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Property profile & analytics

2200 40th St Lincoln, NE 68506-2425

  • Office Properties & Spaces
  • 9,232 SF
  • 0.92 lot acres
OFF-MARKET
Last Sale
Jul 10, 2024
Value Estimations
$1,050,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US57-0166820
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.

Current Use by Public Records

  • Vitalize Health, LLC / Medical Clinic
  • Angela K. Moran Manzitto, PA / Physician
  • Jacqueline Stewart, APRN, FNP-C / Physician
  • Bob Bleicher / Physician
  • Dylan Oatman / Physician

Property Details for 2200 40th St

Year built
1987
Lot size
0.92 lot acres
Property size
9,232 SF
Zone code
R5
Property type
Office Properties & Spaces
APN
17-32-300-056-000
APU
1732300056000

Description

This exceptional 2,330 square foot office space is ideally situated at the high-traffic corner of 40th and Normal Boulevard in Lincoln, Nebraska. Located at 2200 S 40th St, this single-tenant property boasts unparalleled visibility. Built in 1987 and renovated in 2014, the one-story building offers a versatile space suitable for various office uses, including traditional, medical, executive, coworking, and creative office setups. The R-5 zoning provides flexibility for a range of businesses. The property's location benefits from significant daily traffic volume, with an estimated 37,860 cars passing by daily (based on 2019 City of Lincoln data). This high visibility translates to an exceptional opportunity for signage, allowing for prominent brand exposure and increased customer traffic. The address is 2200 S 40th St, Lincoln, NE 68506, situated near the cross streets of S 40th St. & Normal Blvd, in Lancaster County. This is a rare opportunity to secure a highly visible and functional office space in a thriving Lincoln location.


Value Estimations

based on Realmo’s proprietary methodology
  • Comparable approach

    Method
    Estimation
    Statistic Estimate
    $1,199,000
    Market price range: $1.12M - $1.60M
    AI Estimate
    $801,000
    Market price range: $454k - $1.28M
  • Alternative Use

    Use
    Estimation
    COMMERCIAL (GENERAL)
    $1,305,000
    Current use

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


Location Insight

  • Map
  • Local Demand
City
Lincoln
County
Lancaster
State
Nebraska
Longitude
-96.6631
Latitude
40.7907
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
2023
$18,203
$399,000
$687,100
$1,086,100
-
$399,000
$687,100
$1,086,100
More about this property
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