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    200 S 21St St Lincoln, NE 68510
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    Property profile & analytics

    200 S 21St St Lincoln, NE 68510


    • Investment properties
    • 118,238 SF
    • 2.96 lot acres
    Revitalized Commercial Space in Lincoln For Lease
    $21,935,000

    Revitalized Commercial Space in Lincoln

    Dynamic urban district offering office and retail spaces for lease.

    200 S 21st St, Lincoln, NE 68510
    View Listing
    Property ID
    US57-0000630
    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
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Felsburg Holt & Ullevig / Engineering Consultant
    • Noonie's Homemade Fudge / Bakery / Take-out & Catering
    • Silicon Prairie Cyber Services / Law Firm
    • NS Development - Contracting & Development / Construction Company
    • Ship Guy Auto Transport / Car Dealership / Shipping Company

    Property Details for 200 S 21St St

    Year built
    2020
    Lot size
    2.96 lot acres
    Property size
    118,238 SF
    Zone code
    B4
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    10-25-263-001-000
    APU
    1025263001000

    Description

    This exceptional retail and office opportunity is located in Lincoln, Nebraska's vibrant Telegraph District, a mixed-use redevelopment project at 200 S 21st St, zip code 68510. The property boasts a total of 125,000 square feet, offering multiple tenancy options with spaces ranging from a minimum of 1,854 square feet to a maximum contiguous space of 14,400 square feet. Six individual spaces are currently available, ideal for a variety of businesses. The Telegraph District is strategically situated on the eastern edge of downtown Lincoln, revitalizing the former Lincoln Telephone & Telegraph campus. This dynamic location benefits from its proximity to other thriving businesses, including restaurants, bars, boutiques, and fitness centers, creating a synergistic and attractive environment for tenants. The project's unique blend of residential, retail, and office spaces fosters a lively and diverse community. This is a chance to establish a presence in a rapidly growing and highly sought-after area of Lincoln, Nebraska. The property's industrial heritage adds character and appeal, while its modern redevelopment provides contemporary amenities and infrastructure. Contact us today to learn more about these exceptional spaces and secure your place in the heart of Lincoln's Telegraph District.


    Value Estimations

    based on Realmo’s proprietary methodology
    • CAP approach

      CAP Return
      Estimation
      6%
      $23,945,000
      6.5%
      $22,100,000
      7%
      $20,525,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $25,764,000
      Market price range: $11.7M - $25.8M
      AI Estimate
      $17,936,000
      Market price range: $5.45M - $17.9M
    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $18,175,000
      Current use
      RETAIL STORES
      $25,105,000
      Change: +38% Conversion: Easy

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


    Location Insight

    • Map
    • Local Demand
    City
    Lincoln
    County
    Lancaster
    State
    Nebraska
    Longitude
    -96.6899
    Latitude
    40.8118
    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
    $431,504
    $1,932,400
    $22,210,400
    $24,142,800
    -
    $1,932,400
    $22,210,400
    $24,142,800
    View Listing
    More about this property
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