Commercial Real Estate Market in Nebraska

Q: Which markets in Nebraska have the most active listings?

Omaha , Lincoln , Bellevue , Grand Island and Papillion have the most active commercial listings, with 779, 347, 40, 36 and 29 respectively. Realmo tracks 8 city markets here, each with its own market page.

Nebraska has 838 active for-sale listings and 890 active for-lease listings. Statewide, the median asking price is $131/SF and the median asking rent is $15.79/SF/Yr as of November 2026. Realmo tracks 8 city markets here; among the 3 with enough listings to rank, median asking prices range from $149/SF in Omaha to $160/SF in Grand Island.

Median asking price: $131/SF
Median asking rent: $15.79/SF/Yr
For-sale listings: 838
For-lease listings: 890
City markets: 8

Highest- and Lowest-Priced Markets

Grand Island and Omaha are $12/SF apart on asking price. The figures below are median asking prices from live listings, not closed sales.

Asking Prices

Grand Island has the highest median asking price at $160/SF, and Omaha has the lowest at $149/SF. 3 of 3 ranked markets have median asking prices above the statewide $131/SF.

Asking Rents

Papillion has the highest median asking rent at $18.75/SF/Yr, and Lincoln has the lowest at $14.25/SF/Yr. 2 of 4 ranked markets have median asking rents above the statewide $15.79/SF/Yr.

Nebraska vs. Neighboring States

The median asking price in Nebraska is $131/SF, in line with the $131/SF median of its 6 neighboring states. By median asking price, the state ranks 4th of 7 in the group; Colorado is highest at $254/SF and Iowa lowest at $100/SF. The median asking rent is $15.79/SF/Yr, compared with $18.00/SF/Yr in Colorado, $14.18/SF/Yr in Missouri and $14.00/SF/Yr in Iowa next door. The statewide median asking price is below the U.S. median of $178/SF.

State	Median Asking Price, $/SF	Median Asking Rent, $/SF/Yr	For-Sale Listings	For-Lease Listings
Nebraska	$131	$15.79	838	890
Colorado	$254	$18.00	5,794	4,857
Iowa	$100	$14.00	3,011	2,265
Kansas	$139	$16.00	1,946	982
Missouri	$112	$14.18	5,960	2,725
South Dakota	$122	$14.39	690	277
Wyoming	$175	$45.00	807	73
United States	$178	$18.28	265,785	185,367

A dash means fewer than 10 listings with a usable price.

Commercial Real Estate Markets in Nebraska

Realmo tracks 8 city markets in Nebraska, listed below by active listings. Omaha leads with 779 active listings, followed by Lincoln and Bellevue.

City	Active Listings	Median Asking Price, $/SF	Median Asking Rent, $/SF/Yr
Omaha	779	$149	$16.50
Lincoln	347	$155	$14.25
Bellevue	40	—	$15.75
Grand Island	36	$160	—
Papillion	29	—	$18.75
Fremont	25	—	—
Kearney	21	—	—
Alliance	8	—	—

Same method as the statewide figures. A dash means fewer than 10 listings with a usable price.

What is the median price per square foot for commercial property in Nebraska?

The median asking price for commercial property statewide is $131/SF as of November 2026, based on 264 of the 838 active for-sale listings that state a price per square foot. These are asking prices from live listings, not closed-sale prices.

How much does it cost to lease commercial space in Nebraska?

The median asking rent for commercial space statewide is $15.79/SF/Yr as of November 2026, based on 339 of the 890 active for-lease listings that state a rent per square foot. At that rate, 2,000 SF would cost about $2,630 a month in asking rent. Whether taxes, insurance and maintenance are included varies by listing, so compare lease terms on each one.

Which cities have the highest and lowest commercial property prices?

Grand Island has the highest median asking price in the state at $160/SF, and Omaha has the lowest at $149/SF. For leasing, median asking rents are highest in Papillion at $18.75/SF/Yr and lowest in Lincoln at $14.25/SF/Yr. Rankings cover cities with at least 10 priced listings for each metric.

How do commercial property prices in Nebraska compare with neighboring states?

The statewide median asking price of $131/SF is in line with the $131/SF median of 6 neighboring states. Among them, Colorado has the highest median asking price at $254/SF and Iowa the lowest at $100/SF. The median asking rent is $15.79/SF/Yr, compared with $18.00/SF/Yr in Colorado, $14.18/SF/Yr in Missouri and $14.00/SF/Yr in Iowa. The statewide median asking price is below the U.S. median of $178/SF.

Which markets in Nebraska have the most active listings?

Omaha, Lincoln, Bellevue, Grand Island and Papillion have the most active commercial listings, with 779, 347, 40, 36 and 29 respectively. Realmo tracks 8 city markets here, each with its own market page.

Where does Realmo's market data come from?

Realmo compiles these figures from 838 active for-sale listings and 890 active for-lease listings in its public listing index. Statewide and neighboring-state figures refresh hourly and city figures daily; last updated 6 November 2026.

Methodology and Data Sources

Listing coverage: Asking figures come from 838 active for-sale and 890 active for-lease listings across Nebraska in Realmo's public listing index. They are asking prices, not closed-transaction prices. Sale and lease counts are separate and may overlap. Land listings are not counted. The medians are based on the 264 for-sale and 339 for-lease listings that state a price or rent per square foot.
Asking prices and rents: Prices are medians of each listing's asking price per square foot, so a few very high or very low listings do not skew them. Data-entry errors are left out, and a median is published only with at least 10 listings with a usable price. A listing with a price range can contribute both endpoints.
Neighboring states: Neighboring-state comparisons use the same method and the same snapshot for every state, plus the United States as a reference.
City markets: The city list includes cities with more than 3 active listings whose market page has enough data to publish, ordered by active listings, up to 40. The price ranking covers cities with at least 10 priced listings for each metric and leaves out a city more than three times above or below the statewide median. City counts and prices use the same method as the statewide figures, so the table compares like with like; a city's own market page uses its own method, so its figures can differ.
Updates: Statewide and neighboring-state figures refresh hourly and city figures daily. Last updated 6 November 2026.