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Property profile & analytics
OFF-MARKET Estimated value $1,000,000
Office Spaces

1633 Normandy Ct Lincoln, NE 68512-1473

6,000 SF 0.44 ac lot Built 2004
Entity Owned 1-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US57-0117406
Property summary
AI-generated overview

This exceptional Class A office building, constructed in 2003, offers 6,000 square feet of versatile space situated on a 19,149 square foot lot at 1633 Normandy CT, Lincoln, NE 68512. The property boasts a highly desirable location at the intersection of S. 16th and Old Cheney Road, providing excellent visibility and easy access. The single-story building features three available suites ranging from 2,000 to 4,500 square feet, each offering ground-level access and customizable layouts. Suite configurations include a mix of perimeter and interior offices, open areas ideal for modular furniture, and convenient breakroom/kitchenette facilities. Each suite also includes two unisex restrooms. Ample parking is available with over 25 stalls directly adjacent to the building. The property benefits from prominent building signage opportunities, proximity to numerous amenities, and adjacency to a walk/bike trail. The B2 - Planned Neighborhood Business District zoning allows for a variety of commercial uses. This is a truly exceptional opportunity for businesses seeking a high-quality, well-located office space in Southwest Lincoln.

Property profile
Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Year built 2004
Total area 6,000 SF
Lot 0.44 ac (19,149 SF)
Zoning code B2
APN 09-12-318-006-000
UPID US57-0117406
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
  • Nebraska Doctors of Optometry Physician
  • Elam Group Employment Agency
  • Naifa-NE Charitable Organization Social Service Agency
  • The North Central States Optometric Council Council
  • Ne Children Vision Consultant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$1.00M
CAP Approach CAP
$1.12M
Comparable Approach Comparable
$1.19M
Blend (final) Blend
$1.00M
Owner & transaction history
Sao Enterprises LLC · 1 yrs held
Sao Enterprises LLC
since 2024
Last sale
$1.0M
3 recorded transactions
2024
$1.0M
2004
$253,000
1969
Price N/A
Zoning & alternative use
B2 · Lincoln, NE
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores $1.3M +30.8%
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