Climate-Controlled Industrial
For Sale
Contact for pricing
1112 Applewood Dr, Papillion, NE 68046
Well-maintained single-tenant industrial building offers fully climate-controlled warehouse space with up to 23’ clear height.
Property Size7,000 SF
Price / SF$1.00
Days on Market164
Property Features for 1112 Applewood Dr
General Information
Standard status
Active
Size
7,000 SF
Property subtype
Industrial
Listing Agency:
Omaha
Listed By:
Tommy Culhane · License #20250232
(402) 763-1727
Source:
Colliers
Added: May 14
Changed: Oct 20
Last Checked: Oct 23 at 3:28AM
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 Omaha
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Investment Insights
Based on property information with market context.
Well-maintained single-tenant industrial building available for lease. The property includes a fully climate-controlled warehouse environment and offers warehouse clear height up to 23’. The building is a total of 7,000 SF.
The property is located near 72nd and Hwy 370 in Papillion, Nebraska, supporting convenient access for industrial operations.
This is a straightforward warehouse facility designed for tenants needing a controlled indoor climate and substantial vertical clearance for storage and distribution.
The property is located near 72nd and Hwy 370 in Papillion, Nebraska, supporting convenient access for industrial operations.
This is a straightforward warehouse facility designed for tenants needing a controlled indoor climate and substantial vertical clearance for storage and distribution.
Key Highlights
- 7,000 SF single‑tenant industrial building
- Fully climate‑controlled warehouse space
- Warehouse clear height up to 23’
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$49,339
Suggested Prices Based on Cap Rates
Cap Rate 5%
$986,780
$986.8K
Cap Rate 7%
$704,843
$704.8K
Cap Rate 9%
$548,211
$548.2K
Market Conditions
NOI Build-Up for 7,000 SF
Gross rent
$59.8K $8.54/SF
− Vacancy
−$1.7K −$0.25/SF
EGI
$58.0K $8.29/SF
− OpEx
−$8.7K −$1.24/SF
NOI
$49.3K $7.05/SF
Area
Sarpy County, NE
Vacancy
2.90%
Lease Rate
$8.54 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$986,780
Cap Rate 7%
$704,843
Cap Rate 9%
$548,211
Alternative Uses
Best Use
Warehouse
$704.8K
$616.7K – $822.3K
NOI $49,339 @ 7.0% cap · market cap 704.84%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.88M
$1.64M – $2.19M
NOI $131,494 @ 7.0% cap · market cap 1,878.49%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
386
Businesses Nearby
Under-served
Demand for This Use
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Business Placement
Demographics for 68046, NE
32,242
Population
12,849
Households
2.5
Avg Household Size
36
Median Age
50%
College-Educated
97%
High-School Grad
28.0 sq mi
ZIP Area
1,152
Density / Sq Mi
$113,708
Median Household Income
$57,767
Median Earnings
$1,252
Median Rent
$331,800
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in Midwest region
Frequently Asked Questions
What type of property is this?
Warehouse - Well-maintained single-tenant industrial building offers fully climate-controlled warehouse space with up to 23’ clear height.
Where is this warehouse located?
The property is located at 1112 Applewood Dr Papillion, NE.
What are key features of this property?
This property features: 7,000 SF single‑tenant industrial building; Fully climate‑controlled warehouse space; Warehouse clear height up to 23’
