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Property profile & analytics
FOR LEASE
Industrial properties

2040 SW 5Th St Lincoln, NE 68522

24,000 SF 1.45 ac lot Built 2017
Individually Owned 8-yr Hold Absentee Owner Free & Clear
Property ID
US57-0385530
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 and a floor drain, adding to its functionality and appeal. The presence of a garage within each unit further enhances its practicality. This property is situated within a burgeoning industrial area of southwest Lincoln, ensuring strong growth potential and easy access to both Highway 77 and the broader South Lincoln area. The flexible space and modern amenities make this an excellent opportunity for small to medium-sized businesses seeking a strategic location and functional workspace. The property is located in Lancaster County. This is a multi-tenant building.

Property profile
Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 2017
Total area 24,000 SF
Lot 1.45 ac (63,031 SF)
Zoning code I1
APN 10-34-217-001-000
UPID US57-0385530
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Automotive Solutions Hardware & Home Improvement General Contractor
  • Jonathan Curtis Design General Contractor
  • Factor Bikes, USA Big Box & Wholesale Store (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.64M
Blend (final) Blend
$1.94M
Owner & transaction history
Cbco · 8 yrs held
Cbco
since 2017
5 recorded transactions
2017
$1.0M
2017
$250,000
2016
$250,000
1969
Price N/A
1969
Price N/A
Zoning & alternative use
I1 · Lincoln, NE
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source Document Viewer | Municipal Code
Top alternative use upside
Commercial (general) $2.4M +26.1%
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