Manufacturing Facility with Heavy
For Sale
Contact for pricing
3521 Antelope Avenue, Kearney, NE 68845
M-1-zoned industrial facility with high-capacity electrical service, air handling, loading access, and integrated office space.
Property Size10,475 SF
Price / SF$132.70
Days on Market236
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Property Features for 3521 Antelope Avenue
General Information
Standard status
Active
Size
10,475 SF
Class
B
Property subtype
Industrial, Special Purpose
Zoning
M-1
Warehouse & Industrial
Clear Height
25 ft
Warehouse Space
8,750 SF
Office Build-Out
1,725 SF
Dock-High Doors
2
Drive-In Doors
1
Power
1,600 amps
Voltage
480 V
Three-Phase Power
Yes
Sprinkler System
Yes
Building Details
Year Built
2010
Stories
1
Building Size
10,475 SF
Construction
Chief-construction
Listing Agency:
Century 21 Commercial Midlands
Listed By:
Brandon Benitz · License #NE
Source:
Crexi
Added: Feb 21
Changed: Oct 3
Last Checked: Oct 14 at 11:25PM
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 Century 21 Commercial Midlands
Investment Insights
Based on property information with market context.
This manufacturing property combines 8,750 square feet of industrial area with 1,725 square feet of office space in a Chief-construction building completed in 2010. The facility is configured for demanding industrial operations, with 1,600 Amp, 480V/277V, 3-Phase incoming electrical service, multiple breakers, a secondary transformer and panel, plus air handling and scrubbing capabilities. Interior features include a 25-foot minimum clearance, catwalk and stairs, a 12,500-pound-capacity ceiling hoist/crane rail, and a full fire suppression system. Three exterior storage containers remain on site.
Loading infrastructure includes three overhead doors, including two truck loading wells with dock-height doors. Additional improvements include a heavy-duty marble balance work table. The property is located at 3521 Antelope Avenue in Kearney, Nebraska, and carries M-1 zoning.
Loading infrastructure includes three overhead doors, including two truck loading wells with dock-height doors. Additional improvements include a heavy-duty marble balance work table. The property is located at 3521 Antelope Avenue in Kearney, Nebraska, and carries M-1 zoning.
Key Highlights
- 8,750 SF of industrial space plus 1,725 SF of office space
- 1,600 Amp, 480V/277V, 3‑Phase electrical service with secondary transformer and panel
- 25' minimum interior clearance with catwalk and stairs
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$72,847
Cap Rate
5.24%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,456,940
$1.5M
Cap Rate 7%
$1,040,671
$1.0M
Cap Rate 9%
$809,411
$809.4K
Market Conditions
NOI Build-Up for 10,475 SF
Gross rent
$88.0K $8.40/SF
− Vacancy
−$2.3K −$0.22/SF
EGI
$85.7K $8.18/SF
− OpEx
−$12.9K −$1.23/SF
NOI
$72.8K $6.95/SF
Area
Buffalo County, NE
Vacancy
2.60%
Lease Rate
$8.40 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,456,940
Cap Rate 7%
$1,040,671
Cap Rate 9%
$809,411
Alternative Uses
Best Use
Warehouse
$1.04M
$910.6K – $1.21M
NOI $72,847 @ 7.0% cap · market cap 5.24%
Second Best
Industrial
$857.0K
$749.9K – $999.9K
NOI $59,992 @ 7.0% cap · market cap 4.32%
Theoretical Best
Healthcare Medical
$1.97M
$1.72M – $2.29M
NOI $137,629 @ 7.0% cap · market cap 9.90%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
25 ft
Clear height
2
Dock-high doors
1
Drive-in doors
Yes
Sprinkler system
Location Intelligence
Trade Area within ½ mile
123
Businesses Nearby
Explore this area
Business Placement
Demographics for 68845, NE
20,304
Population
9,057
Households
2.2
Avg Household Size
33
Median Age
41%
College-Educated
94%
High-School Grad
123.7 sq mi
ZIP Area
164
Density / Sq Mi
$75,350
Median Household Income
$39,232
Median Earnings
$896
Median Rent
$274,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in Midwest region
Frequently Asked Questions
What type of property is this?
Manufacturing property - M-1-zoned industrial facility with high-capacity electrical service, air handling, loading access, and integrated office space.
Where is this manufacturing property located?
The property is located at 3521 Antelope Avenue Kearney, NE.
What is the asking price?
The asking price for this property is $1,390,000.
What are key features of this property?
This property features: 8,750 SF of industrial space plus 1,725 SF of office space; 1,600 Amp, 480V/277V, 3‑Phase electrical service with secondary transformer and panel; 25' minimum interior clearance with catwalk and stairs
