Property profile

3720 2nd Ave Kearney, NE 68847

OFF-MARKET
Drive through restaurants
Property ID
US57-0586134
3,783 SF 1.07 ac lot Built 2017
Entity Owned ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional commercial property at 3720 2nd Avenue, Kearney, Nebraska, 68847, presents a unique investment opportunity. Priced at $55,000, the sale includes an established consignment shop, "Posh Shoppe Consignment," currently operating under a month-to-month lease at a nearby location (3702 2nd Avenue). The buyer has the flexibility to continue operations at the current address or relocate. The sale encompasses all existing inventory, equipment, contracts, and consignor lists, providing a turnkey business acquisition. Importantly, all outstanding debits owed to consignors will be settled by the sellers before closing, ensuring a clean transaction. Detailed financial records, including profit and loss statements, expense reports, and current inventory valuations, are available for qualified buyers upon request. This is a rare chance to acquire a profitable, established business along with the land, offering significant potential for growth and return on investment. The property is classified as special purpose land and is zoned for commercial use. The sale is for the business and land only

Property profile

Verified
Property type Drive through restaurants
Use group DRIVE-THRU RESTAURANT, FAST FOOD
Year built 2017
Construction CONCRETE
Total area 3,783 SF
Lot 1.07 ac (46,500 SF)
Zoning code 03-COMMERCIAL
APN 604895000
UPID US57-0586134

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
  • Restaurant
  • Insurance Agency
  • Marketing & Advertising Advertising Agency

Location

3720 2nd Ave Kearney, NE 68847-8102
Kearney metro Census 969202 KEARNEY, NE MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$365k
CAP Approach CAP
by Request
Comparable Approach Comparable
$645k
Blend (final) Blend
$505k

Owner & transaction history

Zoning & alternative use

03-COMMERCIAL · Kearney, 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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