2900 O StLincoln, NE 68510

  • Office properties
  • 17,309 SF
For Lease
$8/SF/YR View listing

Property Details for 2900 O St

Year built
1988
Lot size
1.25 AC
Property size (Sq ft)
17,309 SF
Zone code
B1
Property type
Office properties
APN
17-19-333-021-000
APU
1719333021000

Description

This 17,432 square foot, two-story Class B office building at 2900 O Street in Lincoln, Nebraska, offers a unique opportunity. Currently fully vacant, the property features 3 suites, divisible to a minimum of 3,000 square feet and a maximum contiguous space of 8,716 square feet. Built in 1988, the building boasts 99 parking spaces, an elevator, and is zoned B-1. The second floor is divided into two sections, one with an open layout, offices, and a kitchen, and the other with private offices, conference rooms, and a kitchen. The ground floor includes a common area, kitchen, vending area, and ample space. Amenities include stairwells on both sides of the building, restrooms on each floor, a water fountain, and a company directory in the lobby. Prominent signage on O Street (US-34) provides excellent brand visibility. The building's central Lincoln location offers easy access to I-80, US-77, and NE-2, along with public transportation and nearby parks. The property includes wet sprinklers and a finished lower level. The Lancaster County APN is 17-19-333-021-000.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $3,419,636
    6.5%
    $3,156,587
    7%
    $2,931,116
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,238,113
    Geo Method
    $1,238,113
  • Alternative Use

    Use
    Valuation
    Residential
    $3,914,168
    Hospitality
    $3,585,356
    Educational
    $2,982,974
    Medical
    $3,085,564
    Retail
    $4,640,182

Location Insight

City
Lincoln
County
Lancaster
State
Nebraska
Latitude
40.8144
Longitude
-96.6791
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
$40,786
$585,000
$1,697,000
$2,282,000
-
$585,000
$1,697,000
$2,282,000

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