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    Property profile & analytics
    FOR SALE
    Commercial real estate

    300 3Rd Ave, Kearney, NE 68845

    19,512 SF 7.91 ac lot Built 2007
    Entity Owned 19-yr Hold Free & Clear
    Property ID
    US57-0591757
    Property summary
    AI-generated overview

    This exceptional 26,254-square-foot retail property, located at 300 3rd Ave in Kearney, Nebraska, is offered at $4,900,000. Built in 2007, this commercial space boasts a desirable location along 3rd Avenue, providing excellent visibility and convenient access to Interstate 80. The property sits on a generous 7.91-acre lot and features ample parking, with a ratio of 12.25 spaces per 1,000 square feet. Currently configured as a turnkey movie theater, complete with furniture, fixtures, and equipment, the space offers flat concrete floors throughout, making it highly adaptable for a variety of retail or industrial uses. The property's zoning is designated as Commercial. Recent capital improvements, completed in 2022, include a new roof and HVAC units, ensuring efficient and cost-effective operation for the new owner. This presents a unique opportunity to acquire a well-maintained, versatile commercial property in a thriving Nebraska community. The price per square foot is $186.64. The property is located in Buffalo County, Nebraska, zip code 68845.

    Property profile
    Verified
    Property type Commercial real estate
    Use group COMMERCIAL (GENERAL)
    Year built 2007
    Construction CONCRETE
    Total area 19,512 SF
    Lot 7.91 ac (344,560 SF)
    Zoning code 03-COMMERCIAL
    APN 600056000
    UPID US57-0591757
    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
    Current use
    Occupant on record · Public records
    • Kearney Cinema 8 Cinema Theater & Performing Art Venue
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    $3.11M
    Comparable Approach Comparable
    $2.61M
    Blend (final) Blend
    $2.86M
    Owner & transaction history
    Kearney Cinema LLC · 19 yrs held
    Kearney Cinema LLC
    since 2007
    1 recorded transaction
    2007
    $600,000
    Zoning & alternative use
    03-COMMERCIAL · Kearney, NE
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Restaurant $2.5M +17.8%
    Warehouse, storage $2.3M +11.3%
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    More about this property
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