NOT LISTED FOR SALE

1275 462nd Utica, NE 68456

10.47 Acres
-- Price per Acre
456,073 Sq Ft Lot

Sale Details

Date Sold: April 13, 2021

Last sale price $450,000

2 Days on Market

Highlights

  • 10.47 Acre Lot
  • No HOA
  • Separate Outdoor Workshop

About This Lot

As of April 2021

Unique doesn’t even begin to describe this once in a lifetime property! It’s not very often one gets the opportunity to purchase their own airstrip and airport in Nebraska. This Seward County commercial property sits just south of Utica on a paved road. Encompassing 10.47 acres of income potential, this property boasts a roughly 3,000 foot paved runway, paved taxiway, and a 39,200 square foot concrete building. The runway is in great shape and still being utilized today. The building has withstood the tests of time and formerly housed a flourishing restaurant and small airport. Now, it holds a long-term tenant running an aerial spraying company in the area. The surrounding 183 acre tillable farm is also available for purchase making this an investors dream property! With a little TLC, there is so much potential for more out of this giant space, but even at the current rent price, you can earn 6.3% ROI at list price! This is one you will want to see in person!

Last Agent to Sell the Property

Jake Crnkovich

Midwest Land Group LLC License #20190109 Listed on: 02/15/2021

Midwest Land Group LLC

Last Buyer's Agent

Jake Crnkovich

Midwest Land Group LLC License #20190109 Listed on: 02/15/2021

Midwest Land Group LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,888

Lot Details

  • 10.47 Acre Lot
  • Property fronts a state road
  • Property is zoned Commercial

Schools

  • Centennial Elementary And Middle School
  • Centennial High School

Utilities

  • Well

Listing and Financial Details

  • Assessor Parcel Number 800008480

Community Details

Overview

  • No Home Owners Association

Recreation

  • Separate Outdoor Workshop

Property Details

Property Type

Land

Est. Annual Taxes

$1,888

Lot Details

10.47 Acres

Listing Details

  • Parcel Number: 800008480
  • Property Sub Type: Unimproved Land
  • Zoning: Commercial
  • Prop. Type: Land
  • Lot Size Acres: 10.47
  • Lot Size: 10.47 acres
  • Road Frontage Type: State Road
  • Ownership: Fee Simple
  • Directions: From Utica, go south on 462nd Road 1.25 miles. Property is on the west side of the Highway.
  • Habitable Residence: No
  • Remarks22: Current lease agreement in place on both the tillable acres and airstrip/airport. Please call Listing Agent with all questions and showing requests. Please allow 24 hour notice for tenant.
  • Special Features: None

Exterior Features

  • Road Surface Type: Concrete
  • Fencing: None
  • Other Structures: Workshop, Other

Utilities

  • Electricity On Property: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Available, Water Available, Sewer Available
  • Water Source: Well

Condo/Co-op/Association

  • Association: No

Schools

  • High School: Centennial
  • Elementary School: Centennial
  • Junior High Dist: Centennial
  • Middle Or Junior School: Centennial

Lot Info

  • Lot Features: 10 to 20 Acres
  • Land Lease: No
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 1888.3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 15, 2021
Closed on
May 19, 2021
Sold by
Roth Aerial Farming Llc
Bought by
Stoll Ray and Stoll Mary
Seller's Agent
Jake Crnkovich
Midwest Land Group LLC
Buyer's Agent
Jake Crnkovich
Midwest Land Group LLC
List Price
$450,000
Sold Price
$450,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Outstanding Balance
$694,726
Interest Rate
2.9%
Mortgage Type
Commercial

Purchase Details

Listed on
Feb 15, 2021
Closed on
Apr 9, 2021
Sold by
Flying V Farms Llc
Bought by
Roth Aerial Farming Llc
Seller's Agent
Jake Crnkovich
Midwest Land Group LLC
Buyer's Agent
Jake Crnkovich
Midwest Land Group LLC
List Price
$450,000
Sold Price
$450,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Outstanding Balance
$694,726
Interest Rate
2.9%
Mortgage Type
Commercial
Source: Public Records
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Purchase History

Date Buyer Sale Price Title Company
Stoll Ray $810,000 Title Svcs Of Blue Valley Ll
Roth Aerial Farming Llc $2,000,000 Title Svcs Of Blue Valley Ll
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stoll Ray $800,000
Previous Owner Roth Aerial Farming Llc $2,401,592
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/13/2021 04/13/21 Sold $450,000 0.0% --
02/13/2021 02/13/21 Pending -- -- --
02/11/2021 02/11/21 For Sale $450,000 -- --
Source: Great Plains Regional MLS

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $3,551 $633,296 $79,850 $553,446
2024 $2,251 $328,641 $79,850 $248,791
2023 $1,865 $210,107 $46,175 $163,932
2022 $2,002 $210,107 $46,175 $163,932
2021 $1,930 $210,449 $46,175 $164,274
2020 $1,888 $210,449 $46,175 $164,274
2019 $1,826 $210,449 $46,175 $164,274
2018 $1,794 $210,449 $46,175 $164,274
2017 $1,752 $248,272 $46,175 $202,097
2016 $1,671 $207,180 $46,175 $161,005
2015 $1,707 $209,286 $46,175 $163,111
2013 $2,070 $209,286 $46,175 $163,111
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Great Plains Regional MLS

MLS Number: 22102206

Great Plains Regional MLS

APN: 800008480

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