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Property profile & analytics

340 Victory Ln Lincoln, NE 68528

  • Industrial properties
  • 55,186 SF
  • 29.39 lot acres
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US57-0232923
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

  • Speedway Properties / Real Estate Agency
  • Blue Diamond Classics (Speedway Motors) / Toy Manufacturer
  • Pro Racers Supply / Racing Car Parts Store
  • Speedway Motors / Racing Car Parts Store / Auto Parts Store
  • B & J Partnership Ltd / Real Estate Developer

Property Details for 340 Victory Ln

Year built
1988
Lot size
29.39 lot acres
Property size
55,186 SF
Zone code
I1
Property type
Industrial properties
APN
10-22-400-032-000
APU
1022400032000

Description

This exceptional Class B office building, located just off West 'O' Street, offers 17,357 square feet of immediately available traditional office space. The property boasts a convenient location providing easy access to downtown Lincoln, a significant advantage for businesses seeking a central yet easily accessible location. The multiple tenancy setup allows for flexibility in lease terms and configurations, making it suitable for a variety of business needs. The building features ample parking, a crucial amenity for employees and clients alike. The zoning designation is I-1, providing a range of potential uses. Elevators are present in the building, ensuring convenient access to all floors. This is an excellent opportunity for businesses seeking a well-located, spacious, and functional office environment in a thriving area of Lincoln, Nebraska. The building's strategic location offers easy ingress and egress to and from the downtown core, minimizing commute times and maximizing efficiency. The substantial square footage available presents a unique opportunity for businesses requiring significant space for operations or expansion. The existing infrastructure and convenient amenities make this property a highly attractive option for companies seeking a productive and comfortable workspace. Interested parties are encouraged to inquire further to explore the possibilities this prime office space offers. The property is situated in Lancaster County.


Value Estimations

based on Realmo’s proprietary methodology
  • Alternative Use

    Use
    Estimation
    INDUSTRIAL (GENERAL)
    $4,430,000
    Current use
    COMMERCIAL (GENERAL)
    $6,605,000
    Change: +49% Conversion: Difficult

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Location Insight

  • Map
  • Local Demand
City
Lincoln
County
Lancaster
State
Nebraska
Longitude
-96.7278
Latitude
40.8181
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
2024
$283,989
$2,880,000
$13,009,300
$15,889,300
-
$2,880,000
$13,009,300
$15,889,300
More about this property
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