Listing Agency: CBRE | Omaha

Listed By: Mark Obermeyer · License #20000181 Show Phone

Source: Cbre

Added: Mar 27 Changed: Nov 4 Last Checked: Nov 6 at 5:03AM

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Review the available facts, identify missing information and prepare questions for the agent.

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Investment Insights

Based on property information with market context.

The property features a 5,800-square-foot industrial building situated on a 2.20-acre lot. The sale price is $899,000.

Key Highlights

• Large building size: 5,800 SF
• Substantial lot size: 2.20 AC
• Sale Price: $899,000

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$33,217

Cap Rate

3.69%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$664,340 $664.3K

Cap Rate 7%

$474,529 $474.5K

Cap Rate 9%

$369,078 $369.1K

Is this asking price fair?

Market Conditions

NOI Build-Up for 5,800 SF

Gross rent

$48.7K $8.40/SF

− Vacancy

−$1.3K −$0.22/SF

EGI

$47.5K $8.18/SF

− OpEx

−$14.2K −$2.45/SF

NOI

$33.2K $5.73/SF

Area

Douglas County, NE

Vacancy

2.60%

Lease Rate

$8.40 /SF/Yr

Expense Ratio

30.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$664,340

Cap Rate 7%

$474,529

Cap Rate 9%

$369,078

Alternative Uses

Best Use

Industrial

$474.5K

$415.2K – $553.6K (±1% cap)

NOI $33,217 @ 7.0% cap · market cap 3.69%

Second Best

—

—

no second resolved use

Theoretical Best

Office A

$1.47M

$1.29M – $1.72M (±1% cap)

NOI $103,050 @ 7.0% cap · market cap 11.46%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history

Open Analytics

Current Use

Industrial properties

Suggested Use

Top Pick Building Supply Electrical Service Pharmacy Law Firm Nail Salon Veterinary Clinic

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

Location Intelligence

Trade Area within ½ mile

53

Businesses Nearby

Explore this area Business Placement

Demographics for 68007, NE

16,250

Population

6,268

Households

2.6

Avg Household Size

33

Median Age

58%

College-Educated

98%

High-School Grad

37.7 sq mi

ZIP Area

431

Density / Sq Mi

$137,767

Median Household Income

$69,521

Median Earnings

$1,581

Median Rent

$369,900

Median Home Value

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

Frequently Asked Questions

What type of property is this?

Industrial property - 5,800 SF industrial building on a 2.20 AC lot.

Where is this industrial property located?

The property is located at 16205 Pawnee Road Bennington, NE.

What is the asking price?

The asking price for this property is $899,000.

What are key features of this property?

This property features: Large building size: **5,800 SF**; Substantial lot size: **2.20 AC**; Sale Price: **$899,000**