Vineyard and Tasting Room
17111 S 138th Street Springfield, NE 68059
17111 S 138th Street, Springfield, NE, 68059
$1,950,000
For Sale
$1,950,000
Active vineyard property with a tasting room and production facility plus two shop/warehouse buildings.
Property Size12,158 SF
Lot Size17.00 Acres
Price / SF$160.39
Days on Market51
Property Features for 17111 S 138th Street
General Information
- Standard status
- Active
- Size
- 12,158 SF
- Lot size
- 17.00 Acres
- Property subtype
- Former Soaring Wings Vineyard
Listing agency
NAI NP Dodge
(402) 679-0159
Listed by
Bryan Hartmann · License #20010011
(402) 679-0159
Source
Nainpdodge
Added: Jun 2 Updated: Jul 22 at 12:34AM Checked: Jul 22 at 4:49AM
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 NAI NP Dodge
Investment Insights
Based on property information with market context.
Soaring Wings Vineyard is a 17-acre property in Springfield, NE featuring an active vineyard and a 12,000 sq ft tasting room and production facility. The site is also improved with two additional shop/warehouse buildings, providing flexible enclosed space for specialized operations.
The property is positioned for both continuation of vineyard operations and alternative use, including the potential to redevelop into a wedding venue facility. Views and the presence of dedicated event-friendly space are part of the overall property character described in the offering.
For buyers seeking a turnkey agricultural use with on-site hospitality and production space, this combination of vineyard acreage, tasting room, and multiple buildings supports a range of operational layouts while keeping core improvements in place.
The property is positioned for both continuation of vineyard operations and alternative use, including the potential to redevelop into a wedding venue facility. Views and the presence of dedicated event-friendly space are part of the overall property character described in the offering.
For buyers seeking a turnkey agricultural use with on-site hospitality and production space, this combination of vineyard acreage, tasting room, and multiple buildings supports a range of operational layouts while keeping core improvements in place.
Key Highlights
- 17‑acre Springfield, NE property with an active vineyard
- 12,158 SF tasting room and production facility
- Includes 12,158 SF tasting room and production plus (2) shop/warehouse buildings
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 | $103.8k | $8.54 |
| − Vacancy | −$3.0k | −$0.25 |
| EGI | $100.8k | $8.29 |
| − OpEx | −$15.1k | −$1.24 |
| NOI | $85.7k | $7.05 |
12,158 SF · lease $8.54/SF/yr · vacancy 2.90% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$1.22M
$1.07M – $1.43M
NOI $85,696 @ 7.0% cap · market cap 4.39%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.26M
$2.85M – $3.81M
NOI $228,387 @ 7.0% cap · market cap 11.71%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Soaring Wings Vineyard
Brewery & Distillery
FAQs
What type of property is this?
Vineyard - Active vineyard property with a tasting room and production facility plus two shop/warehouse buildings.
Where is this vineyard located?
The property is located at 17111 S 138th Street Springfield, NE.
What is the asking price?
The asking price for this property is $1,950,000.
What are key features of this property?
This property features: 17‑acre Springfield, NE property with an active vineyard; 12,158 SF tasting room and production facility; Includes 12,158 SF tasting room and production plus (2) shop/warehouse buildings
