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    8763 SW 98th St Denton, NE 68339

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    Claim this Listing
    For Sale
    $2,500,000

    Farm/Estate, Ranch - Denton, NE

    Type:Farm
    Property size:
    1,579 SF
    Lot size:
    59.98 Acres
    Added:
    Jan 1, 2026
    Days on Market:
    106
    Last Refresh:
    Apr 17 at 2:06 am

    Property Features for 8763 SW 98th St

    General Information

    Property type
    Farm
    Property subtype
    Farm
    Bedrooms
    3
    Bathrooms
    3
    Rooms
    Bathroom 1, Bathroom 2, Bathroom 3, Bedroom 1, Bedroom 2, Bedroom 3, Living Room
    Parking features
    Garage, Garage - Attached
    Standard status
    Active
    Size
    1,579 SF
    Lot size
    59.98 Acres

    Taxes and HOA fees

    Tax Annual Amount
    0

    Utilities

    Heating system
    Propane (Heating)
    Cooling system
    Central Air

    Building Details

    Year built
    1994
    Year renovated
    1994
    Building materials
    Brick
    Architectural style
    Ranch

    We can help!

    Listing Contact
    Charles Baum

    Listing agent Charles Baum

    Listing office American Legacy Land Company 17117 Burt St., Omaha, NE

    Listing date Jan 1, 2026

    MLS# 11624077 Listing URL

    Copyright © 2026 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

    Lancaster County Ranch and Estate

    This 60-acre property is located in rural Lancaster County, Nebraska, minutes from the city of Lincoln. The ranch includes 40 acres of pasture with drainage. Livestock facilities feature heavy-duty sucker rod pens and automatic livestock waters. There are indoor and outdoor riding arenas suitable for horses, along with six outbuildings for hay storage and equipment. The property is fenced and set up for livestock. A white three-rail polypropylene fence is located on the north side of the house. The brick ranch home includes three bedrooms and 3.5 bathrooms with living areas. The home has a new roof and an outdoor entertainment area with an above-ground pool. Additional features include two heated shops with concrete floors. A well provides water, and a small pond north of the arena holds water. There are additional build sites. The property offers income potential through its horse and livestock facilities, hay storage, and location for agricultural production. It is located off a paved blacktop road, ensuring year-round access, and is 15 minutes from Lincoln, Nebraska. This turnkey property is set up for any livestock operation.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Ranches

    Map

    City
    Denton
    County
    Lancaster
    State
    Nebraska
    Longitude
    -96.857182
    Latitude
    40.724096

    FAQs

    What type of property is this?
    Farm - 60-acre ranch near Lincoln with home and livestock facilities.
    Where is this farm located?
    The property is located at 8763 SW 98th St Denton, NE.
    What is the asking price?
    The asking price for this property is $2,500,000.
    What are key features of this property?
    This property features: 60‑acre ranch in Lancaster County, offering a peaceful rural lifestyle, only 15 minutes from Lincoln.; Well‑equipped livestock facilities, including heavy‑duty pens, automatic waters, indoor/outdoor riding arenas, and 6 outbuildings.; Income potential through horse/livestock facilities and agricultural production.
    (308) 991-9544
    We can help!
    Listing Contact
    Charles Baum
    Learn More
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    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
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