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Financial
Distress signals
Property profile

639 Locust St Grand Island, NE 68801

OFF-MARKET
Retail space
Property ID
US57-0319362
5,945 SF 0.14 ac lot Built 1946
Last sale Feb 2026 · $298,000
Individually Owned Owner of record is an individual. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a mixed-use building providing more than 8,500 square feet of updated space configured for office, retail, multi-use, and open-concept layouts. It has a stone-facade front entrance facing South Locust, along with a back entry and lobby. The building includes features such as a replaced roof and updated interior finishes, including new carpet, updated decor, and updated lighting. The property is located in Grand Island, Hall County, Nebraska, near downtown, on a 0.26-acre lot. Zoning is B2.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2022

What does the county charge?
$3k
Tax billed · 2022
Assessed value · 2023$171k
Assessed land$24k
Assessed improvement$147k
Effective rate1.82%

Value estimate

· Oct 2026
$240k
$216k – $264k
AI approach$240k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$92/SF
Submarket average, outlier-cleaned · 29 recorded sales of this use type
Observed band · Q1–Q3$47 – $128

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
03-COMMERCIAL
JurisdictionHALL

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency15.0
Dental Office12.2
Parking Facility11.9

Location

639 Locust St Grand Island, NE 68801-6762
County assessor Recorded deeds · 6 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 13 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
309 3rd, Grand Island, NE 68801-5940 $250,000 Mar 2025 5,434 SF
309 Pne, Grand Island, NE 68801-5927 $300,000 Jan 2023 7,262 SF
208 3rd, Grand Island, NE 68801-5916 $250,000 Nov 2022 8,184 SF
217 Locust, Grand Island, NE 68801-5921 $1,500,000 Apr 2022 3,872 SF
1729 Locust, Grand Island, NE 68801-8248 $990,000 Dec 2020 6,972 SF
3416 Locust, Grand Island, NE 68801-8827 $1,009,285 Jan 2020 6,531 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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