Professional Office
5930 Vandervoort Dr #B, Lincoln, NE 68516
For Sale
Contact for pricing
O-3 Office zoning and on-site parking support a professional office setting.
Property Size2,600 SF
Price / SF$265.38
Days on Market97
Property Features for 5930 Vandervoort Dr #B
General Information
Standard status
Size
Class
Property subtype
Zoning
Site & Location
Neighborhood
Highway Access
Road Access
Building Details
Year Built
Buildings
Units
Tenancy
Listing Agency:
Berkshire Hathaway HomeServices Ambassador Real Estate Lincoln
Listed By:
Ben Bleicher · License NE #20140372
(402) 419-6309
Source:
Crexi
Added: Aug 5
Changed: Oct 26
Last Checked: Nov 8 at 8:53AM
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 Berkshire Hathaway HomeServices Ambassador Real Estate Lincoln
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Investment Insights
Based on property information with market context.
This 2,600-square-foot office unit at 5930 Vandervoort Dr, #B, offers a dedicated commercial setting for office operations. The property was built in 2001 and carries O-3 Office zoning, aligning with its office-oriented configuration.
Positioned just off Old Cheney Road, the property provides access to Nebraska Parkway and South 56th Street. The surrounding commercial corridor includes businesses, retail, restaurants, and residential neighborhoods, while on-site parking serves clients, employees, and visitors.
Positioned just off Old Cheney Road, the property provides access to Nebraska Parkway and South 56th Street. The surrounding commercial corridor includes businesses, retail, restaurants, and residential neighborhoods, while on-site parking serves clients, employees, and visitors.
Key Highlights
- 2,600‑square‑foot office unit at 5930 Vandervoort Dr, #B
- O‑3 Office zoning
- Built in 2001
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$34,819
Cap Rate
5.05%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$696,380
$696.4K
Cap Rate 7%
$497,414
$497.4K
Cap Rate 9%
$386,878
$386.9K
Market Conditions
NOI Build-Up for 2,600 SF
Gross rent
$62.4K $24.00/SF
− Vacancy
−$4.4K −$1.68/SF
EGI
$58.0K $22.32/SF
− OpEx
−$23.2K −$8.93/SF
NOI
$34.8K $13.39/SF
Area
Lincoln, NE
Vacancy
7.00%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$696,380
Cap Rate 7%
$497,414
Cap Rate 9%
$386,878
Alternative Uses
Best Use
Healthcare Medical
$497.4K
$435.2K – $580.3K
NOI $34,819 @ 7.0% cap · market cap 5.05%
Second Best
Office B
$468.0K
$409.5K – $546.0K
NOI $32,760 @ 7.0% cap · market cap 4.75%
Theoretical Best
Office A
$637.4K
$557.7K – $743.6K
NOI $44,618 @ 7.0% cap · market cap 6.47%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
880
Businesses Nearby
Explore this area
Business Placement
Demographics for 68516, NE
47,448
Population
19,549
Households
2.4
Avg Household Size
39
Median Age
55%
College-Educated
98%
High-School Grad
18.9 sq mi
ZIP Area
2,510
Density / Sq Mi
$100,093
Median Household Income
$52,344
Median Earnings
$1,213
Median Rent
$331,600
Median Home Value
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Market
Vacancy Rate% for Office in Midwest region
Frequently Asked Questions
What type of property is this?
Office unit - O-3 Office zoning and on-site parking support a professional office setting.
Where is this office unit located?
The property is located at 5930 Vandervoort Dr #B Lincoln, NE.
What is the asking price?
The asking price for this property is $690,000.
What are key features of this property?
This property features: 2,600‑square‑foot office unit at 5930 Vandervoort Dr, #B; O‑3 Office zoning; Built in 2001
