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    Property profile & analytics

    Lincoln, NE 68505

    • Retail space
    • 8,996 SF
    • 0.54 lot acres
    OFF-MARKET
    Value Estimation
    $2,035,000
    Last Sale
    Apr 17, 2024
    $2,042,000
    Location Intelligence
    Property ID
    US57-0122041
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Isalis / Gift Shop / Boutique
    • Party City / Candy Store / Costume Store
    • Skunk Funk / Wholesaler / Clothing Store
    • Carl's Trading Co / Hat Shop
    • Bushka's Kitchen LLC / Outdoor Clothing And Equipment Shop

    Property Details

    Year built
    1993
    Lot size
    0.54 lot acres
    Property size
    8,996 SF
    Zone code
    B5
    Property type
    Retail space
    APN
    17-21-326-002-000
    APU
    1721326002000

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $2,040,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,920,000
      6.5%
      $2,080,000
      7%
      $1,935,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,945,000
      Geo Method
      $1,965,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,960,000
      Retail
      $1,940,000
      Mixed-Use
      $2,000,000
      Hospitality
      $2,280,000
      Educational
      $2,025,000
      Residential Income
      $2,280,000
      Energy
      $1,975,000
      Income-Based Land
      $2,235,000
      Food Service
      $1,930,000

    Location Insight

    • Map
    • Local Demand
    City
    Lincoln
    County
    Lancaster
    State
    Nebraska
    Longitude
    -96.6385
    Latitude
    40.8145
    CBSA code
    30700
    CBSA name
    LINCOLN, NE METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $40,931
    $522,400
    $1,767,700
    $2,290,100
    -
    $522,400
    $1,767,700
    $2,290,100

    Comparable in this City

    • Value Estimation
      $245,000
      1,200 SF

      1209 Cotner Blvd

      RETAIL STORES (PERSONAL SERVICES) • 1,200 SF
      1209 Cotner Blvd, Lincoln, NE 68505-1837
      View Details
    • Value Estimation by Request
      86,165 SF

      1601 84th St

      RETAIL STORES (PERSONAL SERVICES) • 86,165 SF
      1601 84th St, Lincoln, NE 68505-3012
      View Details
    • Value Estimation by Request
      4,485 SF

      1535 86th St

      RETAIL STORES (PERSONAL SERVICES) • 4,485 SF
      1535 86th St, Lincoln, NE 68505-3717
      View Details
    • Value Estimation by Request
      10,200 SF

      221 66th St

      RETAIL STORES (PERSONAL SERVICES) • 10,200 SF
      221 66th St, Lincoln, NE 68505-2443
      View Details
    • Value Estimation by Request
      26,648 SF

      900 70th St

      RETAIL STORES (PERSONAL SERVICES) • 26,648 SF
      900 70th St, Lincoln, NE 68505
      View Details
    • Value Estimation by Request
      5,824 SF

      1221 Cotner Blvd

      RETAIL STORES (PERSONAL SERVICES) • 5,824 SF
      1221 Cotner Blvd, Lincoln, NE 68505-1879
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      214 SF

      Grocery Anchored Shopping Center For Sale

      Grocery-anchored shopping center with value-add opportunities in Lincoln, Nebraska.
      130 North 66Th Street Cir, Lincoln, NE 68505
      View Details
    • $899,999

      Prime Northeast Lincoln Land

      2.35 Acres, B2 Zoning, $899,999
      2nd Addition Outlot A, Lincoln, NE 68505
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    • $800,000

      Prime Commercial Land on 84th

      0.83 acre commercial land ready for development.
      1721 N 86Th St, Lincoln, NE 68505
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    • $399,000

      Lincoln Commercial Land - 84th & Holdrege

      Prime Commercial Lot, 9,119 sq ft
      1511 86Th St, Lincoln, NE 68505
      View Details
    • $189,500
      0.24 Acres

      Lincoln Commercial Land - 0.24 Acres

      Prime Lincoln location, ready to build.
      471 66Th St, Lincoln, NE 68505
      View Details
    • $295,000

      Commercial Land on Lexington Avenue

      0.27 acre commercial land with shared parking.
      8501 Lexington Ave, Lincoln, NE 68505
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    Similar Nearby for Lease

    • $9 SF/Yr
      2,135 SF

      Lincoln Retail Space Available

      Prime Lincoln retail space, 2,135 sq ft.
      1300 66Th St, Lincoln, NE 68505
      View Details
    • Contact for pricing
      5,000 SF

      Retail Space Available For Lease

      5,000 SF retail space for lease in Lincoln, NE.
      201 N 66Th St, Lincoln, NE 68505
      View Details
    • Contact for pricing
      750 SF

      Salon Space in South Lincoln

      Fully built-out salon space available for lease.
      6031 S 58Th St, Lincoln, NE 68505
      View Details
    • Contact for pricing
      975,000 SF

      Gateway Mall Retail Spaces

      Lincoln, NE: Prime Retail & Restaurant
      6100 O St, Lincoln, NE 68505
      View Details
    • $14 SF/Yr
      6,992 SF

      Lincoln Creative Office Suites

      Modern office/retail spaces available now.
      8320 Northwoods Dr, Lincoln, NE 68505
      View Details
    • $15 SF/Yr
      2,240 SF

      Lincoln Retail Space Available

      Prime Lincoln retail space, 1,877 sq ft available.
      8222 Holdrege St, Lincoln, NE 68505
      View Details
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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