310 Main StScribner, NE 68057

Property Details for 310 Main St

Year built

1982

Lot size

0.30 AC

Property size (Sq ft)

2,400 SF

Zone code

COMMERCIAL

Property type

Office buildings

APN

270084084

APU

270084084

Description

This exceptional commercial property in Scribner, Nebraska, presents a lucrative investment opportunity. The 2,400 square-foot brick building, constructed in 1982, sits on a 0.14-acre lot and is zoned for commercial use. Currently housing two rent-paying tenants, this single-story building offers significant income potential. The property features two suites, each with its own bathroom, and one even includes a shower. The building boasts a recently updated furnace (installed within the last two years) and a newer roof, ensuring low maintenance costs. Constructed with durable 2x6 walls and superior insulation, this building is exceptionally energy-efficient. The entire lot is paved, providing ample parking. This listing is for the 2,400 square-foot brick building only; it does not include an adjacent storage building. The seller is currently separating the subject property from the existing parcel. High-quality photographs will be available soon. This is a fantastic opportunity to acquire a well-maintained, income-generating property in a desirable location. The property's solid construction, updated systems, and existing tenants make it an attractive investment for both seasoned and new investors. Don't miss out on this chance to own a piece of Scribner's thriving commercial landscape.

• CAP approach

  CAP return

  Valuation

  6%

  $375,362

  6.5%

  $346,488

  7%

  $321,739

• Comparable approach

  Method

  Valuation

  Relative Method

  $122,496

  Geo Method

  $122,496

• Alternative Use

  Use

  Valuation

  Residential

  $429,645

  Hospitality

  $393,553

  Educational

  $327,431

  Medical

  $338,692

  Retail

  $509,337

Location Insight

City

Scribner

County

Dodge

State

Nebraska

Latitude

41.6655

Longitude

-96.6663

CBSA code

23340

CBSA name

FREMONT, NE MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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