High Traffic Car Lot for Sale

Industrial for Sale
Catylist Listing ID: 30217613
Property Subtypes: Free-Standing
Building Size (RSF): 11,850 SF
Gross Building Area: See Agent
Gross Land Area: 1.61 SF
Sale Price: $1,250,000
Unit Price: $105.49 PSF
Office SF: 1,600 SF
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 8/18/2018

Overview / Comments

Large lot (1.61 acres) located on the east side of North 27th Street between Cornhusker Hwy & Superior Street. The liberal I-1 zoning allows numerous opportunities. It can be used for what is presently set up for, a car lot, storage, and repair shop, or you can get creative. Close proximity to numerous national tenants, including Applebee's, Sonic, and Burger King.

Financials

Finance Data Year 2017
Real Estate Taxes - Annual($) $12,608 (Annual)

Additional Details

Nearest MSA: Lincoln
County: Lancaster
Submarket Type: Other
Tax ID/APN: 17-07-101-004-000
Zoning: I -1
Property Located Between: Cornhusker Hwy & Superior Street
Tenancy: Single Tenant
Total Number of Buildings: 3
Property Condition: Good
Year Built: 1973
Roof Type: Arched
Construction/Siding: Block
Exterior Description: Metal Siding & Wood Siding
Parking Type: Surface
Parking Description: Flat lot/on site
Total Parking Spaces: 100
Sprinklers: None
Heat Type: Natural Gas
Heat Source: Radiant
Air Conditioning: Other
Lighting: Fluorescent
Internet Access: Other
Zoning Description: I-1
In Flood Plain?: Yes
Lot Frontage: 200 ft
Lot Depth: 374 ft
Water Service: Municipal
Sewer Type: Municipal
Land Ownership: Fee Simple
Legal Description: Lincoln Industrial Addition, Lot 3, EX W PT (Being 1.02' on N & 4.22' on S)

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 11,822 98,300 182,658
Median Age: 29.94 30.22 33.14
Households: 5,152 38,939 74,061
The information presented herein is provided as is, without warranty of any kind. Neither Midlands Regional CIE nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.