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Industrial Building on Acreage
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309 E 35th Street, Bellevue, NE 68005

Industrial property with a standalone building and substantial surrounding land in Bellevue.

Property Size4,800 SF
Lot Size1.41 Acres
Price / SF$140.63
Days on Market179

Property Features for 309 E 35th Street

General Information

Standard status Active
Size 4,800 SF
Lot size 1.41 Acres
Property subtype Industrial
Zoning Industrial

Building Details

Year Built 2003
Buildings 1
Building Size 4,800 SF
Listing Agency: JLL - Des Moines, Iowa
Listed By: Tanner Borchardt · License #20210007
Source: Crexi
Added: Apr 23 Changed: Oct 5 Last Checked: Oct 16 at 8:55AM

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 JLL - Des Moines, Iowa

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

Investment Insights

Based on property information with market context.

This industrial property includes a 4,800 SF building constructed in 2003. The structure measures 60' x 80' and occupies a 1.405-acre parcel, providing a defined building footprint with additional land surrounding the improvements. The property is identified for Industrial zoning.

The site is located at 309 E 35th Street in Bellevue, Nebraska, with a 68005 ZIP code. Its combination of an established industrial building and sizable parcel supports a straightforward commercial property profile for users seeking existing industrial space with land area.

Key Highlights

  • 4,800 SF industrial building
  • 1.405‑acre property
  • Built in 2003

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$27,862
Cap Rate
4.13%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$557,240 $557.2K
Cap Rate 7%
$398,029 $398.0K
Cap Rate 9%
$309,578 $309.6K
Market Conditions
NOI Build-Up for 4,800 SF
Gross rent
$41.0K $8.54/SF
− Vacancy
−$1.2K −$0.25/SF
EGI
$39.8K $8.29/SF
− OpEx
−$11.9K −$2.49/SF
NOI
$27.9K $5.80/SF
Area
Sarpy County, NE
Vacancy
2.90%
Lease Rate
$8.54 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$557,240
Cap Rate 7%
$398,029
Cap Rate 9%
$309,578

Alternative Uses

Best Use
Industrial
$398.0K
$348.3K – $464.4K (±1% cap)
NOI $27,862 @ 7.0% cap · market cap 4.13%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.29M
$1.13M – $1.50M (±1% cap)
NOI $90,168 @ 7.0% cap · market cap 13.36%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Industrial properties

Suggested Use

Top Pick Real Estate Agency Restaurant Building Supply Dental Office Law Firm Pharmacy

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

61
Businesses Nearby

Demographics for 68005, NE

23,236
Population
9,778
Households
2.4
Avg Household Size
37
Median Age
29%
College-Educated
92%
High-School Grad
18.7 sq mi
ZIP Area
1,243
Density / Sq Mi
$66,347
Median Household Income
$41,702
Median Earnings
$1,033
Median Rent
$193,600
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 - Industrial property with a standalone building and substantial surrounding land in Bellevue.
Where is this industrial property located?
The property is located at 309 E 35th Street Bellevue, NE.
What is the asking price?
The asking price for this property is $675,000.
What are key features of this property?
This property features: 4,800 SF industrial building; 1.405‑acre property; Built in 2003
(308) 529-3861 Call to check price and availability
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