5555 27Th StLincoln, NE 68512

Property Details for 5555 27Th St

Year built

1979

Lot size

0.84 AC

Property size (Sq ft)

4,976 SF

Zone code

O3

Property type

Office properties

APN

09-12-429-002-000

APU

912429002000

Description

This exceptional South Lincoln property offers a unique build-to-suit opportunity on a 0.84-acre lot (36,590 square feet) zoned for commercial use. The site boasts excellent visibility and convenient access to South 27th Street, featuring a full-movement intersection and convenient right-in/right-out access. The total building space available is 9,000 square feet, divisible into units as small as 1,800 square feet, allowing for flexibility to accommodate various business needs. The property's location in the South Lincoln submarket provides easy access to major thoroughfares and a strong customer base. The APN is 09-12-429-002-000, and the cross street is Old Cheney Road. This build-to-suit option allows for customization to perfectly match your specific business requirements, creating a space tailored to your operational needs. Whether you require a traditional office, medical office, or other commercial space, this property offers the potential for a highly visible and accessible location to establish your business. The property is suitable for multiple tenants. Contact us to discuss potential uses and terms.

• CAP approach

  CAP return

  Valuation

  6%

  $950,970

  6.5%

  $877,818

  7%

  $815,117

• Comparable approach

  Method

  Valuation

  Relative Method

  $355,933

  Geo Method

  $355,933

• Alternative Use

  Use

  Valuation

  Residential

  $1,088,494

  Hospitality

  $997,055

  Educational

  $829,538

  Medical

  $858,067

  Retail

  $1,290,393

Location Insight

City

Lincoln

County

Lancaster

State

Nebraska

Latitude

40.7567

Longitude

-96.6831

CBSA code

30700

CBSA name

LINCOLN, NE METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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