Flex Property with Drive-Through
New
For Sale
Contact for pricing
3312 W Stolley Park Rd, Grand Island, NE 68803
Separate showroom and warehouse areas support a mix of display and storage functions.
Property Size13,875 SF
Lot Size3.24 Acres
Price / SF$160
Days on Market2
Property Features for 3312 W Stolley Park Rd
General Information
Standard status
Active
Size
13,875 SF
Lot size
3.24 Acres
Property subtype
INDUSTRIAL
Warehouse & Industrial
Warehouse Space
8,568 SF
Drive-In Doors
5
Additional Details
Highway Access
Yes
Listing Agency:
NAI NP Dodge
(402) 255-6060
Listed By:
Spencer Morrissey · License #20170041
(402) 719-7249
Source:
Moodyscre
Added: Oct 30
Last Checked: Oct 30 at 3:40PM
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
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Investment Insights
Based on property information with market context.
This flex property comprises 5,307 square feet of showroom space and 8,568 square feet of warehouse space. Five drive-through doors provide access through the warehouse, and the site includes 3.24 acres of concrete paving.
The property is at 3312 W Stolley Park Rd in Grand Island, Nebraska, near I-80.
The property is at 3312 W Stolley Park Rd in Grand Island, Nebraska, near I-80.
Key Highlights
- 13,875 square feet total: 5,307‑square‑foot showroom and 8,568‑square‑foot warehouse
- 3.24 acres of concrete‑paved area
- 5 drive‑through doors
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$169,762
Cap Rate
7.65%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,395,240
$3.4M
Cap Rate 7%
$2,425,171
$2.4M
Cap Rate 9%
$1,886,244
$1.9M
Market Conditions
NOI Build-Up for 13,875 SF
Gross rent
$254.7K $18.36/SF
− Vacancy
−$12.2K −$0.88/SF
EGI
$242.5K $17.48/SF
− OpEx
−$72.8K −$5.24/SF
NOI
$169.8K $12.24/SF
Area
Hall County, NE
Vacancy
4.80%
Lease Rate
$18.36 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,395,240
Cap Rate 7%
$2,425,171
Cap Rate 9%
$1,886,244
Alternative Uses
Best Use
Retail
$2.43M
$2.12M – $2.83M
NOI $169,762 @ 7.0% cap · market cap 7.65%
Second Best
Warehouse
$1.36M
$1.19M – $1.58M
NOI $94,871 @ 7.0% cap · market cap 4.27%
Theoretical Best
Office A
$3.47M
$3.04M – $4.05M
NOI $243,067 @ 7.0% cap · market cap 10.95%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
5
Drive-in doors
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
216
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 68803, NE
26,487
Population
11,188
Households
2.4
Avg Household Size
38
Median Age
25%
College-Educated
87%
High-School Grad
86.9 sq mi
ZIP Area
305
Density / Sq Mi
$70,040
Median Household Income
$44,795
Median Earnings
$888
Median Rent
$224,100
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in Midwest region
Frequently Asked Questions
What type of property is this?
Flex space - Separate showroom and warehouse areas support a mix of display and storage functions.
Where is this flex space located?
The property is located at 3312 W Stolley Park Rd Grand Island, NE.
What is the asking price?
The asking price for this property is $2,220,000.
What are key features of this property?
This property features: 13,875 square feet total: 5,307‑square‑foot showroom and 8,568‑square‑foot warehouse; 3.24 acres of concrete‑paved area; 5 drive‑through doors
