Industrial For Sale

Industrial for Sale
Catylist Listing ID: 30198898
Property Subtypes: Industrial-Business Park
Building Size (RSF): 39,300 SF
Gross Land Area: 3.15 Acres
Sale Price: $1,800,000
Unit Price: $45.80 PSF
Ceiling: 16 ft.
Docks/Doors: 10 Doors
Drive In Bays: 10 Bays
Property Use Type: Investment, Vacant/Owner-User
Building Name: Arbor Road Condominium
Usable Size (USF): 39,300 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Average Occupancy Rate: 100
Last Updated: 2/14/2018

Overview / Comments

Three warehouse buildings for a total square footage of 39,300 pm 3.15 acres of ground. Currently 100% leased.

Financials

Finance Data Year 2018
Real Estate Taxes - Annual($) $23,771 (Annual)
Tax Value Land $356,600
Tax Value Improvements $932,500
Assessed Value - Total($) $1,289,100 (Annual)
Gross Operating Income $162,900 (Annual)
Actual or Proforma Year Actual

Additional Details

Nearest MSA: Lincoln
County: Lancaster
Tax ID/APN: 1828102005003
Zoning: H-4
Property Located Between: 2 blocks east of 56th & Arbor Road
Highway Access: Hwy 77 and Interstate I-80
Airports: Lincoln Municle Airport
Site Description: Arbor Road Condominium, Unit C AKA Parrott's Add, Lot 3
Area Description: 10,500, 16,000 and 12,800
Tenancy: Multiple Tenants
Total Number of Buildings: 3
Number of Stories: 1
Property Condition: Average
Year Built: 1997
Roof Type: Arched
Construction/Siding: Metal Siding
Exterior Description: Steel Frame with Metal Siding
Parking Type: Surface
Parking Description: Each building has ample drive up parking with plenty of additional parking on common grounds
Sprinklers: Other
Heat Type: Other
Heat Source: Other
Lighting: Fluorescent
Internet Access: Cable
Zoning Description: H-4
Part of Planned Development?: Yes
Lot Frontage: 373
Lot Depth: 567
Water Service: Municipal
Sewer Type: Municipal
Easements: Other
Land Ownership: Fee Simple
Legal Description: Arbor Road Condominium, Unit C, AKA Parrott's Add, Lot 3

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,170 17,854 82,260
Median Age: 35.17 33.59 31.75
Households: 556 7,741 33,686
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