Two Dock-Ready Industrial
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
(402) 440-9507
Listed By:
Amy Olson · License #20200382
(402) 440-9507
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.
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
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 local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Distribution centers
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