3270 Folkways Blvd Lincoln, NE 68504
- Office Properties & Spaces
- 19,518 SF
- 1.66 lot acres
Current Use by Public Records
- Kathryn A. Schulz, PA / Physician
- ADM Commercial Office / Specialty Food Shop / Farmer's Market
- Nebraska Safety Council / Charitable Organization / Social Service Agency
- George's Finest Home Appliance Repair LLC / Home Appliance Store
- PremierWireless Software / (Bike/Boat/Book/etc) Store / Corporate Office
Property Details for 3270 Folkways Blvd
- Year built
- 2003
- Lot size
- 1.66 lot acres
- Property size
- 19,518 SF
- Zone code
- I3
- Property type
- Office Properties & Spaces
- APN
- 17-06-207-003-000
- APU
- 1706207003000
Description
This exceptional 3,279 square foot Class A office suite, located at 3270 Folkways Blvd, Lincoln, NE 68504, is situated in the Sandstone Building, Suite 200. Built in 2003, this two-story building offers a single-tenant occupancy in a highly desirable location. The suite boasts a modern, open floor plan with floor-to-ceiling windows providing abundant natural light. High-end interior finishes create a sophisticated and professional atmosphere. The space includes executive office space and additional area suitable for training or other business needs. The ceiling height is 12 feet, offering a spacious feel. The property is zoned I-3 and has an APN of 17-06-207-003-000. Its convenient location provides easy access to Lincoln Airport (LNK), the University of Nebraska-Lincoln (UNL) campus, and Interstate 80. The estimated monthly cost is $5,347.50, which includes NNN expenses at a rate of $5.57 per square foot, plus utilities. The cross street is N 33rd St. This property represents a unique opportunity for a business seeking a high-quality, well-located office space in Lincoln, Nebraska.
Value Estimations
-
CAP approach
- CAP Return
- Estimation
- 6%
- $3,950,000
- 6.5%
- $3,650,000
- 7%
- $3,390,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $2,712,000
- AI Estimate
- $1,862,000
Market price range: $1.54M - $3.16MMarket price range: $770k - $2.33M -
Alternative Use
- Use
- Estimation
- COMMERCIAL (GENERAL)
- $2,230,000 Current use
- RETAIL STORES
- $4,145,000 Change: +86% Conversion: Easy
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Location Insight
- Map
- Local Demand
- City
- Lincoln
- County
- Lancaster
- State
- Nebraska
- Longitude
- -96.6703
- Latitude
- 40.8658
- CBSA code
- 30700
- CBSA name
- LINCOLN, NE METROPOLITAN STATISTICAL AREA