4725 Twin Rivers RdNorth Platte, NE 69101

Property Details for 4725 Twin Rivers Rd

Year built

2003

Lot size

4.09 AC

Property size (Sq ft)

12,446 SF

Zone code

COMMERCIAL

Property type

Office buildings

APN

0045727.05

APU

4572705

Description

This exceptional Class A office building, situated at 4725 Twin Rivers Rd in North Platte, Nebraska, presents a compelling investment opportunity. Spanning 12,032 square feet on a 4.08-acre lot, this single-story, 2003-built structure offers a highly efficient floor plan. Its prime location provides convenient access to Interstate 80, enhancing accessibility for employees and clients. Ample parking is available with 194 stalls, including 8 designated handicap spaces. The property's Light Industrial zoning (I-1) adds versatility. Currently vacant, this building includes all furniture, fixtures, and equipment (FF&E), representing a turnkey solution for businesses seeking immediate occupancy. Its proximity to downtown North Platte and the Lee Bird Regional Airport further enhances its strategic appeal. The asking price is $1,650,000, translating to $137.13 per square foot. This represents a significant opportunity to acquire a well-maintained, strategically located office building in a thriving Nebraska community. The property's features and location make it ideal for a variety of businesses seeking a functional and accessible workspace. Don't miss this chance to secure a valuable asset in a dynamic market.

• CAP approach

  CAP return

  Valuation

  6%

  $2,336,062

  6.5%

  $2,156,365

  7%

  $2,002,339

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,441,514

  Geo Method

  $1,028,288

• Alternative Use

  Use

  Valuation

  Residential

  $2,673,893

  Hospitality

  $2,449,272

  Educational

  $2,037,765

  Medical

  $2,107,847

  Retail

  $3,169,857

Location Insight

City

North Platte

County

Lincoln

State

Nebraska

Latitude

41.0909

Longitude

-100.735

CBSA code

35820

CBSA name

NORTH PLATTE, NE MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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