Property profile

2565 16th Ave Columbus, NE 68601

OFF-MARKET
Other warehouses
Property ID
US57-0748271
6,710 SF 1 ac lot Built 1960
Entity Owned 10-yr Hold Free & Clear
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Property summary

AI-generated overview

The property is located just off U.S. Highway 30 in Columbus, Nebraska, on a 1.58-acre site across two lots and positioned with paved access and corner frontage within a General Industrial District. It consists of two connected buildings totaling 9,344 square feet, with original construction dating to 1960 and updates completed in 2016. The east building includes a reception area, private offices, a conference room, storage areas, a breakroom, and restroom facilities, with a rear portion that opens to a flexible area suitable for warehouse/storage or shop use. The west building has an open-layout workspace divided into three functional sections used for fabrication, mechanical work, and storage, and includes an overhead door with an opener, restroom facilities, and additional adaptable space. Documented 2016 improvements include a sealed and coated roof, exterior painting, upgraded HVAC and electrical systems, remodeled office interiors, new concrete work, and installation of an overhead door and opener. The site includes a vacant adjacent lot that can support expansion, additional building development, equipment storage, or future development; the west building has historically been used under a month-to-month occupancy structure.

Property profile

Verified
Property type Other warehouses
Use group MINI-WAREHOUSE, STORAGE
Year built 1960
Total area 6,710 SF
Lot 1 ac (43,560 SF)
Zoning code 03-COMMERCIAL
APN 710028035
UPID US57-0748271

Cap rate & NOI

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

Location

2565 16th Ave Columbus, NE 68601-2855
Columbus metro Census 965400 COLUMBUS, NE MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$280k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$280k

Owner & transaction history

since 2016
1 recorded transaction
2016
$262,000

Zoning & alternative use

03-COMMERCIAL · Columbus, NE

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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