2285 Diers Ave Grand Island, NE 68803-1258
This 0.9-acre commercial land parcel in Grand Island, Nebraska, enjoys a prime location on Highway 281, boasting over 17,000 vehicles per day. Situated as an outlot to a high-performing Walmart, this property benefits from excellent visibility and convenient access. The surrounding area features a strong mix of national retailers, including Menards, Office Max, Big O Tires, Culver's, and Verizon, ensuring high foot traffic and brand recognition. Furthermore, its proximity to the developing Conestoga Marketplace, anchored by Target and 140,000 square feet of additional national tenants, promises future growth and increased customer base. The site is zoned commercial, making it ideal for a variety of uses, such as a bank, car wash, or quick-service restaurant. Strong demographics within a three-mile radius further enhance the investment potential of this exceptional opportunity in a thriving Nebraska market. The property's address is 2285 Diers Ave, Grand Island, NE 68803. The single-tenant zoning provides flexibility for development.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
03-COMMERCIAL · Grand Island, NECosts & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.