Financial
Distress signals
Property profile

2040 SW 5Th St Lincoln, NE 68522

FOR LEASE
Industrial properties
Property ID
US57-0385530
24,000 SF 1.45 ac lot Built 2017
Last sale Sep 2017 · $1,000,000
Individually Owned Owner of record is an individual. 9-yr Hold Held for 9 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional industrial property in southwest Lincoln, Nebraska, offers 24,000 square feet of versatile flex and warehouse space, ideally suited for a variety of businesses. Currently, 7,200 square feet is immediately available, divisible into units ranging from 2,400 to 4,800 contiguous square feet. The property boasts a highly desirable location with convenient access to the bypass and Highway 77, providing excellent transportation links. Each unit is equipped with a finished restroom

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$36k
Tax billed · 2024
Assessed value$2.04M
Assessed land$315k
Assessed improvement$1.72M
Effective rate1.79%

Value estimate

· Sep 2026
$1.94M
$1.75M – $2.13M
Submarket $/SF estimate$2.64M
NOI build-up
Gross scheduled income$374
Vacancy & credit loss−$22
Operating expenses−$123
NOI · 2,081.82% cap applied$229

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$80/SF
Submarket average, outlier-cleaned · 26 recorded sales of this use type
Observed band · Q1–Q3$22 – $110

Cap rate analysis

How does the asset earn?
2,081.82%
$229 estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
I1
JurisdictionLANCASTER

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency24.2
Restaurant21.1
Dental Office18.3

Location

2040 SW 5Th St Lincoln, NE 68522
County assessor Recorded deeds · 5 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

3 recorded sales · 18 properties nearby
Recent sales nearby
3 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1921 6th, Lincoln, NE 68522 $2,500,000 Jun 2024 18,000 SF
600 Ws, Lincoln, NE 68522-1712 $1,704,000 Feb 2022 45,935 SF
1030 6th, Lincoln, NE 68522-1327 $5,300,000 Jul 2019 93,910 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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