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Two-Building Industrial Property
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2035 Yolande Ave, Lincoln, NE 68521

Fully leased industrial property with two buildings and I-1 zoning.

Property Size8,176 SF
Lot Size2.00 Acres
Price / SF$138.82
Days on Market7

Property Features for 2035 Yolande Ave

General Information

Standard status Active
Size 8,176 SF
Lot size 2.00 Acres
Property subtype INDUSTRIAL
Zoning I-1
Occupancy 100%

Additional Details

Cap Rate 6.4%

Building Details

Buildings 2
Listing Agency: NAI FMA Realty
Listed By: Marc Hausmann, CCIM, SIOR
Source: Moodyscre
Added: Aug 5 Changed: Aug 11 Last Checked: Aug 11 at 1:59PM

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 FMA Realty

Investment Insights

Based on property information with market context.

This industrial property comprises two buildings totaling 8,176 square feet on 2 acres of land. The property is fully leased and carries a 6.4 CAP, providing an existing income profile for an industrial real estate buyer. I-1 zoning supports its industrial classification.

Located at 2035 Yolande Ave in Lincoln, Nebraska, the offering combines a substantial land component with two separate building improvements. The configuration provides a straightforward industrial asset with established occupancy and measurable physical scale.

Key Highlights

  • Two buildings totaling 8,176 SF
  • Fully leased industrial property
  • 6.4 CAP

Financial Insights

Estimated NOI and Cap Rate

NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$79,602
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.01%
Suggested Prices Based on Cap Rates Cap rates vary significantly by property type, market, and asset quality. Typical U.S. stable-market ranges: Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+) Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand) Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically) Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher) Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk) Self-Storage — 5.5% to 7.5% Medical Office — 6.0% to 7.5% Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term Rules of thumb: Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%). Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C. Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI. Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,592,040 $1.6M
Cap Rate 7%
$1,137,171 $1.1M
Cap Rate 9%
$884,467 $884.5K
Market Conditions
NOI Build-Up for 8,176 SF Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent. EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs. OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements. NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$116.8K $14.28/SF
− Vacancy
−$3.0K −$0.37/SF
EGI
$113.7K $13.91/SF
− OpEx
−$34.1K −$4.17/SF
NOI
$79.6K $9.74/SF
Area
Lincoln, NE
Vacancy
2.60%
Lease Rate
$14.28 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates Cap rates vary significantly by property type, market, and asset quality. Typical U.S. stable-market ranges: Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+) Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand) Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically) Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher) Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk) Self-Storage — 5.5% to 7.5% Medical Office — 6.0% to 7.5% Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term Rules of thumb: Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%). Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C. Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI. Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,592,040
Cap Rate 7%
$1,137,171
Cap Rate 9%
$884,467

Alternative Uses

Best Use
Industrial
$1.14M
$995.0K – $1.33M (±1% cap)
NOI $79,602 @ 7.0% cap · market cap 7.01%
Second Best
no second resolved use
Theoretical Best
Office A
$2.00M
$1.75M – $2.34M (±1% cap)
NOI $140,308 @ 7.0% cap · market cap 12.36%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Larry's Auto Recycling Big Box & Wholesale Store

Suggested Use

Top Pick Law Firm Dental Office Real Estate Agency Spa & Massage Center Hair Salon Skin Care Clinic

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

100%
Occupancy

Location Intelligence

Trade Area within ½ mile

493
Businesses Nearby

Demographics for 68521, NE

37,251
Population
15,657
Households
2.4
Avg Household Size
31
Median Age
32%
College-Educated
88%
High-School Grad
13.2 sq mi
ZIP Area
2,822
Density / Sq Mi
$66,902
Median Household Income
$38,755
Median Earnings
$1,196
Median Rent
$235,600
Median Home Value

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
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Frequently Asked Questions

What type of property is this?
Industrial property - Fully leased industrial property with two buildings and I-1 zoning.
Where is this industrial property located?
The property is located at 2035 Yolande Ave Lincoln, NE.
What is the asking price?
The asking price for this property is $1,135,000.
What are key features of this property?
This property features: Two buildings totaling 8,176 SF; Fully leased industrial property; 6.4 CAP
(402) 770-6908 Call to check price and availability
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