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4501 70th St Lincoln, NE 68516-4282

OFF-MARKET Office Spaces Google Maps
42,161 SF 4.38 ac lot Built 1996
Entity Owned 10-yr Hold Absentee Owner ~ Est. High Equity
Estimated value (blended)
$6.53M
Range $5.87M – $7.18M (±10%)
Property ID US57-0017870

Property summary

AI-generated overview

This exceptional medical office space, located at 4501 S 70th St, Lincoln, NE 68516, offers multiple tenancy options totaling 2,291 to 15,115 square feet. The property is ideally situated in a high-traffic area of south Lincoln, providing excellent visibility and accessibility for patients. Its convenient location offers immediate proximity to a wide array of amenities, including quick-service and full-service restaurants, a grocery store, and hotels, ensuring convenience for both staff and clients. The building's design and location cater specifically to medical practices, benefiting from strong local demographics. Two spaces are currently available, providing flexibility for practices of varying sizes. This presents a unique opportunity to establish or expand a medical practice in a thriving and well-supported community. The property's strategic placement within a bustling commercial area guarantees high visibility and easy access for patients, contributing to a successful and thriving medical practice. The surrounding area's diverse amenities further enhance the property's appeal, making it an attractive location for both medical professionals and their clientele. Interested parties are encouraged to inquire about available space and lease terms. This is a prime opportunity to secure a well-located medical office space in a rapidly growing area of Lincoln, Nebraska.

Property profile

Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Year built 1996
Total area 42,161 SF
Lot 4.38 ac (190,967 SF)
Zoning code O3
APN 16-09-248-013-000
UPID US57-0017870

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Physician
  • Physician
  • Physician
  • Pediatrician Medical Clinic
  • Pediatrician Medical Clinic

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$7.88M
Comparable Approach Comparable
$6.83M
Blend (final) Blend
$6.53M

Owner & transaction history

since 2016
2 recorded transactions
2016
$8.8M
2006
$5.0M

Zoning & alternative use

O3 · Lincoln, NE
Top alternative use upside
Retail stores $9.0M +39.8%

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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