Fenced Flex Property with Outdoor
For Sale
Contact for pricing
3008 Morningside Rd, Fremont, NE 68025
Two-building flex property with office, showroom, warehouse, drive-in access, and secured outdoor storage.
Property Size25,225 SF
Price / SF$189.89
Days on Market149
Property Features for 3008 Morningside Rd
General Information
Standard status
Active
Size
25,225 SF
Property subtype
INDUSTRIAL
Listing Agency:
CBRE | Omaha
(402) 334-8877
Listed By:
Dean Hokanson · License #0730178
(402) 697-5844
Source:
Moodyscre
Added: May 20
Changed: Oct 10
Last Checked: Oct 15 at 2:14AM
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 CBRE | Omaha
Investment Insights
Based on property information with market context.
The 25,225-square-foot flex property at 3008 Morningside Rd includes two separate buildings with distinct functions. Building one provides 3,500 SF of office and showroom space, while building two is configured as a dedicated warehouse. Large drive-in doors support movement of equipment and materials, and the property has 280 amp power.
Approximately 5 acres of outdoor storage accompany the buildings. The entire premises is fully fenced, creating a defined operating area for the property’s building and storage components.
Approximately 5 acres of outdoor storage accompany the buildings. The entire premises is fully fenced, creating a defined operating area for the property’s building and storage components.
Key Highlights
- 25,225‑square‑foot flex property with two buildings
- Building one includes 3,500 SF of office/showroom space
- Building two is a dedicated warehouse
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$414,282
Cap Rate
8.65%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$8,285,640
$8.3M
Cap Rate 7%
$5,918,314
$5.9M
Cap Rate 9%
$4,603,133
$4.6M
Market Conditions
NOI Build-Up for 25,225 SF
Gross rent
$602.4K $23.88/SF
− Vacancy
−$50.0K −$1.98/SF
EGI
$552.4K $21.90/SF
− OpEx
−$138.1K −$5.47/SF
NOI
$414.3K $16.42/SF
Area
Dodge County, NE
Vacancy
8.30%
Lease Rate
$23.88 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$8,285,640
Cap Rate 7%
$5,918,314
Cap Rate 9%
$4,603,133
Alternative Uses
Best Use
Office B
$5.92M
$5.18M – $6.90M
NOI $414,282 @ 7.0% cap · market cap 8.65%
Second Best
Warehouse
$2.54M
$2.22M – $2.96M
NOI $177,798 @ 7.0% cap · market cap 3.71%
Theoretical Best
Office A
$6.77M
$5.92M – $7.90M
NOI $473,849 @ 7.0% cap · market cap 9.89%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
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Current Use
Location Intelligence
Trade Area within ½ mile
70
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 68025, NE
31,301
Population
14,017
Households
2.2
Avg Household Size
38
Median Age
22%
College-Educated
89%
High-School Grad
124.0 sq mi
ZIP Area
252
Density / Sq Mi
$69,467
Median Household Income
$41,546
Median Earnings
$1,005
Median Rent
$201,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Midwest region
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Frequently Asked Questions
What type of property is this?
Flex space - Two-building flex property with office, showroom, warehouse, drive-in access, and secured outdoor storage.
Where is this flex space located?
The property is located at 3008 Morningside Rd Fremont, NE.
What is the asking price?
The asking price for this property is $4,790,000.
What are key features of this property?
This property features: 25,225‑square‑foot flex property with two buildings; Building one includes 3,500 SF of office/showroom space; Building two is a dedicated warehouse
