Technical
Financial
Distress signals
Property profile

132 5th St Seward, NE 68434

OFF-MARKET
Turn key restaurants
Property ID
US57-0423555
10,294 SF 0.12 ac lot Built 1900
Entity Owned 19-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional mixed-use property in Seward, Nebraska, presents a compelling investment opportunity. The 11,187 square foot building, originally constructed in 1895 and extensively renovated in 2020, boasts two national franchise tenants: Jimmy John's and Domino's Pizza, both with significant lease terms remaining (7+ years). The renovation encompassed complete electrical, plumbing, HVAC, roofing, and interior updates, resulting in minimal ongoing maintenance costs. The property's prime location on Seward's town square, near Concordia University (2,700 students) and numerous large employers (Allo Communications, Petsource, WCR Inc, Tenneco Automotive, and BNSF), ensures consistent tenant demand. The building's strategic position within the Lincoln, NE MSA (population 345,000+) further enhances its investment potential. The asking price is $1,850,000, translating to $165.37 per square foot. This two-story building offers a diversified income stream, combining the stable revenue from established retail tenants with the potential for additional income from residential units. The property's history as a cherished part of Seward's heritage, coupled with its modern updates and strategic location, makes it an attractive and stable investment.

Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1900
Total area 10,294 SF
Lot 0.12 ac (5,040 SF)
Zoning code COMMERCIAL
APN 800073584
UPID US57-0423555

Cap rate & NOI

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

Location

132 5th St Seward, NE 68434-2135
Seward metro Census 960200 LINCOLN, NE METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
$655k

Owner & transaction history

since 2006
1 recorded transaction
2006
Price N/A

Zoning & alternative use

COMMERCIAL · Seward, NE
Top alternative use upside
Auto repair, garage $910,000 +15.8%
Office building $820,000 +4.1%

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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