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Light Industrial Manufacturing Facility

4303 E 39th Street Kearney, NE 68847

4303 E 39th Street, Kearney, NE, 68847
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For Sale
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M-1 zoned facility with three overhead doors, semi-height dock, and substantial power service on nearly two acres.

Property Size12,500 SF
Lot Size1.98 Acres
Price / SF$98
Days on Market49

Property Features for 4303 E 39th Street

General Information

Standard status
Active
Size
12,500 SF
Lot size
1.98 Acres
Property subtype
Industrial

Building Details

Year Built
1977
Listing agency CENTURY 21 Midlands
Listed by Patrick Slack · License #NE
Source Crexi
Added: Jun 3 Updated: Jul 10 at 4:00PM Checked: Jul 21 at 6:17AM

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 Midlands


Investment Insights

Based on property information with market context.

This M-1 zoned light industrial manufacturing facility totals 10,000 square feet of warehouse/manufacturing space, with an additional 2,500 square feet of office space. The site includes three overhead doors and a semi-height dock, and it is supported by a rail spur. Warehouse ceiling heights measure 17 feet, and there is an existing overhead crane structure for flexible operations.

The property is situated on 1.98 acres, with parking and outdoor storage available on site. City infrastructure is available at the facility, and the power service includes 3-phase 480V with a 1,000-amp service.

For buyers seeking a versatile industrial setup, the combination of dock and overhead door access, overhead crane structure, and rail spur can support a range of light industrial manufacturing or distribution uses. The included office space provides room for day-to-day operations and administration, while the outdoor area supports staging and storage needs.

Key Highlights

  • M‑1 zoned light industrial manufacturing facility in Kearney’s industrial park area
  • 10,000 SF facility plus 2,500 SF additional office space
  • Located on 1.98 acres with 3 overhead doors and a semi‑height dock

Local Financial Insights For Warehouse

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $105.0k $8.40
− Vacancy −$2.7k −$0.22
EGI $102.3k $8.18
− OpEx −$15.3k −$1.23
NOI $86.9k $6.95
12,500 SF · lease $8.40/SF/yr · vacancy 2.60% · expense 15.00%

Alternative Uses

Best Use
Warehouse
$1.24M
$1.09M – $1.45M (±1% cap)
NOI $86,930 @ 7.0% cap · market cap 7.10%
Second Best
Industrial
$1.02M
$894.9K – $1.19M (±1% cap)
NOI $71,589 @ 7.0% cap · market cap 5.84%
Theoretical Best
Healthcare Medical
$2.35M
$2.05M – $2.74M (±1% cap)
NOI $164,235 @ 7.0% cap · market cap 13.41%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Gateway Farm Expo Charitable Organization Xyletec Association Or Organization

Suggested Use

Electrical Service Furniture & Home Goods Building Supply (Bike/Boat/Book/etc) Store Gym & Fitness Center Travel Agency Auto Repair Shop Coworking & Hybrid Office Car Rental Facility Big Box & Wholesale Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Manufacturing property - M-1 zoned facility with three overhead doors, semi-height dock, and substantial power service on nearly two acres.
Where is this manufacturing property located?
The property is located at 4303 E 39th Street Kearney, NE.
What is the asking price?
The asking price for this property is $1,225,000.
What are key features of this property?
This property features: M‑1 zoned light industrial manufacturing facility in Kearney’s industrial park area; 10,000 SF facility plus 2,500 SF additional office space; Located on 1.98 acres with 3 overhead doors and a semi‑height dock
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