3270 Folkways BlvdLincoln, NE 68504

  • Office properties
  • 19,518 SF
For Lease
$14/SF/YR View listing

Property Details for 3270 Folkways Blvd

Year built
2003
Lot size
1.66 AC
Property size (Sq ft)
19,518 SF
Zone code
I3
Property type
Office properties
APN
17-06-207-003-000
APU
1706207003000

Description

This exceptional 3,279 square foot Class A office suite, located at 3270 Folkways Blvd, Lincoln, NE 68504, is situated in the Sandstone Building, Suite 200. Built in 2003, this two-story building offers a single-tenant occupancy in a highly desirable location. The suite boasts a modern, open floor plan with floor-to-ceiling windows providing abundant natural light. High-end interior finishes create a sophisticated and professional atmosphere. The space includes executive office space and additional area suitable for training or other business needs. The ceiling height is 12 feet, offering a spacious feel. The property is zoned I-3 and has an APN of 17-06-207-003-000. Its convenient location provides easy access to Lincoln Airport (LNK), the University of Nebraska-Lincoln (UNL) campus, and Interstate 80. The estimated monthly cost is $5,347.50, which includes NNN expenses at a rate of $5.57 per square foot, plus utilities. The cross street is N 33rd St. This property represents a unique opportunity for a business seeking a high-quality, well-located office space in Lincoln, Nebraska.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $3,856,330
    6.5%
    $3,559,690
    7%
    $3,305,426
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,396,122
    Geo Method
    $1,396,122
  • Alternative Use

    Use
    Valuation
    Residential
    $4,414,015
    Hospitality
    $4,043,214
    Educational
    $3,363,906
    Medical
    $3,479,596
    Retail
    $5,232,744
3270 Folkways Blvd, Lincoln, Nebraska

Location Insight

City
Lincoln
County
Lancaster
State
Nebraska
Latitude
40.8658
Longitude
-96.6703
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
$36,096
$271,900
$1,747,700
$2,019,600
-
$271,900
$1,747,700
$2,019,600

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