Property profile

114 5th St Lexington, NE 68850

OFF-MARKET
Warehouses
Property ID
US57-0934987
5,000 SF Built 1947
Individually Owned 1-yr Hold ~ Est. High Equity
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional 10,000-square-foot commercial building presents a unique investment opportunity in the heart of downtown Lexington, Nebraska. Situated on a 0.63-acre lot (27,442.8 square feet), this all-brick, two-story structure boasts a versatile layout ideal for a variety of uses. Built in 1947, the property features 3,600 square feet of office space, a spacious 5,000-square-foot warehouse, and an additional 1,400 square feet suitable for storage or other purposes. The building's convenient location along a charming brick street in downtown Lexington offers easy access to numerous amenities. Practical features include both street and alley access, providing ample parking and loading options. The property is zoned Commercial by the City of Lexington and is identified by Dawson County Parcel Number 240119681. This owner-user opportunity combines the benefits of a prime downtown location with a functional and adaptable space, making it an attractive prospect for businesses seeking a blend of office and warehouse functionality. The property is classified as Industrial, with subtypes including Distribution, Flex, and R&D, offering significant flexibility for diverse commercial applications. There are no dock-high doors.

Property profile

Verified
Property type Warehouses
Use group MINI-WAREHOUSE, STORAGE
Year built 1947
Total area 5,000 SF
Zoning code 03-COMMERCIAL
APN 240119681
UPID US57-0934987

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Publishing House Newspaper & Magazine
  • Mosque

Location

114 5th St Lexington, NE 68850-1903
Lexington metro Census 968500 LEXINGTON, NE MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$285k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$285k

Owner & transaction history

since 2025
1 recorded transaction
2025
Price N/A

Zoning & alternative use

03-COMMERCIAL · Lexington, NE

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 114 5th St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
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