3000 Osborne Dr Hastings, NE 68901
- Retail space
- 91,146 SF
- 9.15 lot acres
Current Use by Public Records
- Dollar Tree / Variety Store / Grocery Store
- Bellino Fireworks / Fireworks Store
- Tractor Supply Co. / Propane Supplier / Animal Feed Store
- Children's Museum of Central Nebraska / Tourist Attraction / Museum
Property Details for 3000 Osborne Dr
- Year built
- 1990
- Lot size
- 9.15 lot acres
- Property size
- 91,146 SF
- Zone code
- COMMERCIAL
- Property type
- Retail space
- APN
- 10013896
- APU
- 10013896
Description
This exceptional retail property, Hastings Commons, presents a unique investment opportunity in a high-traffic area of Hastings, Nebraska. Located at 3000 Osborne Dr E, 68901, this single-story, 1990-built strip center sits on 13.31 acres of land and boasts a total of 9 suites. Currently, there is 16,300 square feet of vacant space available, divisible into units ranging from a minimum of 4,300 square feet to a maximum contiguous space of 12,000 square feet. The property features ample parking with 522 spaces to accommodate customers and employees. Its strategic location within the North Arterial Retail Corridor ensures high visibility and accessibility, with a daily traffic count of 19,000 vehicles on Osborne Drive. Benefit from the strong shadow anchor of a Walmart Supercenter and the proximity to Menards. The upcoming North Park Commons Development further enhances the area's growth potential. The property's zoning is designated as 03 (specific zoning details should be verified independently). The Assessor's Parcel Number (APN) is 284-16457.81. This is an ideal opportunity for businesses seeking high visibility and convenient access in a thriving retail environment.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $1,080,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,465,000
- 6.5%
- $1,630,000
- 7%
- $1,440,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,460,000
- Geo Method
- $1,345,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,675,000
- Retail
- $1,455,000
- Mixed-Use
- $1,305,000
- Hospitality
- $1,500,000
- Educational
- $1,455,000
- Residential Income
- $1,455,000
- Energy
- $1,390,000
- Income-Based Land
- $1,440,000
- Food Service
- $1,595,000
Location Insight
- Map
- Local Demand
- City
- Hastings
- County
- Adams
- State
- Nebraska
- Longitude
- -98.3806
- Latitude
- 40.6162
- CBSA code
- 25580
- CBSA name
- HASTINGS, NE MICROPOLITAN STATISTICAL AREA