Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    820 S 88Th St Lincoln, NE 68520

    Sponsored
    Picture of Residential land & home lots at S 88Th St 820, Lincoln, NE
    For Sale
    $938,033

    Residential - Lincoln, NE

    Lot size:
    0.31 Acres
    Days on Market:
    4
    Last Refresh:
    Feb 20 at 8:06 pm

    Property Features for 820 S 88Th St

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    17-26-344-002-000
    Lot size
    0.31 Acres

    Taxes and HOA fees

    Expense value
    150
    Expense
    Home Owner Assessments Fee
    Expense freq.
    Annually

    Building Details

    Architectural style
    Other
    BuilderName
    Highlander Construction

    We can help!

    Listing Contact
    Taylor Wyatt

    Nebraska Home Sales (402) 489-9071

    Listing agent Taylor Wyatt (402) 489-9071

    Listing date Feb 17, 2026

    MLS# 22604408 Listing URL

    Copyright © 2026 Great Plains Regional MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Residential Lot in White Horse

    This residential lot, situated in the White Horse neighborhood, offers an opportunity to build a custom home. The 0.31-acre lot backs onto mature trees, providing scenic views. Located in Lincoln, Nebraska, the property is within Lancaster County and carries the postal code 68520. The intended use of the property is for residential construction. The buyer will work with Highlander Construction to design and build a home.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Lincoln
    County
    Lancaster
    State
    Nebraska
    Longitude
    -96.601388
    Latitude
    40.82305

    Nearby Similar for Sale

    • $399,000

      Furnished Multi-Family Home, Lincoln

      Turn-key, furnished multi-family home in Southwest Lincoln.
      7231 S 30Th Pl, Lincoln, NE 68516
      View Details
    • $1,145,000

      Lincoln Multifamily Investment Opportunity

      18-unit apartment building near downtown Lincoln and UNL City Campus.
      1403 E St, Lincoln, NE 68508
      View Details
    • $239,900

      Lincoln Multifamily Investment Opportunity

      Fully rented multifamily property near downtown Lincoln and Memorial Stadium.
      832 Garfield St, Lincoln, NE 68502
      View Details
    • $249,900

      Three Single Family Homes Parcel

      Three single-family homes on one parcel in Lincoln, Nebraska.
      916 N 8Th St, Lincoln, NE 68508
      View Details
    • $650,000

      Lincoln Multifamily Investment Opportunity

      Multifamily property with eight units in central Lincoln.
      2410 South St, Lincoln, NE 68502
      View Details
    • $685,000

      Remodeled Multifamily Investment Property

      Six-unit multifamily building with updated interiors and reliable cash flow.
      349 S 26Th St, Lincoln, NE 68510
      View Details
    • $650,000
      49.95 Acres

      Farmland Available Near Lincoln

      49.95 acres of farmland and pasture near Lincoln, Nebraska.
      SW 140Th St, Lincoln, NE 68528
      View Details
    • $685,000

      Remodeled 6-Unit Multifamily Investment

      Turnkey 6-unit multifamily property with modernized units and reliable rentability.
      335 S 26Th St, Lincoln, NE 68510
      View Details
    • $1,240,886

      Updated 14-Unit Multiplex in Lincoln

      Updated 14-unit multiplex near downtown Lincoln, great investment opportunity.
      700 S 17Th St, Lincoln, NE 68508
      View Details
    • $312,000
      1,904 SF

      Lincoln Quadplex Near University

      Well-maintained, two-story, four-unit property near university campuses.
      2726 W St, Lincoln, NE 68503
      View Details
    • $325,000

      South Lincoln Duplex For Sale

      Well-maintained duplex in South Lincoln, fully rented and conveniently located.
      3900 Sweetbriar Ln, Lincoln, NE 68516
      View Details
    • $325,000

      South Lincoln Duplex For Sale

      Well-maintained duplex in South Lincoln near shopping, dining, and entertainment.
      3920 Sweetbriar Ln, Lincoln, NE 68516
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Nature lot in White Horse neighborhood to build dream home.
    Where is this residential land & home lot located?
    The property is located at 820 S 88Th St Lincoln, NE.
    What is the asking price?
    The asking price for this property is $938,033.
    What are key features of this property?
    This property features: - Opportunity to build a custom dream home in the sought-after White Horse neighborhood.; - Nature lot backing to mature trees, offering peace and scenic views.; - Work with Highlander Construction, known for quality craftsmanship and integrity.
    (402) 440-0224
    Request Owner's contact information
    820 S 88Th St Lincoln, NE 68520
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    820 S 88Th St
    Lincoln, NE 68520
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    820 S 88Th St Lincoln, NE 68520
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Taylor Wyatt
    (402) 440-0224 (402) 489-9071 (402) 328-0200
    Learn more
    Google sign-in failed. Please try again or use another login method.