High-Visibility Retail Opportunity in
For Sale
$990,000
800 N 27th St, Lincoln, NE 68503
Freestanding retail building with high traffic and flexible zoning.
Property Size5,664 SF
Price / SF$174.79
Days on Market147
Property Features for 800 N 27th St
General Information
Standard status
Active
Size
5,664 SF
Property subtype
Retail
Building Details
Building Size
5,664 SF
Year Built
1925
Listing Agency:
NAI FMA Realty
Listed By:
Jared Froehlich, SIOR, CCIM · License #NE20180245
(402) 570-9991
Source:
Naiglobal
Added: May 27
Changed: Oct 2
Last Checked: Oct 19 at 4:02AM
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 NAI FMA Realty
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Investment Insights
Based on property information with market context.
This 5,664 square foot brick building is a freestanding retail opportunity located at a busy signalized intersection in Lincoln. The property benefits from high visibility and exceptional street presence. It features flexible B3 Commercial zoning and abundant on-site parking with 38 stalls. An adjacent vacant lot provides additional flexibility for expansion, outdoor storage, redevelopment, or excess parking. The location benefits from traffic counts exceeding 29,000 vehicles per day on N. 27th Street and over 14,000 vehicles per day on Vine Street, providing outstanding exposure for retail, medical, office, showroom, or service-oriented users. The open floor plan and distinctive architecture make it suitable for owner-users or investment/redevelopment. The property is located near national and local retailers including Walgreens and McDonald’s, and benefits from strong surrounding demographics and consistent daily traffic flow. It is available for both sale and lease.
Key Highlights
- High‑visibility location at a busy signalized intersection (N. 27th & Vine) with exceptional street presence.
- Flexible B3 Commercial zoning allows for a wide range of uses.
- Abundant on‑site parking with 38 stalls.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$66,728
Cap Rate
6.74%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,334,560
$1.3M
Cap Rate 7%
$953,257
$953.3K
Cap Rate 9%
$741,422
$741.4K
Market Conditions
NOI Build-Up for 5,664 SF
Gross rent
$102.0K $18.00/SF
− Vacancy
−$6.6K −$1.17/SF
EGI
$95.3K $16.83/SF
− OpEx
−$28.6K −$5.05/SF
NOI
$66.7K $11.78/SF
Area
Lincoln, NE
Vacancy
6.50%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,334,560
Cap Rate 7%
$953,257
Cap Rate 9%
$741,422
Alternative Uses
Best Use
Retail
$953.3K
$834.1K – $1.11M
NOI $66,728 @ 7.0% cap · market cap 6.74%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.39M
$1.22M – $1.62M
NOI $97,200 @ 7.0% cap · market cap 9.82%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,149
Businesses Nearby
21k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 100%
McDonald's
Dining
20,386 visits/mo
0.1 miles
Sal's Pizza
Dining
455 visits/mo
0.1 miles
Demographics for 68503, NE
15,064
Population
6,851
Households
2.2
Avg Household Size
28
Median Age
38%
College-Educated
82%
High-School Grad
2.9 sq mi
ZIP Area
5,194
Density / Sq Mi
$50,886
Median Household Income
$27,909
Median Earnings
$974
Median Rent
$158,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in Midwest region
Frequently Asked Questions
What type of property is this?
Retail space - Freestanding retail building with high traffic and flexible zoning.
Where is this retail space located?
The property is located at 800 N 27th St Lincoln, NE.
What is the asking price?
The asking price for this property is $990,000.
What are key features of this property?
This property features: High‑visibility location at a busy signalized intersection (N. 27th & Vine) with exceptional street presence.; Flexible B3 Commercial zoning allows for a wide range of uses.; Abundant on‑site parking with 38 stalls.
