3421 O St Lincoln, NE 68510-1541
- Commercial real estate
- 1,160 SF
- 0.34 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 3421 O St
- Year built
- 1926
- Lot size
- 0.34 lot acres
- Property size
- 1,160 SF
- Zone code
- O2
- Property type
- Commercial real estate
- APN
- 17-30-200-005-000
- APU
- 1730200005000
Description
This Lincoln, Nebraska property, located at 3421 O Street, offers 1,160 square feet of vacant space in a 1-story, 1926-built building renovated in 2008. Situated on a 14,870 square foot lot (APN 17-30-200-005-000), it's zoned O2 - Suburban Office District and presents a prime development opportunity. The building's central Lincoln location, near the intersection of 33rd and O Street, ensures high visibility and accessibility. Its versatility allows for various uses, including medical office, storefront retail, or traditional office space. The property is currently vacant, providing a blank canvas for redevelopment or repurposing. The asking price is $400,000. This presents an excellent investment opportunity for those seeking high-traffic exposure and flexibility in a thriving commercial area. The property's size and location make it ideal for expansion, additional parking, or a complete redevelopment project. This is a rare chance to acquire a well-positioned property in a desirable Lincoln neighborhood.
Value Estimations
-
AI approach
- Method
- Estimation
- ML approach
- $305,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $235,000
- 6.5%
- $215,000
- 7%
- $200,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $252,000
Market price range: $115k - $253k
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Location Insight
- Map
- Local Demand
- City
- Lincoln
- County
- Lancaster
- State
- Nebraska
- Longitude
- -96.671
- Latitude
- 40.8132
- CBSA code
- 30700
- CBSA name
- LINCOLN, NE METROPOLITAN STATISTICAL AREA