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    4040 48Th St Lincoln, NE 68504

    Sponsored
    For Sale
    $957,900

    Brand new flex space, ideal for business.

    Property size:
    6,180 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 6,180-square-foot flex space, located at 4040 N 48th Street, Condos 1-3, Lincoln, NE 68504, presents a unique investment opportunity. Built in 2023, this property boasts a desirable location with easy access to Highway 6 and Interstate 80, experiencing high daily traffic volume exceeding 19,000 vehicles. The space is currently vacant and offered for sale by owner. The three condos (Condos 1-3) comprise a total of 6,180 square feet (with 120 square feet belonging to the condo association and walled off), each measuring 30' x 70'. High-quality features include 16' to 21' ceilings, two 14' x 14' overhead insulated doors with operators, a 200-amp electrical panel with 110-volt outlets, two forced-air gas heaters with thermostats, overhead LED lighting, floor drains, and a glass storefront with an overhead canopy. A restroom with a sink and toilet is also included. Durable construction features 6" concrete with fiber mesh inside and 7" concrete with fiber mesh in the parking lot. The property is zoned for industrial use. Association dues are applicable. The asking price is $957,900, representing a price per square foot of $155. This is a turnkey solution for businesses seeking a modern, well-equipped space in a high-traffic area.

    Property Features for 4040 48Th St

    General Information

    Property type
    Flex space
    Square Feet
    6,180 SF

    Building Details

    Year Built
    2023

    HighLights

    • $957,900 asking price for a vacant 6,180 SF flex industrial condo.
    • Brand new construction (2023) in Lincoln, NE.
    • Located at 4040 N 48th St, Condos 1‑3, with easy highway access.
    • Features 16' to 21' ceiling heights, two 14x14 overhead doors, and 200‑amp electrical service.
    • Includes restroom, floor drains, and LED lighting. For sale by owner; broker co‑op available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Performance Chores Commercial Cleaning Service

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Dental Office Building Supply Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Lincoln
    County
    Lancaster
    State
    Nebraska
    Longitude
    -96.6524419
    Latitude
    40.85439

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    FAQs

    What type of property is this?
    Flex space - Brand new flex space, ideal for business.
    Where is this flex space located?
    The property is located at 4040 48Th St Lincoln, NE.
    What is the asking price?
    The asking price for this property is $957,900.
    What are key features of this property?
    This property features: $957,900 asking price for a vacant 6,180 SF flex industrial condo.; Brand new construction (2023) in Lincoln, NE.; Located at 4040 N 48th St, Condos 1-3, with easy highway access.
    Request Owner's contact information
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    Realmo Value Estimation

    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.

    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.

    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
    4040 48Th St Lincoln, NE 68504
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