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Property profile & analytics
OFF-MARKET Estimated value $4,490,000
Commercial real estate

700 Van Dorn St Lincoln, NE 68502-3352

28,444 SF 4.94 ac lot Built 1970
Entity Owned 3-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US57-0216929
Property summary
AI-generated overview

This exceptional 1,713 square foot flex space is immediately available in a larger 28,444 square foot building situated on a substantial 214,834 square foot lot. The property boasts a convenient location, easily accessible from Van Dorn Street and Highways 2 & 77. Its flexible design, featuring both a rear loading area ideal for logistics and a storefront perfect for retail interaction, makes it suitable for a wide range of businesses. The space is currently vacant and presents a blank canvas for customization, allowing tenants to tailor the layout to their specific operational needs. The building itself is a single-story Class B industrial structure, zoned I1 - I1-Industrial District, under APN 10-35-300-035-000. While the entire building houses multiple tenants, this particular unit offers 1,713 contiguous square feet, providing ample room for growth and expansion. The property's strategic location and adaptable design make it an excellent opportunity for businesses seeking a versatile and accessible workspace. Schedule a viewing today to explore the potential of this adaptable space and envision how it can perfectly accommodate your business requirements. The property offers immediate occupancy.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1970
Total area 28,444 SF
Lot 4.94 ac (214,969 SF)
Zoning code I1
APN 10-35-300-035-000
UPID US57-0216929
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Starstruck Dance Academy Training Center
  • DVAuction, Inc. Trade Show Venue (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$5.32M
Comparable Approach Comparable
$3.84M
Blend (final) Blend
$4.49M
Owner & transaction history
B & J Partnership Ltd · 3 yrs held
B & J Partnership Ltd
since 2022
6 recorded transactions
2022
Price N/A
2018
Price N/A
2003
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
I1 · Lincoln, NE
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores $6.0M +88.0%
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