Commerical/Industrial Building and Vacant Land for Sale

Industrial for Sale
Also listed as Business Opportunity
Catylist Listing ID: 30765272
Property Subtypes: Flex Space, Free-Standing, Light Industrial, Office Showroom, Warehouse/Distribution
Building Size (RSF): 6,160 SF
Gross Building Area: See Agent
Gross Land Area: 5.01 Acres
Sale Price: $720,000
Unit Price: $116.88 PSF
Office SF: 468 SF
Drive In Bays: 3 Bays
Property Use Type: Net Leased Investment (NNN), Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 10/25/2021

Overview / Comments

This is an awesome opportunity to own a flexible commercial/industrial building plus five acres of land. The building sits on about one acre which leave four acres for expansion or commercial development.

The metal on steel building has been incredibly well-maintained. A geothermal system provides economical heating and cooling and is supplemented with radiant heaters in the shop and superb insulation. Additionally there are two floor drains and a water softener. Large, nicely appointed office, break area/storeroom, mezzanine storage, and two restrooms (one in the office and one in the shop). Three drive-in doors.

The paint booth, mixing station, and other trade fixtures and other personal property are not included in the asking price, but are available for purchase.

Additional Details

Nearest MSA: Lincoln
County: Seward
Taxing Authority: Seward County
Tax ID/APN: 800227710
Zoning: COMMERCIAL
Property Located Between: Between I-80 and US 6 on Nebraska Hwy 15
Highway Access: On Nebraska Hwy 15, 2.5 miles to I-80; 0.8 miles to US 6
Site Description: This is a flat, 5 acre site fronting to Nebraska Hwy 15.
Area Description: A rural, light industrial area north and west of Milford.
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 6,100 SF
Property Condition: Excellent
Year Built: 2014
Roof Type: Gable
Construction/Siding: Metal Siding, Steel Frame, Stone
Exterior Description: A steel building with metal siding sitting on the southwest corner of the lot.
Parking Type: Surface
Parking Description: Gravel and grass parking around the building.
Amps: 1,050
X-Phase: 3-phase
Heat Type: Propane, Geothermal
Heat Source: Central, Radiant, Other
Air Conditioning: Package Unit
Interior Description: The building has a large shop area and a nicely appointed office (approximately 470 sf).
Zoning Description: Zoned for commercial use
Lot Frontage: 467
Lot Depth: 467
Water Service: Well
Sewer Type: Septic
Legal Description: EARNEST ACRES, LOCATED IN THE WEST ONE-HALF OF THE NORTHWEST QUARTER OF SECTION 4, TOWNSHIP 9 NORTH, RANGE 3, EAST OF THE 6TH P.M., SEWARD COUNTY, NEBRASKA

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 2,380 2,380
Median Age: 32.27 32.27
Households: 872 872

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