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    Property profile & analytics

    1115 2Nd St Hastings, NE 68901

    • Grocery and convenience stores
    • 72,546 SF
    • 2.44 lot acres
    For Lease
    View listing
    $6 SF/Yr
    Value Estimation
    $705,000
    Last Sale
    Oct 06, 2020
    $600,000
    Location Intelligence
    Property ID
    US57-0556131
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Allen's Food Mart at Hastings / Grocery Store / Bakery
    • Bellino Fireworks / Fireworks Store
    • Tropical Sno Hastings, Allen's / Frozen Dessert Supplier
    • Coinstar Kiosk | Bitcoin ATM / Atm / Currency Exchange Service
    • Coinme at Coinstar - Bitcoin Kiosk / Kiosk / Atm

    Property Details for 1115 2Nd St

    Year built
    1968
    Lot size
    2.44 lot acres
    Property size
    72,546 SF
    Zone code
    COMMERCIAL
    Property type
    Grocery and convenience stores
    APN
    10010221
    APU
    10010221

    Description

    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.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $740,000

    • CAP approach

      CAP return
      Estimation
      6%
      $590,000
      6.5%
      $630,000
      7%
      $575,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $680,000
      Geo Method
      $605,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $540,000
      Retail
      $560,000
      Mixed-Use
      $655,000
      Hospitality
      $555,000
      Educational
      $695,000
      Residential Income
      $685,000
      Energy
      $700,000
      Income-Based Land
      $590,000
      Food Service
      $570,000

    Location Insight

    • Map
    • Local Demand
    City
    Hastings
    County
    Adams
    State
    Nebraska
    Longitude
    -98.396
    Latitude
    40.5848
    CBSA code
    25580
    CBSA name
    HASTINGS, NE MICROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $22,825
    $131,975
    $974,182
    $1,106,157
    -
    $131,975
    $974,182
    $1,106,157

    Comparable in this City

    • Value Estimation
      $300,000
      2,400 SF

      2304 2nd St

      CONVENIENCE STORE • 2,400 SF
      2304 2nd St, Hastings, NE 68901-4601
      View Details
    • Value Estimation
      $200,000
      624 SF

      2412 Osborne E Dr

      CONVENIENCE STORE • 624 SF
      2412 Osborne E Dr, Hastings, NE 68901-1943
      View Details
    • Value Estimation
      $405,000
      2,885 SF

      810 16th St

      CONVENIENCE STORE • 2,885 SF
      810 16th St, Hastings, NE 68901-3073
      View Details
    • Value Estimation
      $535,000
      2,925 SF

      1410 J St

      CONVENIENCE STORE • 2,925 SF
      1410 J St, Hastings, NE 68901-6709
      View Details
    • Value Estimation
      $205,000
      3,600 SF

      701 J St

      CONVENIENCE STORE • 3,600 SF
      701 J St, Hastings, NE 68901-6901
      View Details
    • Value Estimation
      $345,000
      4,589 SF

      3212 Osborne E Dr

      CONVENIENCE STORE • 4,589 SF
      3212 Osborne E Dr, Hastings, NE 68901-1937
      View Details

    Similar Nearby for Sale

    • Contact for pricing
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      Prime Commercial Land in Hastings

      4.76 acres of commercial land in a busy district.
      E Osborne Dr, Hastings, NE 68901
      View Details

    Similar Nearby for Lease

    • $30 SF/Yr
      4,219 SF

      Retail Space in Hastings, NE

      Retail space available for lease in Hastings, Nebraska.
      927 W 14Th St, Hastings, NE 68901
      View Details
    • $12 SF/Yr
      38,405 SF

      Retail and Restaurant Spaces Available

      New development with retail, restaurant, and pad site opportunities.
      1105 Theatre Dr, Hastings, NE 68901
      View Details
    • $7 SF/Yr
      19,500 SF

      Hastings Retail Center Opportunity

      Prime Hastings location, multiple suites available.
      3000 Osborne Dr, Hastings, NE 68901
      View Details
    • Contact for pricing
      7,500 SF

      Retail Space Available for Lease

      7,500 SF retail space available for lease.
      Osborne Dr E, Hastings, NE 68901
      View Details
    • $6 SF/Yr
      47,824 SF

      Hastings Retail Outlot Opportunity

      Prime Retail Space, 22,500-25,324 SF Available
      1115 2Nd St, Hastings, NE 68901
      View Details
    • Contact for pricing

      Land For Rent Hastings

      Land available for rent in Hastings, Nebraska.
      1137 W 2Nd St, Hastings, NE 68901
      View Details
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    Hastings, NE 68901
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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