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419 S 11Th St Nebraska City, NE 68410

Turn key restaurants Google Maps
1,924 SF 0.28 ac lot Built 1950
Individually Owned 20-yr Hold Absentee Owner ~ Est. High Equity
Estimated value (blended)
$285k
Range $257k – $314k (±10%)
Property ID US57-0616411

Property summary

AI-generated overview

This exceptional owner-user opportunity presents a thriving restaurant in Nebraska City, NE. Located at 419 S 11th St, this 1,924 square foot establishment sits on a 0.28-acre lot, boasting a highly visible location at the light-controlled intersection of 4th Corso and S 11th Street. The property benefits from significant traffic volume, with 13,288 vehicles passing daily. The building features a convenient drive-thru window, adding to its operational efficiency and customer convenience. The existing restaurant infrastructure is in place, providing a seamless transition for a new owner. This is a rare chance to acquire a well-established business within Nebraska City's prime retail corridor, zoned GC. The asking price is $517,000, translating to $268.71 per square foot. This turnkey operation offers immediate income potential and significant upside for a savvy investor or owner-operator. Don't miss this unique opportunity to own a piece of Nebraska City's thriving culinary scene.

Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1950
Total area 1,924 SF
Lot 0.28 ac (12,096 SF)
Zoning code COMMERCIAL
APN 3258500
UPID US57-0616411

Cap rate & NOI

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

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$285k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$285k

Owner & transaction history

since 2006
1 recorded transaction
2006
$175,000

Zoning & alternative use

COMMERCIAL · Nebraska City, 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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