Property profile

2040 SW 5Th St Lincoln, NE 68522

FOR LEASE
Industrial properties
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Property ID
US57-0385530
24,000 SF 1.45 ac 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.
Market Trends Soon

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. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

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

· Nov 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
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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