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    FOR SALE
    Office Spaces

    201 S 68Th Street Pl, Lincoln, NE 68510

    22,393 SF 2.33 ac lot Built 1995
    Entity Owned 2-yr Hold ~ Est. High Equity
    Property ID
    US57-0106077
    Property summary
    AI-generated overview

    This exceptional 22,395 square foot medical office building, located at 201 S 68th St Pl in Lincoln, Nebraska, is available for purchase at $4,250,000. The property boasts a functional layout ideal for a variety of medical uses, featuring numerous exam rooms, treatment areas, and private offices. Currently vacant, this Class B building presents a unique opportunity for immediate occupancy and customization. The asking price equates to $189.77 per square foot. Situated in a prime location just one block south of O Street, the building enjoys excellent visibility and accessibility. Its proximity to Southeast Community College's satellite campus provides a significant advantage, offering potential for synergy and a readily available workforce. The property is zoned O-3, permitting a range of medical and related uses. This is a rare opportunity to acquire a well-positioned, sizable medical office building in a thriving Nebraska community. The building's size and layout offer significant flexibility for a variety of medical practices or healthcare-related businesses. The vacant status allows for immediate occupancy and the chance to tailor the space to specific needs. Serious inquiries are encouraged. The property is located in Lancaster County, Nebraska, zip code 68510.

    Property profile
    Verified
    Property type Office Spaces
    Use group OFFICE (GENERAL)
    Year built 1995
    Total area 22,393 SF
    Lot 2.33 ac (101,408 SF)
    Zoning code O3
    APN 17-28-221-002-000
    UPID US57-0106077
    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
    • Dr. Joni Tilford Physician
    • Cancer Partners of Nebraska Physician
    • Dr. Scott Mcham Physician
    • Korinne N. Riley, APRN Physician
    • Tara Benes Physician
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    $4.19M
    Comparable Approach Comparable
    $4.88M
    Blend (final) Blend
    $4.16M
    Owner & transaction history
    Cpn Properties LLC · 2 yrs held
    Cpn Properties LLC
    since 2024
    4 recorded transactions
    2024
    $50.4M
    1969
    1969
    1969
    Zoning & alternative use
    O3 · Lincoln, NE
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Retail stores $4.8M +38.1%
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    Ask anything about this address in plain English.
    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    More about this property
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