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    Property profile & analytics
    OFF-MARKET Estimated value $5,090,000
    Investment properties

    1309 M St, Lincoln, NE 68508

    63,900 SF 0.49 ac lot Built 1948
    Entity Owned 7-yr Hold Absentee Owner Free & Clear
    Property ID
    US57-0248214
    Property summary
    AI-generated overview

    This exceptional commercial property, located just two blocks north of Nebraska's State Capitol in Lincoln's vibrant downtown, offers a unique opportunity for businesses seeking flexible and strategically positioned office space. The building is zoned B-4 and features multiple tenancy options, with available spaces ranging from a minimum of 1,348 square feet to a maximum contiguous space of 21,368 square feet. Currently, 12,721 square feet of space is vacant and ready for immediate occupancy. The property is ideal for both retail and office uses, catering to a variety of business needs. Its central location provides unparalleled convenience, with wide sidewalks, ample metered street parking, and easy access to bike lanes, bus stops, and nearby city parking garages ensuring convenient access for employees and clients alike. The property's address is identified by APN 1026217003000 in Lancaster County. Limited parking is available on-site with a total of 8 spaces. This is a rare opportunity to establish a presence in a high-traffic, highly visible area of Lincoln's downtown core. Contact us today to learn more about this exciting opportunity and to schedule a viewing.

    Property profile
    Verified
    Property type Investment properties
    Use group OFFICE/RESIDENTIAL (MIXED USE)
    Year built 1948
    Total area 63,900 SF
    Lot 0.49 ac (21,300 SF)
    Zoning code B4
    APN 10-26-217-003-000
    UPID US57-0248214
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $5.09M
    Blend (final) Blend
    $5.09M
    Owner & transaction history
    New Generation Properties LLC · 7 yrs held
    New Generation Properties LLC
    since 2019
    3 recorded transactions
    2020
    2019
    2019
    $250,000
    Zoning & alternative use
    B4 · Lincoln, NE
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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