Industrial Building with
1112 Applewood Dr Papillion, NE 68046
1112 Applewood Dr, Papillion, NE, 68046
Contact for pricing
For Sale
Contact for pricing
Well-maintained industrial building with air-conditioned warehouse space, finished mezzanine loft, and new LED lighting.
Property Size7,000 SF
Price / SF$185
Days on Market133
Property Features for 1112 Applewood Dr
General Information
- Standard status
- Active
- Size
- 7,000 SF
- Property subtype
- INDUSTRIAL
Listing agency
Investors Realty Inc
(402) 778-7520
Listed by
Kevin Stratman, CCIM, SIOR · License #20110363
Source
Moodyscre
Added: Mar 11 Updated: Jul 20 at 11:09PM Checked: Jul 21 at 6:46AM
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 Investors Realty Inc
Investment Insights
Based on property information with market context.
This well-maintained small industrial building includes air-conditioned warehouse space plus a finished mezzanine loft that provides additional usable area. The property also features a small showroom/office space for client-facing operations. New LED lighting throughout supports efficient, modern warehouse use.
The building is located in Cedardale Industrial Park immediately north of Highway 370 in rapidly growing Papillion. It offers connectivity to both I-80 and Hwy 75, with nearby amenities including Shadow Lake Towne Center, the Shoppe's at Market Pointe, and Settler's Creek.
The offering is described as a rare, small owner-occupant opportunity, supported by the combination of warehouse improvements and on-site showroom/office space.
The building is located in Cedardale Industrial Park immediately north of Highway 370 in rapidly growing Papillion. It offers connectivity to both I-80 and Hwy 75, with nearby amenities including Shadow Lake Towne Center, the Shoppe's at Market Pointe, and Settler's Creek.
The offering is described as a rare, small owner-occupant opportunity, supported by the combination of warehouse improvements and on-site showroom/office space.
Key Highlights
- Well‑maintained small industrial building at 1112 Applewood Dr in Papillion
- Located in Cedardale Industrial Park immediately north of Highway 370 for connectivity to I‑80 and Hwy 75
- Finished mezzanine loft adds additional square footage
Local Financial Insights For Office B
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 | $142.8k | $20.40 |
| − Vacancy | −$11.0k | −$1.57 |
| EGI | $131.8k | $18.83 |
| − OpEx | −$33.0k | −$4.71 |
| NOI | $98.9k | $14.12 |
7,000 SF · lease $20.40/SF/yr · vacancy 7.70% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.41M
$1.24M – $1.65M
NOI $98,853 @ 7.0% cap · market cap 7.63%
Second Best
Warehouse
$704.8K
$616.7K – $822.3K
NOI $49,339 @ 7.0% cap · market cap 3.81%
Theoretical Best
Office A
$1.88M
$1.64M – $2.19M
NOI $131,494 @ 7.0% cap · market cap 10.15%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Flex space
Similar For Sale Nearby
FAQs
What type of property is this?
Flex space - Well-maintained industrial building with air-conditioned warehouse space, finished mezzanine loft, and new LED lighting.
Where is this flex space located?
The property is located at 1112 Applewood Dr Papillion, NE.
What is the asking price?
The asking price for this property is $1,295,000.
What are key features of this property?
This property features: Well‑maintained small industrial building at 1112 Applewood Dr in Papillion; Located in Cedardale Industrial Park immediately north of Highway 370 for connectivity to I‑80 and Hwy 75; Finished mezzanine loft adds additional square footage
