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    1601 Q St Lincoln, NE 68508-1640
    Property profile & analytics

    1601 Q St, Lincoln, NE 68508-1640

    View on Map

    • Retail space
    • 14,760 SF
    • 0.96 lot acres
    Off-Market
    Last Sale Feb 12, 2020
    $3,150,000
    Property ID
    US57-0145538
    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.

    Value Estimations
    $3,175,000
    Show details
    Cap Rate Potential
    3.8%
    Retail space
    Location Intelligence

    Current Use by Public Records

    • Papa John's Pizza / Restaurant
    • Casey’s / Restaurant
    • Insomnia Cookies / Bakery / Take-out & Catering

    Property Details for 1601 Q St

    Year built
    1993
    Lot size
    0.96 lot acres
    Zone code
    B4
    Property type
    Retail space
    APN
    10-24-318-017-000
    APU
    1024318017000

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Jun 2, 2025 — Sower Lvfii Lincoln 1601 LLC — Deed · related $3.6M · Security First Bank
    Mar 23, 2020 — Scm Incoln 1601 LLC — Deed · related $3.5M · Nebraska Bk/commerce
    Feb 12, 2020 $3,150,000 Scm Lincoln 1601 LLC Dot INC Grant Deed $2.4M · Nebraska Bk/commerce
    Dec 24, 2018 — Dot INC — Deed · related $600k · First Nat'l Bk/omaha
    — — Dot INC — Loan Modification · related $600k · First Nat'l Bk/omaha
    — — Scm Incoln 1601 LLC — Loan Modification · related $3.5M · Nebraska Bk/commerce
    — — Dot INC — Deed Of Trust · related $405k · First National Bank Omaha

    Description

    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.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      ML approach
      $4,425,000
    • CAP approach

      CAP Return
      Estimation
      6%
      $2,900,000
      6.5%
      $2,675,000
      7%
      $2,485,000
    • Comparable approach

      Method
      Estimation
      AI Estimate
      $2,482,000
      Market price range: $725k - $2.48M

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


    Location Insight

    • Map
    • Local Demand
    City
    Lincoln
    County
    Lancaster
    State
    Nebraska
    Longitude
    -96.6975
    Latitude
    40.8155
    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
    $61,185
    $1,522,500
    $1,900,800
    $3,423,300
    -
    $1,522,500
    $1,900,800
    $3,423,300
    More about this property
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