Property profile

308 Claude Rd Grand Island, NE 68803

OFF-MARKET
Office buildings
Property ID
US57-0319575
2,988 SF 1.03 ac lot Built 1999
Entity Owned ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 7,500-square-foot flex space in Grand Island, Nebraska, presents a compelling investment opportunity. Situated on a one-acre lot at 308 Claude Rd, this property boasts a blend of office and warehouse space, ideal for a variety of businesses. Originally constructed in 1999 with a 2013 addition, the single-story building features five or more private offices, a comfortable break room, and ample open space suitable for cubicles or workstations. The warehouse area encompasses approximately 2,000 square feet, complemented by roughly 2,250 square feet of mezzanine storage. A 14' high by 12' wide overhead door provides convenient access. The property includes two ADA-compliant half-bathrooms and is equipped with four HVAC units and radiant heat in the warehouse area. The high ceilings, ranging from 16 to 20 feet, maximize usable space. The property is zoned M2 and offers a unique combination of office and warehouse functionality. This well-maintained building is ready for immediate occupancy.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1999
Total area 2,988 SF
Lot 1.03 ac (45,000 SF)
Zoning code 04-INDUSTRIAL
APN 400367777
UPID US57-0319575

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Factory Production Facility

Location

308 Claude Rd Grand Island, NE 68803-4943
Grand Island metro Census 600 GRAND ISLAND, NE MICROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$645k
Comparable Approach Comparable
$521k
Blend (final) Blend
$685k

Owner & transaction history

since 2025
3 recorded transactions
2025
$900,000
2025
Price N/A
2018
$402,000

Zoning & alternative use

04-INDUSTRIAL · Grand Island, 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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