1201 Q StLincoln, NE 68508

  • Retail space
  • 10,582 SF

Property Details for 1201 Q St

Year built
1910
Lot size
0.16 AC
Property size (Sq ft)
10,582 SF
Zone code
B4
Property type
Retail space
APN
10-23-425-002-001
APU
1023425002001

Description

This exceptional retail property, located at 1201 Q Street in Lincoln, Nebraska (zip code 68508), offers multiple spaces ideal for a variety of businesses. The property boasts a highly desirable location adjacent to the University of Nebraska-Lincoln, ensuring high foot traffic and convenient access for students and staff. Four individual spaces are currently available, ranging in size from a comfortable 1,056 square feet to a substantial 3,256 square feet. The flexible space allows for customization to suit diverse business needs, whether it's a small boutique, a larger office space, or a combination thereof. This prime location benefits from the proximity to the Lied Center, further enhancing visibility and attracting a diverse clientele. The property's strategic placement near the university guarantees a consistent flow of potential customers, making it an attractive investment for businesses seeking a vibrant and established market. The multiple tenancy option provides flexibility for businesses of varying sizes and requirements, creating a synergistic environment. This is a rare opportunity to secure a well-situated retail space in a thriving area of Lincoln, Nebraska. Contact us today to learn more about leasing options and availability.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $3,073,068
    6.5%
    $2,836,678
    7%
    $2,634,058
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,907,465
    Geo Method
    $1,907,465
  • Alternative Use

    Use
    Valuation
    Residential
    $2,392,844
    Hospitality
    $2,191,832
    Educational
    $1,823,579
    Medical
    $1,886,294
    Retail
    $2,836,678

Location Insight

City
Lincoln
County
Lancaster
State
Nebraska
Latitude
40.8155
Longitude
-96.7036
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
$34,053
$319,100
$1,586,200
$1,905,300
-
$319,100
$1,586,200
$1,905,300

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].