Retail Building with Flexible
736 West Cornhusker Highway Lincoln, NE 68521
For Sale
Contact for pricing
Retail building on 0.48 acres with H-4 zoning and 2,224 SF of space, plus a vacated alley included.
Property Size2,224 SF
Lot Size0.48 Acres
Price / SF$215.83
Days on Market34
Property Features for 736 West Cornhusker Highway
General Information
Standard status
Active
Size
2,224 SF
Lot size
0.48 Acres
Property subtype
RETAIL
Listing Agency:
Eschliman Commercial Real Estate, Inc.
(402) 450-5826
Listed By:
John Grady · License #20140873
(402) 450-5826
Source:
Moodyscre
Added: Jun 26
Changed: Jul 28
Last Checked: Jul 28 at 7:00AM
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 Eschliman Commercial Real Estate, Inc.
Investment Insights
Based on property information with market context.
This offering is real estate only, featuring a 2,224 SF retail building on 0.48 acres of land. The property includes land area that encompasses a vacated alley. The site is supported by flexible H-4 zoning, which may allow a wide range of business opportunities.
The property is located on busy West Cornhusker Highway in Lincoln, NE and is positioned for retail and other commercial use. Public remarks indicate it could be suitable for uses such as a restaurant or a car lot, subject to zoning and approvals.
Also available for sale are the business and all associated furniture, fixtures, and equipment. The property may also be TIF eligible, per the provided remarks.
The property is located on busy West Cornhusker Highway in Lincoln, NE and is positioned for retail and other commercial use. Public remarks indicate it could be suitable for uses such as a restaurant or a car lot, subject to zoning and approvals.
Also available for sale are the business and all associated furniture, fixtures, and equipment. The property may also be TIF eligible, per the provided remarks.
Key Highlights
- 2,224 SF retail building on 0.48 acres, including a vacated alley
- H‑4 zoning supports a wide variety of business opportunities
- Located on busy West Cornhusker Highway
Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $40.0k | $18.00 |
| − Vacancy | −$2.6k | −$1.17 |
| EGI | $37.4k | $16.83 |
| − OpEx | −$11.2k | −$5.05 |
| NOI | $26.2k | $11.78 |
2,224 SF · lease $18.00/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$374.3K
$327.5K – $436.7K
NOI $26,201 @ 7.0% cap · market cap 5.46%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$545.2K
$477.1K – $636.1K
NOI $38,166 @ 7.0% cap · market cap 7.95%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Retail space - Retail building on 0.48 acres with H-4 zoning and 2,224 SF of space, plus a vacated alley included.
Where is this retail space located?
The property is located at 736 West Cornhusker Highway Lincoln, NE.
What is the asking price?
The asking price for this property is $480,000.
What are key features of this property?
This property features: 2,224 SF retail building on 0.48 acres, including a vacated alley; H‑4 zoning supports a wide variety of business opportunities; Located on busy West Cornhusker Highway
