2550 Diers AveGrand Island, NE 68803

Property Details for 2550 Diers Ave

Year built

1978

Lot size

1.51 AC

Property size (Sq ft)

13,816 SF

Zone code

03-COMMERCIAL

Property type

Office buildings

APN

400023261

APU

400023261

Description

This exceptional 1,225 square foot office suite, located at 2550 N Diers Ave Ste V in Hall County, presents a fantastic opportunity for a single tenant. Built in 1978, this single-story building offers a well-maintained space within a larger 13,816 square foot building. The suite boasts a functional layout including two private offices, with the potential to create a third smaller office, catering to various business needs. A sizable open area is ideal for cubicles, providing flexibility for team configurations. Employee and client convenience is ensured with the inclusion of a single, ADA-compliant restroom. This is a gross lease, meaning all utilities are included in the monthly rental amount, excluding internet service. The property's convenient location adds to its appeal, making it an attractive option for businesses seeking efficient and comfortable office space in Hall County. The single-tenant occupancy ensures privacy and control over the entire space. This is a traditional office space perfect for a small business or professional practice seeking a move-in ready solution. The property is situated in a single-story building, offering easy accessibility. This is a rare opportunity to secure a well-appointed office suite in a desirable location.

• CAP approach

  CAP return

  Valuation

  6%

  $2,753,865

  6.5%

  $2,542,030

  7%

  $2,360,456

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,662,341

  Geo Method

  $1,662,341

• Alternative Use

  Use

  Valuation

  Residential

  $3,152,117

  Hospitality

  $2,887,322

  Educational

  $2,402,218

  Medical

  $2,484,834

  Retail

  $3,736,784

Location Insight

City

Grand Island

County

Hall

State

Nebraska

Latitude

40.9476

Longitude

-98.3852

CBSA code

24260

CBSA name

GRAND ISLAND, NE MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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