Property details
About 345 N 23rd St
This property has a 99 year ground lease in place which began July 1, 2021. The lease is an absolute NNN, with no landlord responsibilities or expenses. The monthly rent July 1, 2025 is $1585.14. The annual rental increases are 2%, or the consumer price index, whichever is greater. The property is improved with a $3,750,000 mixed use building that includes retail and housing. The price is based on a cap rate of 6, which is excellent for a ground lease with rate bumps. Typical rate bumps are at 5-10 year increments and are annual and compounding. Offers will require a three week response time to an RFR. The property itself is free and clear, and not subject to any debt on the improvements.
Highlights
(0)
Summary
- List Price: $317,028
- Annual Tax Amount: $1,068
- Tax Year: 2024
- Lot: Corner Lot, Level
- Directions: North of O Street on 23rd
- Year Built: 2025
- MLS Number: 22517485
- Office Name: Woods Bros Realty
- Office Phone: (402) 434-3500
- Listing Agent: Joseph A. Mara
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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/21/2025, 12:45:30 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
Year | Assessment | Property Tax |
---|---|---|
2024 | $59,800 | $1,068 |
History based on county public records data.
Nearby schools
2
Lakeview Elementary School
Public District PK-5
0.8 mi
•300 Capitol Beach Blvd
4
Roper Elementary School
Public District PK-5
1.8 mi
•2323 S Coddington Ave
5
West Lincoln Elementary School
Public District KG-5
2.0 mi
•630 W Dawes Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $44,504. The majority of Lincoln, NE residents have income less than $<35k annually. The majority of families are single, no kids. Typical level of education for residents in this area is post secondary degree.
Frequently asked questions
About 345 N 23rd St
The listing price of 345 N 23rd St property is $317,028.
The property 345 N 23rd St is land located in Lincoln, Nebraska, 68503.
Active Listing: 345 N 23rd St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 345 N 23rd St are: Lakeview Elementary School (GreatSchools Rating 2/10), Roper Elementary School (GreatSchools Rating 4/10), West Lincoln Elementary School (GreatSchools Rating 5/10), Park Middle School (GreatSchools Rating 2/10), Goodrich Middle School (GreatSchools Rating 2/10), Irving Middle School (GreatSchools Rating 3/10), University of Nebraska High School (GreatSchools Rating 1/10), Lincoln High School (GreatSchools Rating 2/10), Southeast High School (GreatSchools Rating 4/10).
According to the records, the last property tax for 2024 is $1,068 (source: MLS/based on county public records data).
The year of construction for 345 N 23rd St is 2025.
This home is located at 345 N 23rd St in Lincoln, NE and zip code 68528 in the Western Pines Estates neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since June 25, 2025 and is currently priced at $317,028.
In June 2025, from all listings sold in Lincoln, NE there were more than 105 sold above asking price, over 126 sold below and more than 104 were sold right at the asked price. In June 2025 in Lincoln, NE there were 27.9% more homes for sale than in May. In June 2025, listings were on the market for 13 days. During the same period, the median list price in this real estate market was $310,000.