Search
Downtown Parking Lot For Sale
For Sale
Contact for pricing

1216 K St, Lincoln, NE 68508

0.88-acre parking lot with 78 stalls in Downtown Lincoln.

Property SizeContact for details
Lot Size0.88 Acres
Days on Market196

Property Features for 1216 K St

General Information

Standard status Active
Lot size 0.88 Acres
Property subtype Land
Zoning B-4
Listing Agency: Line Partners
Listed By: Chris Vasek · License #NE20140037
Source: Crexi
Added: Mar 16 Changed: Sep 25 Last Checked: Sep 26 at 6:31AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Line Partners

Investment Insights

Based on property information with market context.

This 0.88-acre parking lot is located between 12th and 13th Streets on K Street in Downtown Lincoln. The property features 78 parking stalls and offers immediate parking income potential. It is situated in the downtown business district, near the State Capital, Cornhusker Hotel, and the new Convention Center. The adjacent Centre Terrace office building, comprising 38,209 square feet, is not included in the offering price but is available for separate purchase. Acquiring both properties presents an opportunity for an owner-user or investor to combine the parking lot with the existing office asset. The building features efficient floor plates, scenic downtown Lincoln views, private outdoor terraces, and on-site parking.

Key Highlights

  • High‑demand downtown location near State Capital, Cornhusker Hotel, and Convention Center.
  • Immediate parking income potential with 78 stalls.
  • 0.88‑acre parking lot in a prime business district.

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence
Open Analytics

Current Use

Parking lots & garages

Suggested Use

Top Pick Skin Care Clinic HVAC Service Nail Salon Spa & Massage Center (Bike/Boat/Book/etc) Store Pharmacy

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

3,248
Businesses Nearby
82k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Dining 38% Hotels & Casinos 34% Shops & Services 28%
Embassy Suites By Hilton Lincoln Hotels & Casinos
12,192 visits/mo 0.5 miles
The Lincoln Marriott Cornhusker Hotel Hotels & Casinos
11,718 visits/mo 0.2 miles
Casey's General Store Shops & Services
8,676 visits/mo 0.4 miles
Starbucks Dining
6,678 visits/mo 0.4 miles
Pickleman's Gourmet Cafe Dining
6,346 visits/mo 0.4 miles

Demographics for 68508, NE

17,249
Population
7,076
Households
2.4
Avg Household Size
24
Median Age
35%
College-Educated
90%
High-School Grad
3.0 sq mi
ZIP Area
5,750
Density / Sq Mi
$33,561
Median Household Income
$10,349
Median Earnings
$760
Median Rent
$121,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • Penske Truck Rental — 1530 Pioneer Blvd, Lincoln, NE 68502, United States
  • VAN Rental Lincoln - TOWN — 235 s 11th st, lincoln, ne 68508
  • Carriage Park Garage (Park & Go) — 1128 L St, Lincoln, NE 68508
  • U-Haul Neighborhood Dealer — 1644 M St, Lincoln, NE 68508
  • U-Haul Neighborhood Dealer — 1631 O St, Lincoln, NE 68508

Frequently Asked Questions

What type of property is this?
Parking lot & garage - 0.88-acre parking lot with 78 stalls in Downtown Lincoln.
Where is this parking lot & garage located?
The property is located at 1216 K St Lincoln, NE.
What is the asking price?
The asking price for this property is $1,000,000.
What are key features of this property?
This property features: High‑demand downtown location near State Capital, Cornhusker Hotel, and Convention Center.; Immediate parking income potential with 78 stalls.; 0.88‑acre parking lot in a prime business district.
(402) 441-5800 Call to check price and availability
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