Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    5327 70Th St Lincoln, NE 68507

    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    New 2023 warehouse; multiple units

    Lot size:
    11,400 SF

    Property Features for 5327 70Th St

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    11,400 SF
    Total Rate
    8759

    Building Details

    Year Built
    2023

    Spaces For Lease

    at 5327 70Th St, Lincoln, NE 68507 Contact us
    Unit 8

    $9 /Mo

    Size
    1,425 SF
    Contact us
    Unit 7

    $9 /Mo

    Size
    1,425 SF
    Contact us

    We can help!

    Listing Contact
    Jared Froehlich
    Jared Froehlich

    Listing Agency: NAI FMA Realty Listing Agent: Jared Froehlich

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

    Learn more

    Property Insight Report

    Overview

    This exceptional 11,400 square foot warehouse, constructed in 2023, offers two available units in Northeast Lincoln. One unit boasts 2,850 square feet, while the other offers 1,425 square feet of versatile space. Both units feature 14' x 14' overhead doors, providing convenient access for loading and unloading. The interior is well-equipped with LED lighting, forced-air heaters, and floor drains for efficient operations. Each unit also includes rough-in plumbing for a bathroom, allowing for customization to suit individual tenant needs. The building itself offers a ceiling height ranging from 15 to 20 feet, providing ample vertical space. Electrical service includes single-phase power with both 110v and 220v outlets. The property includes a substantial parking lot featuring 6-inch reinforced concrete. The lease is a modified gross lease, with tenants responsible for electricity and internet costs. Tenants are also responsible for any build-out, including the completion of restrooms. The strategic location provides easy access to Interstate 80 via Cornhusker Highway, ensuring excellent connectivity and logistical advantages. This is a prime opportunity for businesses seeking modern, efficient warehouse space in a desirable location.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    PrimeTime Industries Warehouse & Storage

    Suggested Use

    Restaurant Real Estate Agency Law Firm Spa & Massage Center Dental Office Building Supply Hair Salon Big Box & Wholesale Store Auto Repair Shop Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Lincoln
    County
    Lancaster
    State
    Nebraska
    Longitude
    -96.6277808
    Latitude
    40.8660246

    Nearby Similar for Lease

    • Sponsored
      New
      Contact for pricing

      U.S. Bank Building

      Flexible workspace in Las Colinas MacArthur
      233 13Th Street Cir, Lincoln, NE 68508
      View Details
    • $22 SF/Yr
      60,000 SF

      Medical Office Space For Lease

      Medical office space available in Lincoln, Nebraska.
      2222 S 16Th St, Lincoln, NE 68502
      View Details
    • $11 SF/Yr
      14,401 SF

      South Lincoln Prime Office Space

      Office space in a prominent location with excellent parking.
      7130 S 29Th St, Lincoln, NE 68516
      View Details
    • $16 SF/Yr
      1,400 SF

      Restaurant Space with Drive-Thru

      Restaurant space featuring a drive-thru with high traffic volume.
      5310 S 56Th St, Lincoln, NE 68516
      View Details
    • $16 SF/Yr
      1,786 SF

      Move-in Ready Private Office Space

      Move-in ready office spaces with flexible layouts for small users.
      3883 Normal Blvd, Lincoln, NE 68506
      View Details
    • $750 /Mo
      33,660 SF

      Historic Haymarket District Office Suites

      Modernized office suites in Lincoln's Historic Haymarket District.
      701 P St, Lincoln, NE 68508
      View Details
    • $18 SF/Yr
      6,083 SF

      Move-in Ready Office/Medical Space

      Functional office or medical space in established Lincoln business park.
      4444 South 86Th St, Lincoln, NE 68526
      View Details
    • $14 SF/Yr
      4,330 SF

      Haymarket District Retail or Office

      Versatile retail or office space in Lincoln's vibrant Haymarket District.
      727 O Street Rd, Lincoln, NE 68508
      View Details
    • $10 SF/Yr
      6,000 SF

      Retail or Office Space Available

      Flexible retail or office spaces with high visibility and natural light.
      2332 N Cotner Blvd, Lincoln, NE 68507
      View Details
    • $1,995 /Mo
      1,907 SF

      Historical Retail or Creative Space

      1907 SF retail or creative space with historical charm.
      427 N 33Rd St, Lincoln, NE 68503
      View Details
    • $16 SF/Yr
      2,400 SF

      Finished Space in Mixed-Use Development

      2,400 SF space ideal for medical, wellness, or office/retail.
      1265 South Cotner Blvd, Lincoln, NE 68510
      View Details
    • $19 SF/Yr
      4,150 SF

      Retail Space in Telegraph District

      Retail space available in a mixed-use redevelopment project.
      2077 N St, Lincoln, NE 68510
      View Details

    FAQs

    What type of property is this?
    Distribution property - New 2023 warehouse; multiple units
    Where is this distribution property located?
    The property is located at 5327 70Th St Lincoln, NE.
    What is the lease rate?
    The lease rate is $9 SF/Yr.
    What are key features of this property?
    This property features: 11,400 SF Industrial Warehouse, Multi-Tenant; Two available warehouse bays: one 2,850 SF, one 1,425 SF; Brand new construction (2023) with eight drive-in doors
    (402) 570-9991 Call to check price and availability
    Request Owner's contact information
    5327 70Th St Lincoln, NE 68507
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    5327 70Th St
    Lincoln, NE 68507
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    5327 70Th St Lincoln, NE 68507
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Jared Froehlich
    Jared Froehlich
    Real Estate License ID: NE20180245
    (402) 570-9991
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!