Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    664 Chase Blvd Sidney, NE 69162-2582

    • Commercial real estate
    • 39,440 SF
    • 3.77 lot acres
    OFF-MARKET
    Value Estimations
    $3,430,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US57-0449717
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Country Inn & Suites by Radisson, Sidney, NE / Hotel

    Property Details for 664 Chase Blvd

    Year built
    1997
    Construction
    WOOD FRAME
    Lot size
    3.77 lot acres
    Property size
    39,440 SF
    Zone code
    03-COMMERCIAL
    Property type
    Commercial real estate
    APN
    170169928
    APU
    170169928

    Description

    Exceptional investment opportunity: a thriving 85-key Country Inn & Suites hotel in Sidney, Nebraska, is now available for $2,550,000. This well-maintained, two-story property boasts 53,540 square feet situated on a 4.86-acre lot. Built in 1997, the hotel enjoys a highly desirable I-80 location, capitalizing on significant traffic and tourism. The property features comfortable guest rooms equipped with modern amenities including complimentary Wi-Fi, flat-screen TVs, and plush bedding. Guests also have access to an indoor pool, fitness center, guest laundry, and a hot tub. Adding to its appeal is a leased restaurant/gaming lounge, attracting both hotel guests and local patrons. This contributes to a strong revenue stream and established clientele. The hotel's prime location provides easy access to local attractions and businesses, further enhancing its appeal and potential for growth. The Country Inn & Suites benefits from a solid reputation and loyal customer base, promising continued success. The asking price of $2,550,000 translates to $47.63 per square foot, representing a compelling investment opportunity in a growing market. This turnkey operation offers immediate income potential and significant upside for the discerning buyer. Don't miss this chance to acquire a well-established and profitable hospitality asset.

    Value Estimations

    based on Realmo’s proprietary methodology

    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $3,945,000
      Current use
      RESTAURANT
      $4,730,000
      Change: +20% Conversion: Difficult
      OFFICE BUILDING
      $4,690,000
      Change: +19% Conversion: Easy
      RETAIL STORES
      $3,800,000
      Change: -4% Conversion: Easy

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Sidney
    County
    Cheyenne
    State
    Nebraska
    Longitude
    -102.951
    Latitude
    41.1109

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $78,429
    $415,497
    $3,052,802
    $3,468,299
    -
    $415,497
    $3,052,802
    $3,468,299

    Comparable in this City

    • Value Estimation by Request
      0.44 Acres

      Sidney, NE 69162

      COMMERCIAL (GENERAL) • 0.44 Acres
      Sidney, NE 69162
      View Details
    • Value Estimation by Request
      0.16 Acres

      Henry St

      COMMERCIAL (GENERAL) • 0.16 Acres
      Henry St, Sidney, NE 69162
      View Details
    • Value Estimation by Request
      4,600 SF

      1244 Grant St

      COMMERCIAL (GENERAL) • 4,600 SF
      1244 Grant St, Sidney, NE 69162
      View Details
    • Value Estimation by Request
      4,164 SF

      1333 Illinois St

      COMMERCIAL (GENERAL) • 4,164 SF
      1333 Illinois St, Sidney, NE 69162
      View Details
    • Value Estimation by Request
      1,140 SF

      1330 Illinois St

      COMMERCIAL (GENERAL) • 1,140 SF
      1330 Illinois St, Sidney, NE 69162-1531
      View Details
    • Value Estimation
      $3,585,000
      83,200 SF

      3220 Rd 107

      COMMERCIAL (GENERAL) • 83,200 SF
      3220 Rd 107, Sidney, NE 69162-3322
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      229.00 Acres

      Sidney, Nebraska Commercial Land

      Prime I-80 Commercial & Ag Land
      & I-80 Upland Pkwy, Sidney, NE 69162
      View Details
    • $80,000

      Sidney Vacant Income Property

      Vacant income property with apartments and a rental house.
      643 Illinois St, Sidney, NE 69162
      View Details
    • $89,000

      Sidney Commercial Property with Basement

      Commercial building in downtown Sidney with off-street parking.
      829 15Th Ave, Sidney, NE 69162
      View Details
    • $290,000
      1,362 SF

      Sidney Nebraska Service Station

      Prime Retail Location, High Traffic Area
      911 13Th Ave, Sidney, NE 69162
      View Details
    • $550,000

      I-80 Exit Commercial Land

      Commercially zoned land near Walmart, hotels, and Cabelas.
      3000 Silverberg Dr, Sidney, NE 69162
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    664 Chase Blvd
    Sidney, NE 69162-2582
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.