Industrial Property & Self-Storage Opportunity
Perfect opportunity for a User to occupy Industrial Space while capturing income from storage units
Marketing description
321 Rodeo Road presents a substantial industrial opportunity in North Platte, Nebraska, offering a versatile facility well-suited for manufacturing, warehousing, distribution, fabrication, contractor operations, or owner-user occupancy. Situated on approximately 1.68 acres and improved with a 31,002-square-foot industrial complex, the property benefits from I-1 Light Industrial zoning, allowing for a broad range of commercial and industrial uses. Originally constructed in 1959 with multiple expansions completed in 1992, 1993, and 1994, the facility reflects decades of investment and growth, resulting in a sizeable operational footprint capable of supporting a variety of business requirements.
The property's expansive building area provides flexibility for production, storage, assembly, logistics, or service-oriented industrial operations. The multiple phases of construction create opportunities for functional separation of departments, tenants, or business units while maintaining operational efficiency under a single roof. Its industrial zoning and established improvements make the property attractive for both owner-users seeking immediate occupancy and investors looking to capitalize on North Platte's strategic position as a transportation and logistics hub within western Nebraska.
Located along Rodeo Road with convenient access to major transportation routes, the property benefits from proximity to regional freight networks, commercial services, and the broader North Platte industrial market. The combination of substantial building area, flexible industrial zoning, and a proven operational history positions 321 Rodeo Road as a compelling acquisition opportunity for businesses seeking a well-established industrial facility or investors pursuing a value-add industrial asset with long-term potential.
Investment highlights
- Multi-Tenant Industrial & Self-Storage Investment Opportunity
- 321 Rodeo Road presents a unique industrial and self-storage investment opportunity in North Platte, Nebraska, featuring approximately 31,002 total square feet of improvements situated on 1.68 acres
- The single-story, Class C property combines industrial, office, and storage components, creating a diverse income-generating asset with flexibility for both investors and owner-users
- The property includes 71 total storage units, comprised of 20 units located within the main building with individual access and 51 freestanding storage units situated throughout the site
- Originally constructed in 1959 and expanded through multiple additions in 1992, 1993, and 1994, the property offers a functional layout with warehouse and industrial space positioned to the rear
- Multiple overhead access doors for efficient loading and operations
- Two separately leased office suites located at 315 and 317 Rodeo Road within the main building
- Zoned I-1 Light Industrial, the asset benefits from a broad range of permitted industrial and commercial uses
- The efficient 2.36:1 land-to-building ratio maximizes site utility and operational flexibility
- Established mix of storage, office, and industrial space with diverse revenue streams
- Strategic location within North Platte's industrial Rodeo Road corridor
- 9,585+ VPD Along Nearby US-30
Listing Contacts
Valuation Calculator
Valuation Metrics
Map
Broker Selected Comps View More Comps
Property History
Similar Properties
Additional Information
Is there information that looks off?
