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    1935 Q St Lincoln, NE 68503

    Sponsored
    For Sale
    $1,495,000

    Prime 13,820 SF Office Building, Vacant

    Property size:
    13,820 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    Exceptional redevelopment opportunity in Lincoln, Nebraska, presenting a vacant 13,820-square-foot office building on a 18,625-square-foot lot. Located at 1935 Q St, this property boasts a desirable location east of downtown and north of the Telegraph district, offering significant potential for various uses. The existing two-story, 1956-built Class C building provides a solid foundation for redevelopment, with B4 - Lincoln Center Business zoning permitting multi-family or commercial projects. The asking price is $1,495,000, translating to $108.18 per square foot. The property features one building with a total of 13,820 square feet of net rentable space. This is a unique chance to capitalize on a prime location and flexible zoning. Additional parcels on the same block may be available. The property's APN is 10-24-321-016-000. This is a truly unique opportunity for investors seeking a high-potential redevelopment project in a thriving Nebraska market.

    Property Features for 1935 Q St

    General Information

    Property type
    Office space
    Square Feet
    13,820 SF
    Class
    C

    Building Details

    Year Built
    1956
    Buildings
    1
    Stories
    2
    Units
    1

    HighLights

    • 13,820 SF vacant office building on a 18,625 SF lot in Lincoln, NE.
    • Desirable location east of downtown, north of Telegraph District.
    • B4 zoning allows multi‑family or commercial redevelopment.
    • $1,495,000 asking price ($108.18/SF).
    • APN: 10‑24‑321‑016‑000.
    Property Profile Location Intelligence

    Current Use by Public Records

    Live yes studio Art Studio Africa Culture center-Museum Modern Art Museum Your Geeks in IT ... Consultant Global Food Aide ... Wholesaler

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Lincoln
    County
    Lancaster
    State
    Nebraska
    Longitude
    -96.692530281983
    Latitude
    40.815838059531

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    FAQs

    What type of property is this?
    Office space - Prime 13,820 SF Office Building, Vacant
    Where is this office space located?
    The property is located at 1935 Q St Lincoln, NE.
    What is the asking price?
    The asking price for this property is $1,495,000.
    What are key features of this property?
    This property features: 13,820 SF vacant office building on a 18,625 SF lot in Lincoln, NE.; Desirable location east of downtown, north of Telegraph District.; B4 zoning allows multi-family or commercial redevelopment.
    Request Owner's contact information
    1935 Q St Lincoln, NE 68503
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    Lincoln, NE 68503
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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
    1935 Q St Lincoln, NE 68503
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