Two Dock-Ready Industrial
For Sale
$8,600,000
4800-4850 N 48th St, Lincoln, NE 68504
Two 40,000-square-foot industrial buildings feature 10 dock doors and five drive-in doors each.
Property Size40,000 SF
Price / SF$215
Days on Market74
Property Features for 4800-4850 N 48th St
General Information
Standard status
Active
Size
40,000 SF
Property subtype
Industrial
Warehouse & Industrial
Clear Height
24 ft
Dock-High Doors
10
Drive-In Doors
5
Additional Details
Highway Access
Yes
Listing Agency:
Omaha
Listed By:
Amy Olson · License #20160434
(402) 440-9507
Source:
Colliers
Added: Jul 24
Changed: Sep 26
Last Checked: Oct 5 at 3:08PM
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 Omaha
Investment Insights
Based on property information with market context.
Colliers presents two industrial buildings totaling 80,000 square feet, offered for sale together. 4800 North 48th Street offers flexible space configurations suitable for warehouse, distribution, or light industrial use, with 24,000 square feet available for immediate occupancy and an additional 16,000 square feet becoming available in September 2026 to allow for occupancy of the full 40,000 square feet. Each property is designed for operational efficiency with 10 dock doors and five drive-in doors, along with four restrooms. The occupied portion of 4800 North 48th Street includes a small receiving office, and the 24’ ceiling height supports substantial vertical storage.
4850 North 48th Street is currently home to an established recycling transfer operation. The existing tenant is willing to extend their lease, providing a stabilized income stream for investors, or the tenant is prepared to vacate to create a turnkey opportunity for an owner-user or new tenant. The property is strategically positioned with convenient access to I-80 for transportation and logistics needs.
Both buildings provide loading and shipping functionality tailored to distribution and warehouse operations, supported by multiple loading points and practical in-building utility through restrooms and a receiving office in the occupied area.
4850 North 48th Street is currently home to an established recycling transfer operation. The existing tenant is willing to extend their lease, providing a stabilized income stream for investors, or the tenant is prepared to vacate to create a turnkey opportunity for an owner-user or new tenant. The property is strategically positioned with convenient access to I-80 for transportation and logistics needs.
Both buildings provide loading and shipping functionality tailored to distribution and warehouse operations, supported by multiple loading points and practical in-building utility through restrooms and a receiving office in the occupied area.
Key Highlights
- Two 40,000‑SF industrial buildings total 80,000 SF available for sale
- 4800 N 48th St: 24,000 SF available now; additional 16,000 SF contiguous space available September 2026 for full 40,000 SF occupancy
- Each building has 10 dock doors and five drive‑in doors to support loading and shipping needs
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$472,896
Cap Rate
5.50%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$9,457,920
$9.5M
Cap Rate 7%
$6,755,657
$6.8M
Cap Rate 9%
$5,254,400
$5.3M
Market Conditions
NOI Build-Up for 40,000 SF
Gross rent
$571.2K $14.28/SF
− Vacancy
−$14.9K −$0.37/SF
EGI
$556.3K $13.91/SF
− OpEx
−$83.5K −$2.09/SF
NOI
$472.9K $11.82/SF
Area
Lincoln, NE
Vacancy
2.60%
Lease Rate
$14.28 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$9,457,920
Cap Rate 7%
$6,755,657
Cap Rate 9%
$5,254,400
Alternative Uses
Best Use
Warehouse
$6.76M
$5.91M – $7.88M
NOI $472,896 @ 7.0% cap · market cap 5.50%
Second Best
Industrial
$5.56M
$4.87M – $6.49M
NOI $389,444 @ 7.0% cap · market cap 4.53%
Theoretical Best
Office A
$9.81M
$8.58M – $11.44M
NOI $686,438 @ 7.0% cap · market cap 7.98%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
24 ft
Clear height
10
Dock-high doors
5
Drive-in doors
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
606
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 68504, NE
17,155
Population
8,793
Households
2
Avg Household Size
31
Median Age
33%
College-Educated
93%
High-School Grad
7.0 sq mi
ZIP Area
2,451
Density / Sq Mi
$52,159
Median Household Income
$32,787
Median Earnings
$1,014
Median Rent
$169,000
Median Home Value
Market
Vacancy Rate% for Industrial in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Warehouse - Two 40,000-square-foot industrial buildings feature 10 dock doors and five drive-in doors each.
Where is this warehouse located?
The property is located at 4800-4850 N 48th St Lincoln, NE.
What is the asking price?
The asking price for this property is $8,600,000.
What are key features of this property?
This property features: Two 40,000‑SF industrial buildings total 80,000 SF available for sale; 4800 N 48th St: 24,000 SF available now; additional 16,000 SF contiguous space available September 2026 for full 40,000 SF occupancy; Each building has 10 dock doors and five drive‑in doors to support loading and shipping needs
