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2726 Furnas St - Furnas Street Development Property 7.05 Acres of Commercial Land Offered at $1,825,000 in Ashland, NE 68003



INVESTMENT HIGHLIGHTS
- Furnas Street is a main corridor of traffic and will likely be made into a four-lane road within 10 years depending on economic conditions/growth.
- The proximity to Ashland schools and the frontage make it a prime location for both multi-family housing, and needed services as Ashland grows
- There are flood plains to the north that prevents further residential or commercial growth that direction, west and south are the only way to grow
- The 2 single family residences on the property can be incorporated into a new layout/infrastructure and sold or kept long term by an investor
EXECUTIVE SUMMARY
Located in the heart of Ashland Nebraska, one of the fastest growing areas of the state, this revenue producing property presents a variety of potential long term uses. This rare opportunity totals just over 7 acres and is located less than ½ of a mile from all Ashland Schools and 5 minutes from Interstate 80. New residential housing developments, and business districts surrounding the property truly offer a unique combination of property size, frontage, and location. Future land use planning and zoning ensures that Furnas Street will be a main corridor of east to west travel as Ashland continues to grow south and west of established flood plains to the north of the area. Potential uses could incorporate the current revenue producing properties into the layout or could use the entire 7 acres to capture the most frontage advantageous business use. Zoning options could be a combination of R-1, R-2, R-3, mixed used, and commercial/business. ***All potential zoning changes are subject to any potential buyer's due diligence and city/county approval.***
For more information regarding this extremely unique investment opportunity please contact Dan Sedlacek at Nebraska Realty at 402-613-7639 or dannysedlacek@outlook.com
For more information regarding this extremely unique investment opportunity please contact Dan Sedlacek at Nebraska Realty at 402-613-7639 or dannysedlacek@outlook.com
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access |
ANNUAL | ANNUAL PER AC |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
-
|
-
|
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per AC | - |
PROPERTY FACTS
1 LOT AVAILABLE
Lot
| Price | $1,825,000 | Lot Size | 7.05 AC |
| Price Per AC | $258,865.25 |
| Price | $1,825,000 |
| Price Per AC | $258,865.25 |
| Lot Size | 7.05 AC |
LOT 2 TRACT 5 SW SW GRAHAM'S SUBDIVISION 35-13-9 (3.28 ACRES) & LOT 1 TRACT 5 SW SW GRAHAM'S SUBDIVISION 35-13-9 (3.77 ACRES)
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2726 Furnas St - Furnas Street Development Property
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