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    3701 O St Lincoln, NE 68528

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    For Sale
    $1,550,000

    Versatile, fully leased office building with redevelopment potential.

    Property size:
    13,680 SF
    Lot size:
    0.75 Acres

    Property Features for 3701 O St

    General Information

    Size
    13,680 SF
    Lot size
    0.75 Acres

    Source: Nebraska Realty Agent Maxwell Sandquist

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Lincoln Landmark Investment Opportunity

    This 13,680 square foot, three-level office building is located on a busy corridor and is currently fully leased with long-term tenants. The property is zoned for office, retail, and residential use, providing flexibility for future use or redevelopment. Concrete floors mitigate sound transfer, while brick walls and free-span steel joists eliminate load-bearing walls, allowing layout freedom. A new roof was installed in 2024. The property includes 65 parking stalls. A 1,344 square foot heated and insulated auxiliary building, constructed in 2008 with Hardieboard and brick, provides additional income possibilities. Most tenants are long term, however leases have been re-structured to be month to month for flexibility of new owner.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Vantage Psychotherapy Counselor Duey Enterprises General Contractor Marcia Wemhoff Young: ... Financial Consultant Brasch Enterprises General Contractor Lancaster County Democratic ... Political Party Office

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lincoln
    County
    Lancaster
    State
    Nebraska
    Longitude
    -96.6679139
    Latitude
    40.8133067

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    FAQs

    What type of property is this?
    Office building - Versatile, fully leased office building with redevelopment potential.
    Where is this office building located?
    The property is located at 3701 O St Lincoln, NE.
    What is the asking price?
    The asking price for this property is $1,550,000.
    What are key features of this property?
    This property features: - Fully leased, 3-level office building (13,680 SF) generating strong cash flow.; - Prime location on Lincoln's busiest corridor with ample signage and premier visibility.; - Flexible zoning (office, retail, residential) allows for future use or redevelopment.
    (402) 429-6810
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    3701 O St Lincoln, NE 68528
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3701 O St Lincoln, NE 68528
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