Property profile

721 Claude Rd Grand Island, NE 68803

OFF-MARKET
Office buildings
Property ID
US57-0293622
864 SF 1.29 ac lot Built 1978
Entity Owned Free & Clear
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Property summary

AI-generated overview

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

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1978
Total area 864 SF
Lot 1.29 ac (56,333 SF)
Zoning code 04-INDUSTRIAL
APN 400151650
UPID US57-0293622

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Pet Store & Service

Location

721 Claude Rd Grand Island, NE 68803-4937
Grand Island metro Census 600 GRAND ISLAND, NE MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$265k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$225k

Owner & transaction history

Zoning & alternative use

04-INDUSTRIAL · Grand Island, 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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