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    0000 L Rd Central City, NE 68826

    For Sale
    $2,200,000

    Residential Lot - Central City, NE

    Type:Single Family Residence
    Lot size:
    71.00 Acres
    Days on Market:
    421
    Last Refresh:
    Dec 9 at 12:06 am

    Property Features for 0000 L Rd

    General Information

    Property type
    Land
    Property subtype
    Single Family Residence
    Standard status
    Active
    APN
    See Addendum
    Exterior features
    Rough Grade, None
    Lot size
    71.00 Acres

    Utilities

    Water front features
    Waterfront
    Water front
    1

    Building Details

    Architectural style
    Other

    Nebraska Realty (402) 491-0100

    Listing agent Jamie North (308) 395-7022

    Listing date Oct 15, 2024

    MLS# 20241920 Listing URL

    Copyright © 2025 Grand Island Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Plotted Lake Community Investment Opportunity

    This investment opportunity features a fully plotted lake community, encompassing 61 +/- acres of subdivided land. The property includes multiple lake lots and out lots, fully engineered and graded according to plans. All necessary HOA documents, county approvals, and permits have been completed. The property is ready for immediate subdivision or can be maintained as a private, buildable lake property. Located approximately 1.5 miles from Central City, Nebraska, and half a mile from the Platte River, this community offers convenient access to local amenities. Property management is available. The seller is a licensed real estate agent with personal interest in all lots and the lake. Investors, builders, and 1031 exchange buyers may find this to be a compelling investment with potential for return on investment.
    Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    HVAC Service

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Central City
    County
    Merrick
    State
    Nebraska
    Longitude
    -98.103927
    Latitude
    41.08972

    Nearby Similar for Sale

    • $225,000
      1,596 SF

      Central City Office Building For Sale

      Commercial office building with frontage and easy access in Central City.
      1105 16Th St, Central City, NE 68826
      View Details

    FAQs

    What type of property is this?
    Land - Investment opportunity: 61 acres of subdivided lake lots.
    Where is this land located?
    The property is located at 0000 L Rd Central City, NE.
    What is the asking price?
    The asking price for this property is $2,200,000.
    What are key features of this property?
    This property features: - Fully plotted and engineered lake community on 61 +/- acres, ready for development or private use.; - All lots are fully engineered, graded to plans, and subdivided.; - All HOA documents, county approvals, and permits are fully completed.
    (308) 395-7022
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    0000 L Rd Central City, NE 68826
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