201 68Th Street PlLincoln, NE 68510

Property Details for 201 68Th Street Pl

Year built

1995

Lot size

2.33 AC

Property size (Sq ft)

22,393 SF

Zone code

O3

Property type

Office properties

APN

17-28-221-002-000

APU

1728221002000

Description

This exceptional 22,395 square foot medical office building, located at 201 S 68th St Pl in Lincoln, Nebraska, is available for purchase at $4,250,000. The property boasts a functional layout ideal for a variety of medical uses, featuring numerous exam rooms, treatment areas, and private offices. Currently vacant, this Class B building presents a unique opportunity for immediate occupancy and customization. The asking price equates to $189.77 per square foot. Situated in a prime location just one block south of O Street, the building enjoys excellent visibility and accessibility. Its proximity to Southeast Community College's satellite campus provides a significant advantage, offering potential for synergy and a readily available workforce. The property is zoned O-3, permitting a range of medical and related uses. This is a rare opportunity to acquire a well-positioned, sizable medical office building in a thriving Nebraska community. The building's size and layout offer significant flexibility for a variety of medical practices or healthcare-related businesses. The vacant status allows for immediate occupancy and the chance to tailor the space to specific needs. Serious inquiries are encouraged. The property is located in Lancaster County, Nebraska, zip code 68510.

• CAP approach

  CAP return

  Valuation

  6%

  $4,137,170

  6.5%

  $3,818,926

  7%

  $3,546,146

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,601,771

  Geo Method

  $1,601,771

• Alternative Use

  Use

  Valuation

  Residential

  $4,735,469

  Hospitality

  $4,337,664

  Educational

  $3,608,886

  Medical

  $3,733,000

  Retail

  $5,613,822

Location Insight

City

Lincoln

County

Lancaster

State

Nebraska

Latitude

40.8119

Longitude

-96.6285

CBSA code

30700

CBSA name

LINCOLN, NE METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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