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Flex Building with Office and Warehouse
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114 West 5th Street, Lexington, NE 68850

The property includes front and alley access for convenient commercial entry.

Property Size10,000 SF
Lot Size0.63 Acres
Days on Market90

Property Features for 114 West 5th Street

General Information

Standard status Active
Size 10,000 SF
Lot size 0.63 Acres
Property subtype FlexIndustrial

Warehouse & Industrial

Warehouse Space 5,000 SF
Office Build-Out 3,600 SF

Additional Details

Road Access Yes

Building Details

Year Built 1947
Building Size 10,000 SF
Listing Agency: CBRE - Omaha
Listed By: Pete Meginnis · License #20150928
Source: Cbre
Added: Jun 2 Changed: Aug 29 Last Checked: Aug 29 at 3:31PM

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 CBRE - Omaha

Investment Insights

Based on property information with market context.

This 10,000 SF flex building combines 3,600 SF of office area with 5,000 SF of warehouse space and 1,400 SF classified as other. Constructed in 1947, the property offers a mixed commercial layout within a single building. The site contains 0.63 AC, or 27,442.8 SF, and has no dock-high doors.

Access is available from both the front and the alley. The property is located at 114 West 5th Street in Lexington, Nebraska, providing a defined commercial address for office, warehouse, and related operational needs.

Key Highlights

  • 10,000 SF building with 3,600 SF of office space
  • 5,000 SF warehouse area and 1,400 SF classified as other
  • 0.63 AC / 27,442.8 SF commercial lot

Property Analytics

Current Use

Clipper-Herald Publishing House MASJIDULRAHMA Mosque

Suggested Use

Top Pick Real Estate Agency HVAC Service Skin Care Clinic Law Firm Plumbing Service Gym & Fitness Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

470
Businesses Nearby
Under-served
Demand for This Use

Demographics for 68850, NE

12,489
Population
4,299
Households
2.9
Avg Household Size
32
Median Age
15%
College-Educated
64%
High-School Grad
267.0 sq mi
ZIP Area
47
Density / Sq Mi
$64,269
Median Household Income
$38,724
Median Earnings
$911
Median Rent
$156,700
Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Similar Off Market Nearby

  • Bob's FUNFOODS 302 N Fillmore St APT 65, Lexington, NE 68850

Frequently Asked Questions

What type of property is this?
Flex space - The property includes front and alley access for convenient commercial entry.
Where is this flex space located?
The property is located at 114 West 5th Street Lexington, NE.
What are key features of this property?
This property features: 10,000 SF building with 3,600 SF of office space; 5,000 SF warehouse area and 1,400 SF classified as other; 0.63 AC / 27,442.8 SF commercial lot
More about this property
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