Technical
Financial
Distress signals
Property profile

6601 70Th St Lincoln, NE 68516

OFF-MARKET
Specialty properties
Property ID
US57-0217631
17,369 SF 4.82 ac lot Built 2008
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Property summary

AI-generated overview

This exceptional 4.82-acre property in Lincoln, Nebraska, presents a unique investment opportunity. Located at 6601 S 70th St, 68516, this site boasts high visibility and traffic counts exceeding 20,000 vehicles daily, situated between Nebraska Parkway and Pine Lake Road, across from Home Depot. The existing 17,369 square foot building, constructed in 2008, currently functions as a church, featuring a large sanctuary (seating over 130), a stage, A/V booth, reception area, café with prep and dishwashing areas, fellowship space, four offices, and ample storage. A lower level, accessible via a separate entrance, is designed as an early childcare facility, including a common area, three classrooms (each with toilet and sink), and two additional restrooms. The property's O-3 zoning permits a variety of uses, including places of religious assembly, banks, financial institutions, and offices. Early childcare and veterinary facilities are permissible with a conditional use permit. A two-story building height limit applies. The seller is open to selling the land and building separately, encouraging creative proposals and offers. This is the last available vacant parcel on South 70th Street between Nebraska Parkway and Pine Lake Road, offering unparalleled potential for continued use as a church, conversion to alternative uses (e.g., daycare, medical, recreational), or complete redevelopment. The property's prime location benefits from the ongoing southward expansion of Lincoln, further enhanced by the proximity of Standing Bear High School and the new 68th & Saltillo Road beltway exit.

Property profile

Verified
Property type Specialty properties
Year built 2008
Total area 17,369 SF
Lot 4.82 ac (209,959 SF)
UPID US57-0217631

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
  • Church
  • Church

Location

6601 70Th St Lincoln, NE 68516
Lincoln metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

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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