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Property profile & analytics
OFF-MARKET
Warehouses

820 3rd St Chadron, NE 69337-2242

7,000 SF 0.64 ac lot Built 1960
Individually Owned 5-yr Hold Free & Clear
Property ID
US57-0956585
Property summary
AI-generated overview

This exceptional Chadron, Nebraska property, located at 820 W 3rd Street, offers 28,000 square feet of versatile space on a 0.65-acre lot (140 x 200 ft). Currently configured as a custom car renovation shop, the property includes three distinct work/storage areas and a separate, newly renovated 1,440 sq ft apartment. The apartment features three bedrooms, two bathrooms, an open kitchen with appliances and an island, ample closet space, and a covered patio. Improvements include a new roof, updated siding, new HVAC, plumbing, and electrical systems, and low-maintenance landscaping. The shop areas boast new overhead doors (12x12, 12x14, and 10x10), a loading dock, and heated spaces. One storage area is 40x50 ft, another is 40x50 ft heated, and the main shop space measures 60x50 ft. The property benefits from three-phase electricity and abundant parking. Its adaptable layout makes it ideal for various uses, including manufacturing, warehousing, automotive repair, storage (classic cars, boats, RVs), or a construction headquarters. The integrated living quarters/office space adds significant convenience and potential for owner-occupancy or rental income. The asking price is $499,000. This property presents a unique opportunity in a desirable Nebraska location.

Property profile
Verified
Property type Warehouses
Use group MINI-WAREHOUSE, STORAGE
Year built 1960
Total area 7,000 SF
Lot 0.64 ac (27,902 SF)
Zoning code 03-COMMERCIAL
APN 230006180
UPID US57-0956585
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
Current use
Occupant on record · Public records
  • Mansfield Enterprises Hardware & Home Improvement HVAC Service
Value estimations
Realmo proprietary · 4 methods
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by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Jackson L Theis · 5 yrs held
Jackson L Theis
since 2021
Last sale
$100,000
2 recorded transactions
2021
$100,000
2017
Price N/A
Zoning & alternative use
03-COMMERCIAL · Chadron, NE
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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