4811 1St StLincoln, NE 68521

Property Details for 4811 1St St

Year built

2014

Lot size

0.49 AC

Property size (Sq ft)

7,500 SF

Zone code

O3

Property type

Retail properties

Property subtype

Retail space

APN

11-03-433-002-000

APU

1103433002000

Description

This exceptional 1,790 square foot office space, located at 4811 NW 1st St in Lincoln, Nebraska, presents a fantastic opportunity for businesses seeking a prime location in Lancaster County. Currently configured as a dental practice, the suite boasts multiple water hookups and individual offices, making it easily adaptable to various professional uses. The space is ideal for creative office tenants or medical practices, offering a versatile layout ready for immediate occupancy. Situated in a high-traffic area with excellent visibility, this property benefits from approximately 12,360 cars passing daily, ensuring significant exposure for your business. The suite is available for lease starting September 1st. The property is classified as retail and office, with multiple tenancy options. The asking rent is $16.00 per square foot. The zip code is 68521. This location is perfect for businesses seeking a high-visibility, well-appointed space in Northwest Lincoln. The property's versatility and convenient amenities make it an attractive option for a range of businesses. The existing build-out offers significant cost savings for prospective tenants. Don't miss this chance to secure a prominent location in a thriving area of Lincoln.

• CAP approach

  CAP return

  Valuation

  6%

  $2,250,370

  6.5%

  $2,077,265

  7%

  $1,928,889

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,351,917

  Geo Method

  $1,351,917

• Alternative Use

  Use

  Valuation

  Residential

  $1,752,251

  Hospitality

  $1,605,052

  Educational

  $1,335,385

  Medical

  $1,381,310

  Retail

  $2,077,265

Location Insight

City

Lincoln

County

Lancaster

State

Nebraska

Latitude

40.8613

Longitude

-96.7237

CBSA code

30700

CBSA name

LINCOLN, NE METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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