384 Co RdRichland, NE 68601

For Sale
$3,200,000

Nebraska Commercial Property - High NOI

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional commercial property, located at 384 Co Rd 1, Richland, NE 68601, presents a lucrative investment opportunity. The 4.5-acre lot encompasses four buildings totaling 217,295 square feet, constructed in 1998 and zoned for commercial use. The property boasts a strong net operating income (NOI) of $1,700,000, with an asking price of $3,200,000, resulting in a land value of $641,283 per acre. The business itself is a well-established and respected irrigation and snow removal company serving the Columbus, NE area, featuring a loyal customer base and experienced crew. Included in the sale are three semi-trucks, seven trailers of parts and equipment, numerous service trucks, snow removal trucks, tractors, sprinkler equipment, and snow removal equipment. The business also supplies liquid deicer and possesses two liquid applicator vehicles and two bulk salt applicator vehicles. This turnkey operation offers immediate growth potential and a substantial return on investment. The property's Class C designation and the existing infrastructure provide a solid foundation for continued success and expansion. The business has been operating successfully since 1981, demonstrating its longevity and market stability. This is a rare opportunity to acquire a profitable, established business with significant assets and a strong market presence. The property's APN is 0020906. Two gas pumps are also located on the property.

Highlights

  • Exceptional 217,295 SF commercial property on a 4.5-acre lot in Richland, NE.
  • Strong NOI of $1,700,000 with an asking price of $3,200,000.
  • Includes established irrigation and snow removal business operating since 1981, serving the Columbus, NE area.
  • Extensive equipment included: three semi-trucks, seven trailers, service trucks, snow removal trucks, tractors, and various irrigation and snow removal equipment.
  • Property features two gas pumps and is zoned for commercial use (APN: 0020906).

Property Details for 384 Co Rd

Property type
Investment properties, Other commercial real estate
Square Feet
217,295 SF
Class
C
Year Built
1998
Buildings
4
Lot Size (sq. ft)
196,020 SF

Location Insight

City
Richland
County
Colfax
State
Nebraska
Latitude
41.4380126
Longitude
-97.2495005
384 Co Rd, Richland, Nebraska

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384 Co Rd
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