Property profile

1415 16th St Central City, NE 68826

OFF-MARKET
Commercial real estate
Property ID
US57-0979026
7,184 SF 0.65 ac lot Built 1960
Entity Owned 11-yr Hold Free & Clear
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Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1960
Total area 7,184 SF
Lot 0.65 ac (28,445 SF)
Zoning code 03-COMMERCIAL
APN 0002705.00
UPID US57-0979026

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Consultant
  • Accounting Firm
  • Restaurant
  • Solar Energy Company
  • Business To Business Service

Location

1415 16th St Central City, NE 68826-1836
Central City metro Census 966800 GRAND ISLAND, NE MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$450k
CAP Approach CAP
by Request
Comparable Approach Comparable
$692k
Blend (final) Blend
$570k

Owner & transaction history

since 2015
2 recorded transactions
2015
Price N/A
2011
Price N/A

Zoning & alternative use

03-COMMERCIAL · Central City, NE
Top alternative use upside
Warehouse, storage $755,000 +66.7%
Retail stores $730,000 +60.4%
Industrial (general) $620,000 +37.2%

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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