 68410-2716

    5,464 SF 0.26 ac lot Built 1972
    Entity Owned Absentee Owner Free & Clear
    Property ID
    US57-0745435
    Property summary
    AI-generated overview

    This exceptional commercial property in Nebraska City, NE, presents a unique investment opportunity. Located at 1102 4th Corso, this property boasts a prime location at the intersection of business Highway 75 and NE Highway 2, placing it in the heart of town and adjacent to a Walgreens pharmacy. The offering includes a 5,464 square foot main level building, complemented by a 3,840 square foot basement, all situated on a sizable lot ranging from 35,000 to 38,000 square feet. Constructed in 1972, the building features a block/brick/frame construction. Ample parking is provided by two lots located in front and in a lower parking area. Adding to the value, two small rental houses are included in the sale. The property is zoned for commercial use and has a remaining lease term of one year. This half-city block presents significant development potential, ideal for a variety of retail or office uses. The property's high visibility and convenient location make it an attractive investment for discerning buyers. Additional adjoining lots may be available. Contact the seller for pricing and further details.

    Property profile
    Verified
    Property type Turn key restaurants
    Use group RESTAURANT
    Year built 1972
    Total area 5,464 SF
    Lot 0.26 ac (11,326 SF)
    Zoning code COMMERCIAL
    APN 3150000
    UPID US57-0745435
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
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    Owner & transaction history
    PALMTAG ENTERPRISES INC
    PALMTAG ENTERPRISES INC
    Zoning & alternative use
    COMMERCIAL · Nebraska City, NE
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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