Versatile Industrial Property on 8
For Sale
$2,100,000
270 E Grant Street, Blair, NE 68008
Industrial property with three buildings and ample yard space.
Property Size17,440 SF
Lot Size8.00 Acres
Price / SF$120.41
Days on Market212
Property Features for 270 E Grant Street
General Information
Standard status
Active
Size
17,440 SF
Lot size
8.00 Acres
Property subtype
Industrial
Building Details
Building Size
17,440 SF
Year Built
2002
Listed By:
Brian Thomas · License #NE #20210472
(520) 269-1317
Source:
Nainpdodge
Added: Mar 27
Changed: Oct 5
Last Checked: Oct 23 at 5:20AM
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
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Investment Insights
Based on property information with market context.
This industrial property features three buildings totaling approximately 17,440 square feet, situated on 8 acres of fully graveled land. The property includes a 10,000 square foot building, a 6,000 square foot main shop, and an additional 1,440 square foot building, providing flexibility for various industrial and service applications. The expansive yard offers ample space for equipment storage, truck parking, or future expansion. The site also includes an on-site fuel station, adding operational efficiency and value for an owner-user.
Key Highlights
- Three buildings totaling 17,440 SF offer flexibility for various industrial uses.
- 8 acres of fully graveled land provide ample space for storage, parking, or expansion.
- Includes a 10,000 SF building and a 6,000 SF main shop, plus a 1,440 SF building.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$184,731
Cap Rate
8.80%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,694,620
$3.7M
Cap Rate 7%
$2,639,014
$2.6M
Cap Rate 9%
$2,052,567
$2.1M
Market Conditions
NOI Build-Up for 17,440 SF
Gross rent
$272.1K $15.60/SF
− Vacancy
−$8.2K −$0.47/SF
EGI
$263.9K $15.13/SF
− OpEx
−$79.2K −$4.54/SF
NOI
$184.7K $10.59/SF
Area
Washington County, NE
Vacancy
3.00%
Lease Rate
$15.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,694,620
Cap Rate 7%
$2,639,014
Cap Rate 9%
$2,052,567
Alternative Uses
Best Use
Industrial
$2.64M
$2.31M – $3.08M
NOI $184,731 @ 7.0% cap · market cap 8.80%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$4.58M
$4.01M – $5.35M
NOI $320,714 @ 7.0% cap · market cap 15.27%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
167
Businesses Nearby
Explore this area
Business Placement
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
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Market
Vacancy Rate% for Industrial in Midwest region
Frequently Asked Questions
What type of property is this?
Industrial property - Industrial property with three buildings and ample yard space.
Where is this industrial property located?
The property is located at 270 E Grant Street Blair, NE.
What is the asking price?
The asking price for this property is $2,100,000.
What are key features of this property?
This property features: Three buildings totaling 17,440 SF offer flexibility for various industrial uses.; 8 acres of fully graveled land provide ample space for storage, parking, or expansion.; Includes a **10,000 SF building** and a **6,000 SF main shop**, plus a 1,440 SF building.
