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Property profile & analytics

265 33rd Ave Columbus, NE 68601-6403

  • Commercial real estate
  • 1.00 lot acres
OFF-MARKET
Last Sale
Jun 28, 2024
Value Estimations
$510,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US57-0916871
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Ramada by Wyndham Columbus Hotel & Conference Center / Hotel / Inn
  • Maria's Authentic Mexican Cuisine / Mexican Restaurant
  • Quality Inn / Hotel
  • Rivers Edge Convention Center / Event Venue
  • Freedom Memorial / Museum

Property Details for 265 33rd Ave

Lot size
1.00 lot acres
Zone code
03-COMMERCIAL
Property type
Commercial real estate
APN
710130665
APU
710130665

Description

This 90,000 square foot, 140-key Quality Inn in Columbus, Nebraska, presents a compelling value-add investment opportunity. Recently converted from a Ramada, this property boasts significant event space, including 10 meeting rooms capable of hosting up to 800 conference attendees or 700 banquet guests, totaling 20,850 square feet. The hotel benefits from a prime location along US-30, near Highway 81, offering convenient access to the Columbus Municipal Airport (10 minutes away), local attractions, and recreational areas. Amenities include complimentary Wi-Fi, electric car charging stations, a fitness center, an indoor pool with a heated water play area, and on-site dining, currently operated under a lease with rent escalations. The property's strong location and extensive event space cater to a diverse clientele, including large groups, families, and corporate events. The hotel is the only mid-scale, branded motel in town. Financial records have been updated (accounting switched over November 2023, reservation system April 2024), and financing is available. The property's asking price is $6,500,000 ($72.22/sq ft). No immediate capital expenditures are anticipated. Conference room rentals and F&B lease revenue provide multiple income streams.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    ML approach
    $510,000

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Columbus
County
Platte
State
Nebraska
Longitude
-97.3663
Latitude
41.4194
CBSA code
18100
CBSA name
COLUMBUS, NE MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$103,418
$938,875
$5,097,315
$6,036,190
-
$938,875
$5,097,315
$6,036,190
More about this property
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