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Property profile & analytics
OFF-MARKET
Distribution properties

402 8th St Gothenburg, NE 69138-1902

1,440 SF 0.05 ac lot Built 1957
Individually Owned Absentee Owner Free & Clear
Property ID
US57-0854218
Property summary
AI-generated overview

This single-story, 8,400-square-foot industrial building is situated on a 12,600-square-foot lot at 402 8th Street in Gothenburg, Nebraska, zip code 69138. Conveniently located off Highway 30, this Class B property offers a versatile layout ideal for various uses. Built in 1976 and renovated in 2014, the building features 1,440 square feet of office and retail space, including a boardroom and three offices. The remaining 6,960 square feet comprises a service repair garage/shop area with an insulated shop, radiant heat, and four overhead doors (three 14-foot doors on the west side and one 12-foot door on the north side). The property also includes an HVAC system for the retail area, a fully ADA-compliant restroom, new windows, and fresh paint. The asking price is $336,000, representing a price per square foot of $40. The property is vacant and zoned for commercial use. This NNN lease property presents a fantastic investment opportunity in a progressive Nebraska community. The building has a 15-foot ceiling height. There are no loading docks or dock-high doors.

Property profile
Verified
Property type Distribution properties
Use group COM AUTO TRANS/STORAGE
Year built 1957
Total area 1,440 SF
Lot 0.05 ac (2,300 SF)
Zoning code 03-COMMERCIAL
APN 240058305
UPID US57-0854218
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
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
DANNY BUTTERFIELD
DANNY BUTTERFIELD
Zoning & alternative use
03-COMMERCIAL · Gothenburg, NE
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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