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Property profile & analytics
OFF-MARKET
Retail space

520 Hale Ave Newman Grove, NE 68758-6033

2,192 SF 0.06 ac lot Built 1902
Entity Owned 5-yr Hold Free & Clear
Property ID
US57-1048702
Property summary
AI-generated overview

This exceptional 1,440-square-foot flex building presents a rare investment opportunity in the thriving town of Newman Grove, Nebraska. Located at 520 Hale Ave, this single-story, 1960-built structure boasts a highly desirable Main Street location, ensuring excellent visibility and accessibility. The property features an open floor plan, offering immense versatility for a wide range of commercial uses. Imagine the possibilities – adapt this space to perfectly suit your business needs. The building is being sold "as is," providing a unique chance to customize and enhance the property to your specifications. Three convenient parking spaces are included, adding to the property's overall appeal. Situated in Madison County, Nebraska, with a 68758 zip code, this property offers a prime location within a vibrant community. Don't miss this chance to acquire a well-positioned commercial building in a sought-after area. The asking price is $45,000.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1902
Total area 2,192 SF
Lot 0.06 ac (2,500 SF)
Zoning code COMMERCIAL
APN 590014714
UPID US57-1048702
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
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Sixth & Hale LLC · 5 yrs held
Sixth & Hale LLC
since 2020
4 recorded transactions
2020
Price N/A
2017
$40,000
2009
$16,750
2009
$16,750
Zoning & alternative use
COMMERCIAL · Newman Grove, NE
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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