100 12Th StLincoln, NE 68508

Property Details for 100 12Th St

Year built

1908

Lot size

0.00 AC

Property size (Sq ft)

1,044 SF

Zone code

B1

Property type

Office properties

APN

10-23-432-004-002

APU

1023432004002

Description

This exceptional office condo, located at 100 N 12th St, Lincoln, NE 68508 (APN 1023432004000), presents a unique opportunity in the heart of downtown. Situated in the historic Centerstone building, constructed in 1916, this property offers 5,711 square feet of versatile office space on the second floor, ideal for a variety of business needs. The space includes a substantial conference/training room, perfect for presentations or team meetings, and a welcoming reception area conveniently located off the elevator lobby. Multiple large offices provide ample room for individual work or departmental use. Adding to the property's functionality is an additional 1,473 square feet of basement storage, offering valuable extra space for files, equipment, or inventory. The building is zoned B-4, and the property is a multi-tenant space. This prime location at the intersection of 12th & O Street offers excellent visibility and accessibility, making it an attractive option for businesses seeking a prestigious downtown address. The unique character of this historic building provides a distinctive and memorable workspace. This is a rare opportunity to acquire a substantial and well-appointed office condo in a highly desirable location.

• CAP approach

  CAP return

  Valuation

  6%

  $206,246

  6.5%

  $190,381

  7%

  $176,782

• Comparable approach

  Method

  Valuation

  Relative Method

  $74,677

  Geo Method

  $74,677

• Alternative Use

  Use

  Valuation

  Residential

  $236,072

  Hospitality

  $216,241

  Educational

  $179,910

  Medical

  $186,097

  Retail

  $279,860

Location Insight

City

Lincoln

County

Lancaster

State

Nebraska

Latitude

40.814

Longitude

-96.7038

CBSA code

30700

CBSA name

LINCOLN, NE METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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