Commercial Real Estate Market in Lincoln, NE
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
739 active listings and 6,057 off-market properties in Lincoln, NE. Commercial property asks $64/SF to buy and $14.89/SF/Yr to lease.
Market Trends
Lincoln, NE spans 262.7 square miles in Lancaster County, Nebraska. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Lincoln, NE runs 21.3% across the Midwest region in 2025, up from 13.7% in 2019.
Vacancy Rate % in Midwest region
Retail
Retail vacancy in Lincoln, NE runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Lincoln, NE runs 4.9% across the Midwest region in 2025, up from 4.4% in 2019. Nearly 1.6x the 2022 low of 3.1%.
Vacancy Rate % in Midwest region
Multifamily
Multifamily vacancy in Lincoln, NE runs 8% across the Midwest region in 2025, up from 6.5% in 2022.
Vacancy Rate % in Midwest region
Zoning & Land Use
Land Use Mix share of zoned land by category
- Agricultural 58.8%
- Residential 23.5%
- Industrial 5.9%
- Commercial 4.1%
- Mixed use 0.1%
- Civic 0%
Largest Zones share of zoned land by district
Agriculture District
Residential District
Public Use District
Residential District
Agricultural Residential District
Market overview
Demographics & Economy
Lincoln, NE has 299,302 residents in 129,772 households. Density runs 1,139 people per square mile. Median household income here is $74,461 and median gross rent $1,068 a month.
299,302
Population
129,772
Households
2.3
Avg Household Size
34
Median Age
41%
College-Educated
93%
High-School Grad
262.7 sq mi
ZIP Area
1,139
Density / Sq Mi
$74,461
Median Household Income
$40,780
Median Earnings
$1,068
Median Rent
$245,898
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Emerald | — | — |
| Rokeby | — | — |
| Saltillo | — | — |
| Cheney | — | — |
Commercial property in Lincoln, NE asks $64/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Lincoln?
Commercial property in Lincoln, NE asks an average of $64 per square foot. The 8 most recent recorded sales traded at a median of $192/SF.
How much does it cost to lease commercial space in Lincoln?
Asking lease rates in Lincoln, NE average $14.89 per square foot per year.
Where does Realmo's Lincoln market data come from?
Realmo compiles Lincoln, NE figures from 8 recent recorded sales, 504 active sale listings, 235 active lease listings, 6,057 tracked off-market properties, the current Lincoln zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 504 active for-sale and 235 active for-lease listings in Lincoln, NE. These are ASKING figures from live listings, not closed-transaction prices, and a segment carried by a handful of listings reads as indicative rather than an average.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Zoning and land use
- The current municipal zoning release: 185,122 zoned acres across 26 districts. Shares are of zoned land, so parcels the release leaves unclassified are excluded from the mix.
- Refresh
- The monthly aggregates close at the end of the previous month, so 31 August 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at Midwest region level, retail vacancy is reported at Midwest region level and industrial vacancy is reported at Midwest region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 31 August 2026 · report a data issue
