This single-story, 12,211 square foot Class B medical office building is located at 3940 Cornhusker Highway in Lincoln, Nebraska, Lancaster County, zip code 68504. Built in 1978, the property sits on a 50,171 square foot lot and offers convenient access to Interstate 80 and the University of Nebraska-Lincoln's East Campus. Currently, there is 5,858 square feet of vacant space available, divisible into units ranging from 1,513 to 4,345 contiguous square feet. The building features multiple…

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?

$15k

Tax billed · 2024

Assessed value$857k

Assessed land$364k

Assessed improvement$493k

Effective rate1.79%

Value estimate

· Nov 2026

$445k

$401k – $490k

Submarket $/SF estimate$1.15M

Realmo valuation models over county records and 5 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 comparables5

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?

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 agency32.5

Dental Office23.0

Law Firm20.6

3940 Cornhusker Hwy Lincoln, NE 68504-1509

County assessor Recorded deeds · 3 transfers 5 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 · 16 properties nearby

Address Sale price Sold Size

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

810 48th, Lincoln, NE 68504-3367 $479,000 May 2021 5,806 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

Value Estimation
$1,675,000

11,635 SF

3800 Cornhusker Hwy

OFFICE (GENERAL)

3800 Cornhusker Hwy, Lincoln, NE 68504-1533

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Value Estimation
$620,000

10,824 SF

111 56th St

OFFICE (GENERAL)

111 56th St, Lincoln, NE 68504-3583

View Details
Value Estimation
$1,600,000

17,200 SF

3820 56th St

OFFICE (GENERAL)

3820 56th St, Lincoln, NE 68504-1705

View Details
Value Estimation
$2,850,000

18,264 SF

3211 Salt Crk Cir

OFFICE (GENERAL)

3211 Salt Crk Cir, Lincoln, NE 68504-4761

View Details
Value Estimation
$2,895,000

20,164 SF

5001 Central Park Dr

OFFICE (GENERAL)

5001 Central Park Dr, Lincoln, NE 68504-3461

View Details
Value Estimation
$3,155,000

20,222 SF

2436 48th St

OFFICE (GENERAL)

2436 48th St, Lincoln, NE 68504-3627

View Details

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Well-Maintained Office Space Available

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3940 Cornhusker Hwy Lincoln, NE 68504

Property summary