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Property profile & analytics

1225 L St Lincoln, NE 68508-2171

  • Office Properties & Spaces
  • 46,373 SF
  • 0.33 lot acres
OFF-MARKET
Value Estimations
$5,265,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US57-0146966
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Transportation Tomorrow / Freight Service / Logistics Company
  • Accountability & Disclosure / State Government Office / Health
  • THE SMITH TEAM / Financial Advisor
  • Foster Care Review Office / Social Service Agency / Charitable Organization
  • Liberty Mobility Now Inc / Freight Service / Logistics Company

Property Details for 1225 L St

Year built
1990
Lot size
0.33 lot acres
Property size
46,373 SF
Zone code
B4
Property type
Office Properties & Spaces
APN
10-26-222-013-000
APU
1026222013000

Description

Centre Terrace offers exceptional office space in Lincoln, Nebraska. This six-story, Class C building, constructed in 1993, boasts 76,890 total square feet, with 4,419 square feet currently vacant. The property sits on a 0.33-acre lot (14,213 square feet) and is ideally located across from the Cornhusker Marriott, within two blocks of the State Capitol Building, and three blocks from the City/County Building. The building features multiple tenancy options, with five of the six floors offering exterior terraces. Floor plans vary in size and configuration, providing flexibility for prospective tenants. Three floors are currently vacant and ready for immediate occupancy, requiring minimal tenant improvements. Ample parking is available, with over 80 stalls for tenant use and additional parking underneath the building for clients. On-site management ensures smooth operations. Many suites feature attractive finishes, and existing furniture may be negotiable in some vacant spaces. The building offers a unique opportunity for businesses seeking high-quality office space in a prime Lincoln location. Total parking spaces available are 20. The building is categorized as Executive Office and Creative Office space.


Value Estimations

based on Realmo’s proprietary methodology
  • Comparable approach

    Method
    Estimation
    AI Estimate
    $3,762,000
    Market price range: $1.82M - $5.01M
  • Alternative Use

    Use
    Estimation
    COMMERCIAL (GENERAL)
    $6,430,000
    Current use

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Lincoln
County
Lancaster
State
Nebraska
Longitude
-96.7033
Latitude
40.81
CBSA code
30700
CBSA name
LINCOLN, NE METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$85,458
$422,500
$4,358,900
$4,781,400
-
$422,500
$4,358,900
$4,781,400
More about this property
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