1402 Jeffers St, North Platte, NE 69101-6039
- Auto shops
- 10,145 SF
- 1.13 lot acres
Current Use by Public Records
- North Platte Cemetery / Cemetery
- North Platte Refuse Collection / City Government Office
- Mobil 1 Lube Express / Auto Repair Shop
- Modern Tire Pros / (Bike/Boat/Book/etc) Store / Auto Parts Store
- North Platte City Shop Division / City Government Office
Property Details for 1402 Jeffers St
- Year built
- 2012
- Lot size
- 1.13 lot acres
- Zone code
- COMMERCIAL
- Property type
- Auto shops
- APN
- 0022200.20
- APU
- 2220020
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Feb 28, 2025 | $3,000,000 | Sfp E LLC | Modern Muffler INC | Warranty Deed | — |
| Jan 19, 2023 | — | The State Of Nebraska | Modern Muffler INC | Quitclaim Deed · related | — |
| Nov 29, 2022 | — | Modern Muffler INC | John R Selmer | Quitclaim Deed · related | — |
| Aug 6, 2012 | — | State Of Nebraska | Modern Muffler INC | Warranty Deed | — |
| Dec 29, 2011 | $1,050,000 | Gary J Jones | Very Fine Motels INC | Warranty Deed | $303k · Nebraskaland National Bank |
| Dec 29, 2011 | $825,000 | Modern Muffler INC | Very Fine Motels INC | Warranty Deed | $860k · Nebraskaland National Bank |
| Jul 22, 2008 | $1,559,000 | Very Fine Motels INC | Gregory G Gifford | Warranty Deed | $1.4M · Royal Colonial Inn LLC |
Description
This exceptional Class A retail property presents a unique investment opportunity in North Platte, Nebraska. The 12,754 square foot, two-story building, constructed in 2012, sits on a 1.14-acre lot and boasts a prominent location at 1402 S Jeffers St, easily visible from Interstate 80 and Highway 83. Currently operating as a highly successful Modern Tire Pros, this single-tenant, 100% occupied property offers an absolute NNN lease with zero remaining term. The asking price is $4,000,000, translating to $313.63 per square foot. The property is zoned B-2 Highway Commercial, ideal for its current use and potential future development. The business includes goodwill and fixtures, furniture, and equipment (FF&E). This turnkey operation provides tire sales and repair, oil changes, and general automotive maintenance, served by experienced staff within a modern facility. Its strategic location makes it a visible landmark for both residents and travelers, ensuring consistent customer traffic. Financial information is available upon execution of a confidentiality agreement and submission of a letter of authorization from a qualified lender. This is a rare chance to acquire a premium piece of real estate with a thriving business already in place.
Value Estimations
-
AI approach
- Method
- Estimation
- ML approach
- $505,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $999,000
Market price range: $244k - $999k -
Alternative Use
- Use
- Estimation
- AUTO REPAIR, GARAGE
- $650,000 Current use
- COMMERCIAL (GENERAL)
- $1,220,000 Change: +88% Conversion: Moderate
- RESTAURANT
- $1,090,000 Change: +68% Conversion: Difficult
- MEDICAL BUILDING
- $815,000 Change: +26% Conversion: Difficult
- WAREHOUSE, STORAGE
- $660,000 Change: +1% Conversion: Easy
- RETAIL STORES
- $650,000 Change: +0% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- North Platte
- County
- Lincoln
- State
- Nebraska
- Longitude
- -100.765
- Latitude
- 41.1211
- CBSA code
- 35820
- CBSA name
- NORTH PLATTE, NE MICROPOLITAN STATISTICAL AREA
