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    8985 Andermatt Dr Lincoln, NE 68526

    Sponsored
    For Sale
    $2,084,346

    Prime commercial land, high visibility, near major retailers.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    395
    This exceptional 3.19-acre commercial land parcel, located at 8985 Andermatt Drive in Lincoln, Nebraska (68526), presents a unique investment opportunity. Situated in a high-traffic area near the intersection of 84th and Nebraska Parkway, boasting a daily traffic count of 40,000 vehicles, this property offers unparalleled visibility. The site is ideally positioned within a thriving commercial district anchored by established businesses such as Walmart, Sam's Club, and Menards. Future development plans include the addition of Rocket Car Wash, Taco Inn, and Home Federal Savings & Loan, further enhancing the area's appeal and potential. This versatile land is suitable for a variety of commercial uses, including retail, industrial, multifamily, and office developments. Key advantages include its location outside the floodplain and the absence of impact fees (excluding Lots A & I). The property's strategic location and high visibility make it an exceptional investment for developers seeking a prime location in a rapidly growing area of Lincoln. The asking price for this exceptional opportunity is $2,084,346. Don't miss this chance to secure a prominent position in a thriving commercial corridor.

    Property Features for 8985 Andermatt Dr

    General Information

    Property type
    Land
    Lot Size
    138,956 SF

    HighLights

    • $2,084,346 asking price for 3.19 acres of commercial land.
    • Located at 8985 Andermatt Dr, Lincoln, NE 68526.
    • High‑visibility pad sites near 84th and Nebraska Parkway with 40,000 daily vehicle traffic count.
    • Suitable for retail, industrial, multifamily, and office uses.
    • No impact fees (excluding Lots A & I).
    • Located outside the floodplain.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair 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
    -96.595268
    Latitude
    40.731626

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    FAQs

    What type of property is this?
    Land - Prime commercial land, high visibility, near major retailers.
    Where is this land located?
    The property is located at 8985 Andermatt Dr Lincoln, NE.
    What is the asking price?
    The asking price for this property is $2,084,346.
    What are key features of this property?
    This property features: $2,084,346 asking price for 3.19 acres of commercial land.; Located at 8985 Andermatt Dr, Lincoln, NE 68526.; High-visibility pad sites near 84th and Nebraska Parkway with 40,000 daily vehicle traffic count.
    Request Owner's contact information
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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
    8985 Andermatt Dr Lincoln, NE 68526
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