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Property profile & analytics
OFF-MARKET Estimated value $3,175,000
Retail space

1601 Q St Lincoln, NE 68508-1640

14,760 SF 0.96 ac lot Built 1993
Entity Owned 6-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US57-0145538
Property summary
AI-generated overview

This exceptional retail opportunity is located at 1601 Q Street in Lincoln, Nebraska, zip code 68508. The property is a strip center offering flexible space ideal for a variety of retail or restaurant uses. Currently, there is one contiguous space of 3,440 square feet available, although smaller spaces starting at 1,000 square feet can be created. The property boasts a strong tenant mix, including Casey's general store, Insomnia Cookies, Breakfast Unhinged, and a national sandwich chain, ensuring high foot traffic and visibility. This prime location provides excellent access and convenience for customers. The property also offers the significant advantage of 68 parking stalls, ensuring ample parking for both tenants and their customers. The available space presents a unique chance to establish a business in a thriving commercial area with established successful businesses as neighbors. The flexible space allows for customization to suit specific business needs, making it an attractive option for a variety of retail or restaurant concepts. Don't miss this opportunity to secure a space in this high-demand location.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1993
Total area 14,760 SF
Lot 0.96 ac (42,000 SF)
Zoning code B4
APN 10-24-318-017-000
UPID US57-0145538
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
Current use
Occupant on record · Public records
  • Papa John's Pizza Restaurant
  • Casey’s Restaurant
  • Insomnia Cookies Bakery Take-out & Catering
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$4.43M
CAP Approach CAP
$2.68M
Comparable Approach Comparable
$2.48M
Blend (final) Blend
$3.18M
Owner & transaction history
Scm Lincoln 1601 LLC · 6 yrs held
Scm Lincoln 1601 LLC
since 2020
Last sale
$3.2M
7 recorded transactions
2025
Price N/A
2020
Price N/A
2020
$3.2M
2018
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
B4 · Lincoln, NE
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source Document Viewer | Municipal Code
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