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    8975 Andermatt Dr Lincoln, NE 68526

    For Sale
    $2,476,386

    Prime Lincoln land, high visibility, near major retailers.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 3.79-acre commercial land parcel, located at 8975 Andermatt Drive in Lincoln, Nebraska (zip code 68526), presents a unique investment opportunity. Situated in a high-traffic area near the intersection of 84th and Nebraska Parkway, this property boasts daily traffic counts exceeding 40,000 vehicles, ensuring maximum visibility for any development. The land is part of the Prairie Lake development, benefiting from the presence of established anchor tenants such as Walmart, Sam's Club, and Menards. Future additions to the area include Rocket Car Wash, Taco Inn, and Home Federal Savings & Loan, further enhancing the location's appeal and potential for growth. This versatile site is suitable for a variety of commercial uses, including retail, industrial, multifamily, and office spaces. A significant advantage is the absence of impact fees (excluding Lots A & I). The property is also conveniently located outside of the floodplain, minimizing risk and simplifying development. The asking price for this exceptional commercial land is $2,476,386. This is a rare opportunity to acquire a prime commercial property in a thriving Lincoln location. Don't miss out on this chance to capitalize on the area's robust growth and high visibility.

    Property Features for 8975 Andermatt Dr

    General Information

    Property type
    Land
    Lot Size
    165,092 SF

    HighLights

    • 3.79‑acre commercial land parcel at 8975 Andermatt Drive, Lincoln, NE 68526.
    • High‑traffic location near 84th and Nebraska Parkway, exceeding 40,000 vehicles daily.
    • Located in Prairie Lake development with anchor tenants Walmart, Sam's Club, and Menards; future additions include Rocket Car Wash, Taco Inn, and Home Federal Savings & Loan.
    • Suitable for retail, industrial, multifamily, and office uses.
    • No impact fees (excluding Lots A & I), outside floodplain, asking price $2,476,386.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store 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
    -96.59644
    Latitude
    40.731655

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    FAQs

    What type of property is this?
    Land - Prime Lincoln land, high visibility, near major retailers.
    Where is this land located?
    The property is located at 8975 Andermatt Dr Lincoln, NE.
    What is the asking price?
    The asking price for this property is $2,476,386.
    What are key features of this property?
    This property features: 3.79-acre commercial land parcel at 8975 Andermatt Drive, Lincoln, NE 68526.; High-traffic location near 84th and Nebraska Parkway, exceeding 40,000 vehicles daily.; Located in Prairie Lake development with anchor tenants Walmart, Sam's Club, and Menards; future additions include Rocket Car Wash, Taco Inn, and Home Federal Savings & Loan.
    Request Owner's contact information
    8975 Andermatt Dr Lincoln, NE 68526
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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
    8975 Andermatt Dr Lincoln, NE 68526
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