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    0000 West 1St St Lincoln, NE 68512

    For Sale
    $4,720,000

    Vacant Land - Lincoln, NE

    Lot size:
    118.00 Acres
    Days on Market:
    146
    Last Refresh:
    Dec 6 at 11:06 am

    Property Features for 0000 West 1St St

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Parking features
    Garage
    Lot size
    118.00 Acres

    Building Details

    Architectural style
    Other

    American Legacy Land Company (308) 991-9544

    Listing agent Robert Osborne (308) 991-9544

    Listing date Jul 14, 2025

    MLS# 11535584 Listing URL

    Copyright © 2025 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Lincoln Development Land Opportunity

    This development property, located at West Rokeby Rd & South 1st Street in Southwest Lancaster County, encompasses 118 acres of gently rolling terrain. The location aligns with the Lincoln/Lancaster County 2050 Comprehensive Plan. Situated 1.7 miles south of the new casino and horse track and 1 mile north of Saltillo Rd, it offers convenient access to Highway 77, Highway 2, and Interstate 80, which is 7.5 miles north. Downtown Lincoln is just minutes away, as are grocery stores, convenience stores, hardware stores, restaurants, and sports bars. The property's proximity to the Haymarket area and downtown events enhances its appeal for future homeowners, acreage development, or commercial development. Potential residents would have access to outdoor activities, with the Yankee Hill Wildlife Management Area 3 miles away and the Bluestem Dam Site 8 miles away. This property offers outdoor activities, privacy, less traffic, and close proximity to downtown Lincoln activities.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Realty agency Restaurant Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Nail Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Lincoln
    County
    Lancaster
    State
    Nebraska
    Longitude
    -96.72499
    Latitude
    40.70942

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    FAQs

    What type of property is this?
    Land - 118-acre development property near casino, racetrack, and downtown Lincoln.
    Where is this land located?
    The property is located at 0000 West 1St St Lincoln, NE.
    What is the asking price?
    The asking price for this property is $4,720,000.
    What are key features of this property?
    This property features: - Development property in Southwest Lancaster County, aligning with the Lincoln/Lancaster County 2050 Comprehensive Plan.; - Expansive 118 +/- acres of gently rolling terrain.; - Just 1.7 miles south of the New Casino & Horse Track.
    (308) 991-9544
    Request Owner's contact information
    0000 West 1St St Lincoln, NE 68512
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    Lincoln, NE 68512
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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 West 1St St Lincoln, NE 68512
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