Light Industrial Manufacturing
4303 E 39th Street Kearney, NE 68847
4303 E 39th Street, Kearney, NE, 68847
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For Sale
Contact for pricing
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.
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
NOI $86,930 @ 7.0% cap · market cap 7.10%
Second Best
Industrial
$1.02M
$894.9K – $1.19M
NOI $71,589 @ 7.0% cap · market cap 5.84%
Theoretical Best
Healthcare Medical
$2.35M
$2.05M – $2.74M
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
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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