Warehouse with Land
1000 Cunningham Rd, Bellevue, NE 68005
7,260 SF warehouse with additional land for sale.
Type:Industrial
Property size:
7,260 SFLot size:
9.15 AcresPrice / SF:
$81/SF- Added:
- Oct 12, 2022
- Days on Market:
- 1331
- Last Refresh:
- May 12 at 8:14 pm
Property Features for 1000 Cunningham Rd
General Information
- Standard status
- Active
- Size
- 7,260 SF
- Lot size
- 9.15 Acres
- Property subtype
- Industrial
Building Details
- Year Built
- 1973
Listing agent Scott Schneiderman License #NE 19990230
Listing office CBRE - Omaha
Listing date Oct 12, 2022
Source Crexi
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of CBRE - Omaha
HighLights
- Substantial Land Area: 9.15 acres across two parcels.
- Existing Warehouse Building: 7,260 SF warehouse on the property.
- High Ceiling: Benefit from the 14’ clear ceiling height in the warehouse.
- Multiple Drive‑in Doors: Two 12’x14’ drive‑in doors for easy access.
- Refrigeration Capabilities: Includes two walk‑in coolers and one walk‑in freezer.
- Functional Features: Equipped with heaters and a floor drain.
Overview
This property includes a 7,260 square foot warehouse building along with available land totaling 9.15 acres and 4.75 acres, identified as parcel numbers 010626689 and 011592191, respectively. The warehouse features a clear ceiling height of 14 feet. It is equipped with two drive-in doors, each measuring 12 feet by 14 feet. The building also contains two walk-in coolers, each with dimensions of 15 feet by 22 feet (330 square feet), and one walk-in freezer measuring 11 feet by 24 feet (264 square feet). The warehouse is equipped with blower heaters and a floor drain.
Local Financial Insights For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $62.0k | $8.54 |
| − Vacancy | −$1.8k | −$0.25 |
| EGI | $60.2k | $8.29 |
| − OpEx | −$9.0k | −$1.24 |
| NOI | $51.2k | $7.05 |
7,260 SF · lease $8.54/SF/yr · vacancy 2.90% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$731.0K
$639.7K – $852.9K
NOI $51,172 @ 7.0% cap · market cap 8.67%
Second Best
Industrial
$602.0K
$526.8K – $702.4K
NOI $42,142 @ 7.0% cap · market cap 7.14%
Theoretical Best
Office A
$1.95M
$1.70M – $2.27M
NOI $136,378 @ 7.0% cap · market cap 23.11%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Warehouses
Location Insight
- Map
- Local Demand
- City
- Bellevue
- County
- Sarpy
- State
- Nebraska
- Longitude
- -95.8818138
- Latitude
- 41.1036129
Nearby Similar for Sale
FAQs
What type of property is this?
Warehouse - 7,260 SF warehouse with additional land for sale.
Where is this warehouse located?
The property is located at 1000 Cunningham Rd Bellevue, NE.
What is the asking price?
The asking price for this property is $590,000.
What are key features of this property?
This property features: Substantial Land Area: 9.15 acres across two parcels.; Existing Warehouse Building: 7,260 SF warehouse on the property.; High Ceiling: Benefit from the 14’ clear ceiling height in the warehouse.
