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Property profile & analytics
FOR LEASE
Office Spaces
3201 Pioneers Blvd Lincoln, NE 68502
Individually Owned
3-yr Hold
Free & Clear
Property ID
US57-0157120
For Lease
1 / 3
$3,835,000
3201 Pioneers Blvd, Lincoln, NE 68502
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Property summary
AI-generated overview
Pioneer Plaza, located at 3201 Pioneers Blvd in Lincoln, Nebraska (zip code 68502), offers multiple traditional office spaces for lease. The building, situated prominently along 33rd Street and Highway 2, is undergoing significant renovations and modernization in the first half of 2024, ensuring its continued status as a Class A office building. Suites range in size from 1,112 square feet to 3,089 square feet, providing flexibility for businesses of various sizes. The property is in Lancaster County and is ideal for professional service providers seeking a high-profile location in south Lincoln. The planned renovations will enhance the building's appeal and functionality, making it an attractive option for businesses seeking modern, efficient workspace. This is a fantastic opportunity to secure office space in a well-maintained and soon-to-be-updated building in a prime location. The building's prominent location offers excellent visibility and accessibility. Seven individual office spaces are currently available. Contact us today to learn more about leasing opportunities and the planned renovations.
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
1977
Total area
39,853 SF
Lot
1.76 ac (76,491 SF)
Zoning code
B1
APN
16-07-100-005-000
UPID
US57-0157120
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. Dean R. Dutter, DDS Dental Office
-
Distinctive Dental Care Dental Office
-
Judy E. Byrns, PhD Physician Medical Clinic
-
Lincoln Behavioral Health Clinic Physician Medical Clinic
-
Marriage & Family Clinic Marriage Or Relationship Counselor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$4.02M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.84M
Owner & transaction history
James B Meysenlmrg · 3 yrs held
James B Meysenlmrg
since 2023
Last sale
$3.6M
5 recorded transactions
Zoning & alternative use
B1 · Lincoln, NE
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Lincoln submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lincoln submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$4,045,000
ML approach
$4,020,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$4,500,000
Current use
Blend value · Realmo final
$3.84M
Range $3.45M – $4.22M · ±10% · vs last sale $3.63M (Mar 1 2023)
Last sale anchor
$3.63M
Mar 1 2023
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$96 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$80,330
Tax year 2024
Assessed value
$4,494,500
Assessed 2024
Previous assessed
$3,891,300
+15.5% YoY
Effective rate
1.79%
On assessed value
Assessed land
$847,400
Assessed improvement
$3,647,100
Land market value
$847,400
Improvement market value
$3,647,100
Total market value
$4,494,500
Applied tax rate
1.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Status
For Lease
Year built
1977
Heating
HOT WATER
Cooling
REFRIGERATOR
Buildings
2
Units
1
Total area
39,853 SF
Lot
1.76 ac (76,491 SF)
Zoning code
B1
APN
16-07-100-005-000
UPID
US57-0157120
Jurisdiction
LANCASTER
Zoning & alternative use
B1 · Lincoln, NE
Zoning B1 · permitted uses
B1 · Lincoln, NE
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lincoln. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$4.5M
COMMERCIAL (GENERAL) Current
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1977
Heating
HOT WATER
Cooling
Yes
Buildings
2
Units
1
Lot
1.76 ac
Current owner
From public records · entity-resolved
James B Meysenlmrg
Individual
Free & Clear · 3 yrs held
Mailing address
PO BOX 365, ALBION, NE 68620-0365
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 13, 2023
—
James H Meysenburg
—
Deed
related
$750,000 · Bruning State Bank
Mar 1, 2023
$3,633,000
James B Meysenlmrg
Bisbee Bres LLC
Warranty Deed
—
—
—
Bisbee Bros LLC
—
Deed Of Trust
related
$200,000 · Union Bank & Trust
—
—
Bisbee Bros LLC
—
Deed Of Trust
related
$100,000 · Union Bank & Trust
—
—
Bisbee Bros LLC
—
Deed Of Trust
related
$600,000 · Union Bank & Trust
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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