Property profile

3270 Folkways Blvd Lincoln, NE 68504

FOR LEASE
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Property ID
US57-0128719
19,518 SF 1.66 ac Built 2003
Last sale Jun 2002·$290,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 20-yr Hold Held for 20 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon

Property summary

AI-generated overview

The property is a multi-tenant office building in North Lincoln, built in 2003, with a total area of approximately 19,518 square feet. It includes interior spaces designed with modern finishes and planned common areas, along with expansive window lines that bring natural light into the work areas. Exterior features include a private deck on the second floor and a common-area patio. The site is set within a green-space setting and provides abundant on-site parking. The building is positioned for…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$36k
Tax billed · 2024
Assessed value$2.02M
Assessed land$272k
Assessed improvement$1.75M
Effective rate1.79%

Value estimate

· Nov 2026
$2.74M
$2.47M – $3.01M
CAP approach$3.65M
Submarket $/SF estimate$2.71M
NOI build-up
Gross scheduled income$69k
Vacancy & credit loss−$14k
Operating expenses−$14k
NOI$41k

Realmo valuation models over county records and 7 qualifying comparable sales.

Recently sold

What actually traded nearby?
$114/SF
ZIP average, outlier-cleaned · 57 recorded sales of this use type
Observed band · Q1–Q3$79 – $162
Qualifying comparables7

Cap rate analysis

How does the asset earn?
$41k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
I3
JurisdictionLANCASTER

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency22.2
Building Supply16.5
Hair Salon14.7

Location

3270 Folkways Blvd Lincoln, NE 68504
County assessor Recorded deeds · 1 transfer 7 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
4833 32nd, Lincoln, NE 68504-4653 $6,000,000 Jun 2025 36,408 SF
2700 Fletcher, Lincoln, NE 68504-1113 $2,225,000 Apr 2023 9,609 SF
3820 56th, Lincoln, NE 68504-1705 $1,550,000 Jul 2022 17,200 SF
111 56th, Lincoln, NE 68504-3583 $525,000 Dec 2021 10,824 SF
5901 28th, Lincoln, NE 68504-9820 $1,225,000 Jul 2021 11,183 SF
3333 Landmark, Lincoln, NE 68504-4760 $1,250,000 Jul 2019 12,285 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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