Property profile

2304 Lincoln Hwy Grand Island, NE 68803

OFF-MARKET
Warehouses
Property ID
US57-0358906
7,776 SF 0.47 ac lot Built 1945
Entity Owned 4-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1945
Construction CONCRETE BLOCKS
Total area 7,776 SF
Lot 0.47 ac (20,624 SF)
Zoning code 04-INDUSTRIAL
APN 400072254
UPID US57-0358906

Cap rate & NOI

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

Location

2304 Lincoln Hwy Grand Island, NE 68803-5201
Grand Island metro Census 700 GRAND ISLAND, NE MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$565k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$570k

Owner & transaction history

since 2022
Last sale
$572,000
7 recorded transactions
2022
$572,000
2022
Price N/A
2021
$1.0M
2019
Price N/A
2019
Price N/A
2019
Price N/A
2017
$270,000

Zoning & alternative use

04-INDUSTRIAL · Grand Island, NE
Top alternative use upside
Retail stores $815,000 +25.8%
Restaurant $765,000 +18.4%
Apartment house (5+ units) $735,000 +13.6%

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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