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4800-4850 N 48th St, Lincoln, NE, 68504
Two Dock-Ready Industrial Buildings

4800-4850 N 48th St Lincoln, NE 68504

New
For Sale
$8,600,000

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 Market3

Property Features for 4800-4850 N 48th St

General Information

Standard status
Active
Size
40,000 SF
Property subtype
Industrial
Listing Agency: Omaha
Listed By: Amy Olson · License #20200382
Source: Colliers
Added: Jul 24 Changed: Jul 25 Last Checked: Jul 25 at 11:47AM

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.

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 For Warehouse

Simulate Cap Rate and NOI

NOI Build-Up
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.

Component $ $/SF
Gross rent $571.2k $14.28
− Vacancy −$14.9k −$0.37
EGI $556.3k $13.91
− OpEx −$83.5k −$2.09
NOI $472.9k $11.82
40,000 SF · lease $14.28/SF/yr · vacancy 2.60% · expense 15.00%

Alternative Uses

Best Use
Warehouse
$6.76M
$5.91M – $7.88M (±1% cap)
NOI $472,896 @ 7.0% cap · market cap 5.50%
Second Best
Industrial
$5.56M
$4.87M – $6.49M (±1% cap)
NOI $389,444 @ 7.0% cap · market cap 4.53%
Theoretical Best
Office A
$9.81M
$8.58M – $11.44M (±1% cap)
NOI $686,438 @ 7.0% cap · market cap 7.98%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Distribution centers

Suggested Use

Law Firm Parking Lot & Garage Electrical Service HVAC Service (Bike/Boat/Book/etc) Store Dental Office Storage Facility Tech Support Center (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store

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

FAQs

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
More about this property
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