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Drive-In Industrial Building
For Sale
$1,750,000

1145 S 10th Street, Blair, NE 68008

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 Market129

Property Features for 1145 S 10th Street

General Information

Standard status Active
Size 7,608 SF
Property subtype Industrial

Warehouse & Industrial

Drive-In Doors 4
Heavy Power Yes

Building Details

Building Size 7,608 SF
Year Built 2024
Listed By: Brian Thomas · License #NE #20210472
Source: Nainpdodge
Added: Jun 2 Changed: Sep 13 Last Checked: Oct 7 at 9:01AM

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

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$97,856
Cap Rate
5.59%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,957,120 $2.0M
Cap Rate 7%
$1,397,943 $1.4M
Cap Rate 9%
$1,087,289 $1.1M
Market Conditions
NOI Build-Up for 7,608 SF
Gross rent
$118.7K $15.60/SF
− Vacancy
−$3.6K −$0.47/SF
EGI
$115.1K $15.13/SF
− OpEx
−$17.3K −$2.27/SF
NOI
$97.9K $12.86/SF
Area
Washington County, NE
Vacancy
3.00%
Lease Rate
$15.60 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,957,120
Cap Rate 7%
$1,397,943
Cap Rate 9%
$1,087,289

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 authorities.

Property Analytics

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Current Use

Jennings Millwright Services Factory

Suggested Use

Top Pick HVAC Service (Bike/Boat/Book/etc) Store Electrical Service Locksmith Kitchen & Bath Showroom Furniture & Home Goods

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Drive-in doors
Yes
Heavy power

Location Intelligence

Trade Area within ½ mile

25
Businesses Nearby
Balanced
Demand for This Use

Demographics for 68008, NE

12,597
Population
5,289
Households
2.4
Avg Household Size
42
Median Age
39%
College-Educated
97%
High-School Grad
124.0 sq mi
ZIP Area
102
Density / Sq Mi
$86,905
Median Household Income
$54,588
Median Earnings
$933
Median Rent
$254,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
Rey
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Similar Off Market Nearby

  • Tims Warehouse — 1825 Park St, Blair, NE 68008

Frequently Asked Questions

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
More about this property
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