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Property profile & analytics
OFF-MARKET
Office buildings

5308 Parklane Dr Kearney, NE 68847-8630

3,080 SF Built 2006
Entity Owned Free & Clear
Property ID
US57-0945521
Property summary
AI-generated overview

This exceptional Kearney, Nebraska commercial condominium presents a compelling investment opportunity. Priced at $1,295,000, this Class B property boasts 7,000 square feet of net rentable space across three suites, currently enjoying 100% occupancy with long-term, triple-net (NNN) leases in place. The building, constructed in 2006, features a distinctive brick exterior and is situated on a single story with 50 parking spaces. The three suites are individually leased, offering a diversified tenant base. Suite sizes are 2,500 sq ft, 1,500 sq ft, and 3,000 sq ft. The property generates a substantial net operating income (NOI) of $88,116, resulting in an attractive 6.80% capitalization rate. Condominium fees cover exterior maintenance, including snow removal, lawn care, and trash disposal. Zoned C-2/PD, this property is ideal for owner-users seeking a turnkey operation or investors looking for a strong, stable cash flow. The total building square footage is 7,430 square feet. This is a value-add investment with potential for future growth. The property is located at 5308 Parklane Dr, Kearney, NE 68847.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 2006
Construction CONCRETE
Total area 3,080 SF
Zoning code 03-COMMERCIAL
APN 605179503
UPID US57-0945521
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Brauer Law Office Law Firm
  • Horizon Designs Inc Marketing & Advertising
  • Lee Jeffrey MD Physician Medical Clinic
  • Buffalo Surveying Corp Engineering Consultant Mapping Service
  • Jeff Lange Counseling, LLC Counselor
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
5308, LLC
5308, LLC
Zoning & alternative use
03-COMMERCIAL · Kearney, NE
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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