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3421 O St Lincoln, NE 68510-1541

OFF-MARKET Commercial real estate Google Maps
1,160 SF 0.34 ac lot Built 1926
Entity Owned Absentee Owner Free & Clear
Estimated value (blended)
$305k
Range $275k – $336k (±10%)
Property ID US57-0225113

Property summary

AI-generated overview

This Lincoln, Nebraska property, located at 3421 O Street, offers 1,160 square feet of vacant space in a 1-story, 1926-built building renovated in 2008. Situated on a 14,870 square foot lot (APN 17-30-200-005-000), it's zoned O2 - Suburban Office District and presents a prime development opportunity. The building's central Lincoln location, near the intersection of 33rd and O Street, ensures high visibility and accessibility. Its versatility allows for various uses, including medical office, storefront retail, or traditional office space. The property is currently vacant, providing a blank canvas for redevelopment or repurposing. The asking price is $400,000. This presents an excellent investment opportunity for those seeking high-traffic exposure and flexibility in a thriving commercial area. The property's size and location make it ideal for expansion, additional parking, or a complete redevelopment project. This is a rare chance to acquire a well-positioned property in a desirable Lincoln neighborhood.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1926
Total area 1,160 SF
Lot 0.34 ac (14,870 SF)
Zoning code O2
APN 17-30-200-005-000
UPID US57-0225113

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$305k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$305k

Owner & transaction history

Zoning & alternative use

O2 · Lincoln, NE

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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