Flex Warehouse with Outside
For Sale
Contact for pricing
1160 Lincoln St, Blair, NE 68008
Flex warehouse with outside storage, 2 drive-in doors, and 2,400 SF of finished office space plus below-grade finish.
Property Size6,000 SF
Price / SF$120.83
Days on Market163
Property Features for 1160 Lincoln St
General Information
Standard status
Active
Size
6,000 SF
Property subtype
INDUSTRIAL
Warehouse & Industrial
Drive-In Doors
2
Heavy Power
Yes
Additional Details
Outdoor Storage
Yes
Listing Agency:
NAI NP Dodge
(402) 255-6060
Listed By:
John Meyer · License #20090339
(402) 677-9626
Source:
Moodyscre
Added: May 21
Changed: Oct 25
Last Checked: Oct 28 at 9:17AM
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 NAI NP Dodge
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This hard-to-find flex warehouse includes outside storage and a mix of warehouse and office finishes. The property features 2,400 SF of finished office space along with additional finished space below grade, supporting a practical live/work or owner-user setup. Utilities and power include 3-phase service, and the warehouse is served by 2 drive-in doors.
The property is located in Blair’s Central Business District. Its flex configuration and outside storage make it well suited for businesses needing both operational space and dedicated finished areas.
With finished office and below-grade finished space paired with warehouse functionality, the building offers a compact footprint for an owner-operator who wants to keep operational and administrative areas under one roof.
The property is located in Blair’s Central Business District. Its flex configuration and outside storage make it well suited for businesses needing both operational space and dedicated finished areas.
With finished office and below-grade finished space paired with warehouse functionality, the building offers a compact footprint for an owner-operator who wants to keep operational and administrative areas under one roof.
Key Highlights
- Hard‑to‑find flex warehouse with outside storage, ideal for an owner/user
- 2,400 SF of finished office space plus additional below‑grade finished space
- 3‑phase power
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$63,554
Cap Rate
8.77%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,271,080
$1.3M
Cap Rate 7%
$907,914
$907.9K
Cap Rate 9%
$706,156
$706.2K
Market Conditions
NOI Build-Up for 6,000 SF
Gross rent
$93.6K $15.60/SF
− Vacancy
−$2.8K −$0.47/SF
EGI
$90.8K $15.13/SF
− OpEx
−$27.2K −$4.54/SF
NOI
$63.6K $10.59/SF
Area
Washington County, NE
Vacancy
3.00%
Lease Rate
$15.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,271,080
Cap Rate 7%
$907,914
Cap Rate 9%
$706,156
Alternative Uses
Best Use
Office B
$1.42M
$1.24M – $1.65M
NOI $99,186 @ 7.0% cap · market cap 13.68%
Second Best
Warehouse
$1.10M
$964.7K – $1.29M
NOI $77,173 @ 7.0% cap · market cap 10.64%
Theoretical Best
Office A
$1.58M
$1.38M – $1.84M
NOI $110,337 @ 7.0% cap · market cap 15.22%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
Who owns this building?
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Current Use
Lease Details
2
Drive-in doors
Yes
Heavy power
Location Intelligence
Trade Area within ½ mile
575
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 68008, NE
12,597
Population
5,289
Households
2.4
Avg Household Size
42
Median Age
39%
College-Educated
97%
High-School Grad
124.0 sq mi
ZIP Area
102
Density / Sq Mi
$86,905
Median Household Income
$54,588
Median Earnings
$933
Median Rent
$254,900
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Midwest region
Similar Off Market Nearby
- Fat Boys Catering — 1616 Washington St, Blair, NE 68008, United States
- Moon Hollow Coffee — 1406 Washington St, Blair, NE 68008
Frequently Asked Questions
What type of property is this?
Flex space - Flex warehouse with outside storage, 2 drive-in doors, and 2,400 SF of finished office space plus below-grade finish.
Where is this flex space located?
The property is located at 1160 Lincoln St Blair, NE.
What is the asking price?
The asking price for this property is $725,000.
What are key features of this property?
This property features: Hard‑to‑find flex warehouse with outside storage, ideal for an owner/user; 2,400 SF of finished office space plus additional below‑grade finished space; 3‑phase power
