1223 Q StAuburn, NE 68305

  • Hotels
  • 8,968 SF
For Sale
$500,000 View listing

Property Details for 1223 Q St

Year built
1992
Lot size
1.20 AC
Property size (Sq ft)
8,968 SF
Zone code
COMMERCIAL
Property type
Hotels
APN
640066585
APU
640066585

Description

This exceptional 1.2-acre commercial land parcel is ideally situated at 1223 Q St in Auburn, Nebraska, zip code 68305. Located in county 31127, this property presents a unique investment opportunity. The land is currently vacant, offering a blank canvas for development. With its generous size, this lot is suitable for a variety of commercial ventures. The asking price for this prime piece of real estate is $500,000. Its strategic location in Auburn, Nebraska offers excellent access to local amenities and transportation routes. The property's coordinates are 40.391783 latitude and -95.8479458 longitude. This is a rare chance to acquire a substantial commercial land holding in a thriving Nebraska community. The property is zoned for commercial use. Further details regarding zoning regulations and potential development opportunities are available upon request. Serious inquiries only. This property is being sold as-is.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,492,699
    6.5%
    $1,377,876
    7%
    $1,279,456
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,507,480
    Geo Method
    $1,507,480
  • Alternative Use

    Use
    Valuation
    Residential
    $1,504,240
    Hospitality
    $1,377,876
    Educational
    $1,146,376
    Medical
    $1,185,802
    Retail
    $1,783,252

Location Insight

City
Auburn
County
Nemaha
State
Nebraska
Latitude
40.3919
Longitude
-95.8478

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
$9,006
$17,188
$446,248
$463,436
-
$17,188
$446,248
$463,436

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