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Property profile & analytics
OFF-MARKET
Manufacturing properties

241 Clay St Tecumseh, NE 68450-2317

6,216 SF 0.19 ac lot Built 1900
Individually Owned Free & Clear
Property ID
US57-0511073
Property summary
AI-generated overview

This unique 1-story, 5,000-6,200 square foot commercial building, built in 1998, sits on an 8,360 square foot lot in Tecumseh, Nebraska's vibrant historic downtown square. Previously housing the local newspaper, the property offers high visibility and excellent foot traffic. The flexible interior features an open floor plan, high ceilings, three offices, a bathroom, kitchen area, and a darkroom, allowing for customization to suit various needs. Ideal for retail, office, or multi-use purposes, the building also includes two loading docks for convenient deliveries and a 62x22 heated shop in the back. Convenient street parking is available both in front and behind the building. The asking price is $80,000. This property presents a rare opportunity to own a piece of Tecumseh's history and establish a thriving business in a prime location. The building is zoned for light manufacturing (Code 711).

Property profile
Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Year built 1900
Total area 6,216 SF
Lot 0.19 ac (8,276 SF)
Zoning code COMMERCIAL
APN 490029299
UPID US57-0511073
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
ROBERT LEE GREGORY
ROBERT LEE GREGORY
Zoning & alternative use
COMMERCIAL · Tecumseh, NE
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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