4820 Cornhusker Hwy Lincoln, NE 68504-1421
- Commercial real estate
- 2,440 SF
- 1.40 lot acres
Current Use by Public Records
- B & D Auto Sales Inc / Car Dealer
- B&D Auto Service / Oil Change Service / Tire Shop
Property Details for 4820 Cornhusker Hwy
- Year built
- 1955
- Lot size
- 1.40 lot acres
- Property size
- 2,440 SF
- Zone code
- H3
- Property type
- Commercial real estate
- APN
- 17-08-222-002-000
- APU
- 1708222002000
Description
This exceptional 1.4-acre commercial land parcel presents a remarkable investment opportunity in Lincoln, Nebraska. Strategically located on the northeast corner of N. 48th Street and Cornhusker Highway (address: 4820 Cornhusker Hwy, Lincoln, NE 68504), this property boasts unparalleled visibility and accessibility. The high-traffic intersection ensures maximum exposure for any commercial venture. The lot is zoned H-3 (Highway Commercial), offering flexibility for a wide range of commercial and industrial uses. This zoning designation allows for diverse development possibilities, catering to various business needs. With an APN of 17-08-222-002-000, this property is ready for immediate development. The asking price is $1,900,000. Its prime location, combined with its generous size and flexible zoning, makes this an exceptional opportunity for investors seeking a high-impact commercial investment in a thriving Nebraska market. The property's convenient access to both N. 48th Street and Cornhusker Highway further enhances its appeal, ensuring easy access for customers and employees. Don't miss this chance to acquire a highly visible and strategically located commercial property in a rapidly growing area.
Value Estimations
-
AI approach
- Method
- Estimation
- ML approach
- $365,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $495,000
- 6.5%
- $455,000
- 7%
- $425,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $395,000
- AI Estimate
- $291,000
Market price range: $192k - $395kMarket price range: $96.2k - $291k
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Location Insight
- Map
- Local Demand
- City
- Lincoln
- County
- Lancaster
- State
- Nebraska
- Longitude
- -96.6529
- Latitude
- 40.853
- CBSA code
- 30700
- CBSA name
- LINCOLN, NE METROPOLITAN STATISTICAL AREA