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: 7/18/2018

Overview / Comments

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


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
The information presented herein is provided as is, without warranty of any kind. Neither Midlands Regional CIE nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.