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Property profile & analytics
OFF-MARKET Estimated value $735,000
Grocery and convenience stores

1115 2nd St Hastings, NE 68901-4974

72,546 SF 2.44 ac lot Built 1968
Entity Owned 5-yr Hold Free & Clear
Property ID
US57-0556131
Property summary
AI-generated overview

This exceptional retail opportunity is located at 1115 West 2nd Street in Hastings, Nebraska, within Adams County (zip code 68901). The property boasts a total of 47,824 square feet of vacant space, currently available as multiple units. Individual spaces range from a minimum of 22,500 square feet to a maximum contiguous space of 25,324 square feet, offering flexibility for various retail concepts. The property sits on a one-acre lot and benefits from high traffic volume due to its proximity to a grocery store. The building features elevators for convenient access. This is an ideal location for businesses seeking high visibility and accessibility in a thriving Nebraska community. The entire 47,824 square feet is currently vacant, presenting a unique chance to establish a significant retail presence. The property is classified as a retail outlot, providing ample space and visibility. This prime location in Hastings offers a strong opportunity for growth and success. Interested parties should inquire for further details and lease terms.

Property profile
Verified
Property type Grocery and convenience stores
Use group GROCERY, SUPERMARKET
Year built 1968
Total area 72,546 SF
Lot 2.44 ac (106,265 SF)
Zoning code COMMERCIAL
APN 10010221
UPID US57-0556131
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
Current use
Occupant on record · Public records
  • Allen's Food Mart at Hastings Grocery & Convenience Store Food Market
  • Bellino Fireworks Discount Store Party Supply Store
  • Tropical Sno Hastings, Allen's Take-out & Catering Cafe & Coffee Shop
  • Coinstar Kiosk | Bitcoin ATM Atm Currency Exchange Service
  • Coinme at Coinstar - Bitcoin Kiosk Shopping Center & Mall (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$995k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$735k
Owner & transaction history
B & R Stores INC · 5 yrs held
B & R Stores INC
since 2020
Last sale
$600,000
2 recorded transactions
2020
$600,000
2011
Price N/A
Zoning & alternative use
COMMERCIAL · Hastings, NE
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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