4501 70Th StLincoln, NE 68516

Property Details for 4501 70Th St

Year built

1996

Lot size

4.38 AC

Property size (Sq ft)

42,161 SF

Zone code

O3

Property type

Office properties

APN

16-09-248-013-000

APU

1609248013000

Description

This exceptional medical office space, located at 4501 S 70th St, Lincoln, NE 68516, offers multiple tenancy options totaling 2,291 to 15,115 square feet. The property is ideally situated in a high-traffic area of south Lincoln, providing excellent visibility and accessibility for patients. Its convenient location offers immediate proximity to a wide array of amenities, including quick-service and full-service restaurants, a grocery store, and hotels, ensuring convenience for both staff and clients. The building's design and location cater specifically to medical practices, benefiting from strong local demographics. Two spaces are currently available, providing flexibility for practices of varying sizes. This presents a unique opportunity to establish or expand a medical practice in a thriving and well-supported community. The property's strategic placement within a bustling commercial area guarantees high visibility and easy access for patients, contributing to a successful and thriving medical practice. The surrounding area's diverse amenities further enhance the property's appeal, making it an attractive location for both medical professionals and their clientele. Interested parties are encouraged to inquire about available space and lease terms. This is a prime opportunity to secure a well-located medical office space in a rapidly growing area of Lincoln, Nebraska.

• CAP approach

  CAP return

  Valuation

  6%

  $7,788,956

  6.5%

  $7,189,805

  7%

  $6,676,248

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,015,776

  Geo Method

  $3,015,776

• Alternative Use

  Use

  Valuation

  Residential

  $8,915,358

  Hospitality

  $8,166,420

  Educational

  $6,794,366

  Medical

  $7,028,034

  Retail

  $10,569,014

Location Insight

City

Lincoln

County

Lancaster

State

Nebraska

Latitude

40.7675

Longitude

-96.6264

CBSA code

30700

CBSA name

LINCOLN, NE METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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