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Drive-In Industrial Building

1145 S 10th Street Blair, NE 68008

1145 S 10th Street, Blair, NE, 68008
$1,750,000
For Sale
$1,750,000

New industrial facility with four 14' x 14' drive-in doors, radiant heat, and 3-phase power for warehousing, manufacturing, or service uses.

Property Size7,608 SF
Price / SF$230.02
Days on Market49

Property Features for 1145 S 10th Street

General Information

Standard status
Active
Size
7,608 SF
Property subtype
Industrial

Building Details

Year Built
2024
Listing Agency
Listed by Brian Thomas · License #NE #20210472
Source Nainpdodge
Added: Jun 2 Checked: Jul 19 at 3:43 am

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 Brian Thomas


Investment Insights

Based on property information with market context.

Newly built 7,608 SF industrial building designed for a practical day-to-day operating layout. The property includes radiant heat, trench drains, and 3-phase electrical power to support warehouse, manufacturing, or service operations. Access and throughput are centered around four 14' x 14' drive-in doors, helping streamline receiving and movement of goods. The large bay is configured with two offices and a break room, providing functional space for staff alongside the production or storage area.

The building is located in Blair, directly across the street from the largest Dollar General Distribution Center in America. The offering is part of a 15-year TIF project warehouse.

This property is well suited for buyers or operators seeking a modern industrial shell with loading flexibility, utility capacity, and site-ready features like radiant heat and trench drains. The combination of drive-in accessibility and dedicated office and break space can support businesses that need both production or storage volume and on-site operational coordination.

Key Highlights

  • Newly built 7,608 SF industrial building (Year Built: 2024)
  • Four (4) 14' x 14' drive‑in doors for loading and operational flexibility
  • Radiant heat throughout the warehouse for temperature control

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 $118.7k $15.60
− Vacancy −$3.6k −$0.47
EGI $115.1k $15.13
− OpEx −$17.3k −$2.27
NOI $97.9k $12.86
7,608 SF · lease $15.60/SF/yr · vacancy 3.00% · expense 15.00%

Alternative Uses

Best Use
Warehouse
$1.40M
$1.22M – $1.63M (±1% cap)
NOI $97,856 @ 7.0% cap · market cap 5.59%
Second Best
Industrial
$1.15M
$1.01M – $1.34M (±1% cap)
NOI $80,587 @ 7.0% cap · market cap 4.60%
Theoretical Best
Office A
$2.00M
$1.75M – $2.33M (±1% cap)
NOI $139,908 @ 7.0% cap · market cap 7.99%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Jennings Millwright Services Factory

Suggested Use

Real Estate Agency Hair Salon Spa & Massage Center Restaurant HVAC Service Big Box & Wholesale Store Kitchen & Bath Showroom Nail Salon Grocery & Convenience Store Plumbing Service

Zoning and permitted uses should be independently verified with local authorities.

Similar Off Market Nearby

  • Mc Kinnis Storage Units — 1050 Grant St, Blair, NE 68008
  • Grant St. Storage — 275 S 11th St, Blair, NE 68008
  • MityMo Storage — 560 Grant St, Blair, NE 68008
  • Highway 75 Storage — 9556 Pine Crest Rd, Blair, NE 68008
  • U-Lock Self Storage — 595 S 13th St, Blair, NE 68008

FAQs

What type of property is this?
Warehouse - New industrial facility with four 14' x 14' drive-in doors, radiant heat, and 3-phase power for warehousing, manufacturing, or service uses.
Where is this warehouse located?
The property is located at 1145 S 10th Street Blair, NE.
What is the asking price?
The asking price for this property is $1,750,000.
What are key features of this property?
This property features: Newly built 7,608 SF industrial building (Year Built: 2024); Four (4) 14' x 14' drive‑in doors for loading and operational flexibility; Radiant heat throughout the warehouse for temperature control
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