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    The Largest CRE Database in the US with Over 1 Million Listings

    5401 Alvo Rd Lincoln, NE 68514

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    For Sale
    $3,995,000

    High-quality industrial facility with manufacturing, office, and storage space.

    Property size:
    27,390 SF

    Property Features for 5401 Alvo Rd

    General Information

    Size
    27,390 SF

    Building Details

    Year built
    2017

    We can help!

    Listing Contact
    Katy Martin
    Katy Martin
    Source: Lee-associates

    Listing Agent: Katy Martin

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Premium Industrial Facility For Sale

    This premium industrial facility, situated on a 3.24-acre site in Northeast Lincoln, comprises approximately 27,390 square feet across two buildings. The main building, constructed in 2017, features a steel frame, stone veneer exterior, and fully heated and cooled interiors. It offers 17,810 square feet of light manufacturing area, a 2,460-square-foot office, a 1,720-square-foot mezzanine, and two storage additions of 640 square feet and 600 square feet. An additional building, added in 2019, provides 4,160 square feet of dry storage and includes three large overhead doors for convenient drive-in loading. The property is suitable for manufacturing, distribution, or specialized industrial uses, featuring contemporary office space, conference rooms, and temperature-controlled production areas. The facility is located at the corner of Alvo Road and N 56th Street/I 80 Alternate, providing immediate access to the Interstate 80 interchange and proximity to neighboring industrial services. The property is near Google's data center, which is currently under construction. The main facility has a dock and drive-in loading bay. The storage building and paved yard provide additional staging space, ideal for manufacturing or distribution operations. The property is currently leased through December 2026, with the tenant having a 5-year option to renew.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Alpha Brewing Operations Brewing Supply Store

    Suggested Use

    Building Supply Gym & Fitness Pharmacy Department Store Kitchen & Bath Storage Facility Electrical Service Electronics Store Car Rental Pawn Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lincoln
    County
    Lancaster
    State
    Nebraska
    Longitude
    -96.6457994
    Latitude
    40.8851836

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    FAQs

    What type of property is this?
    Manufacturing property - High-quality industrial facility with manufacturing, office, and storage space.
    Where is this manufacturing property located?
    The property is located at 5401 Alvo Rd Lincoln, NE.
    What is the asking price?
    The asking price for this property is $3,995,000.
    What are key features of this property?
    This property features: - Offered well below replacement cost, representing a significant investment opportunity.; - High-quality, modern construction (2017 & 2019) with steel frame, stone veneer, and fully heated/cooled interiors.; - Excellent location with immediate access to I-80 and proximity to downtown Lincoln and industrial services.
    (531) 721-2888
    Request Owner's contact information
    5401 Alvo Rd Lincoln, NE 68514
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    Lincoln, NE 68514
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5401 Alvo Rd Lincoln, NE 68514
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    We can help!
    Listing Contact
    Katy Martin
    Katy Martin
    (531) 721-2888
    Learn more
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