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Property profile & analytics
OFF-MARKET
Commercial real estate

117 Thayer St Spencer, NE 68777-9784

1,752 SF 0.08 ac lot Built 1950
Individually Owned 1-yr Hold Absentee Owner Free & Clear
Property ID
US57-0738255
Property summary
AI-generated overview

This exceptional commercial property, located at 117 S Thayer Street in Spencer, Nebraska, 68777, presents a unique investment opportunity. Priced at $40,000, this 1,752 square foot building sits on a prime commercial lot along Highway 281, ensuring high visibility and consistent traffic flow. The property's strategic location guarantees a steady stream of potential customers, making it ideal for a variety of businesses. The building itself offers versatile interior space, easily adaptable to various business needs. The layout includes a main room measuring approximately 58'3" x 23'4", an office space of roughly 8'11" x 15'10", and a back shed measuring approximately 24'3" x 13'. Large windows provide ample natural light, creating a welcoming atmosphere. The well-maintained exterior enhances curb appeal. Annual property taxes are approximately $125.38 (2023). This property offers significant potential for entrepreneurs seeking a high-visibility location in a thriving community. Don't miss this chance to establish your business in a prime commercial spot. The property is ready for immediate occupancy and customization to suit your specific business requirements. Contact us today to schedule a viewing.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1950
Construction CONCRETE BLOCKS
Total area 1,752 SF
Lot 0.08 ac (3,640 SF)
Zoning code 03-COMMERCIAL
APN 100105900
UPID US57-0738255
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
  • Huffy's Airport Windsocks Inc Logistics Company Moving Company
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Anne Ohri · 1 yrs held
Anne Ohri
since 2024
1 recorded transaction
2024
$20,000
Zoning & alternative use
03-COMMERCIAL · Spencer, NE
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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