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Property profile & analytics
OFF-MARKET Estimated value $810,000
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
$810k
Owner & transaction history
New Generation Properties LLC · 7 yrs held
New Generation Properties LLC
since 2019
3 recorded transactions
2020
Price N/A
2019
Price N/A
2019
$250,000
Zoning & alternative use
B4 · Lincoln, NE
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source Document Viewer | Municipal Code
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