Property summary
This exceptional investment opportunity presents a prime retail complex situated on a high-traffic corner at W. Hwy 30 and Claude Road in Grand Island, Nebraska. The property encompasses three buildings totaling 9,864 square feet on a generous 3-acre lot. The buildings are zoned M2 and offer a versatile layout suitable for a variety of retail uses. One building comprises 864 square feet, while the others offer larger spaces of 3,000 and 6,000 square feet respectively. Currently operating at 100% occupancy, this owner-user opportunity is priced at $1,200,000, or $121.65 per square foot. Built in 1978, the property is classified as Class C and features a single tenancy. The sale includes an existing LED sign, adding significant value to this already attractive offering. This is a rare chance to acquire a substantial retail property in a high-demand location with excellent visibility and established tenancy. The property's size and location make it ideal for expansion or redevelopment, presenting a strong return on investment for the discerning buyer. The property is located at 721 Claude Rd, Grand Island, NE 68803.
Property profile
VerifiedCap rate & NOI
Current use
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Pet Store & Service
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
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from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2022Property description
Physical attributes from public recordsZoning & alternative use
04-INDUSTRIAL · Grand Island, NEZoning
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Zoning designation
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The district profile from the municipal source: what is on file for 04-INDUSTRIAL in Grand Island, NE.
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