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    7920 87Th St Lincoln, NE 68526

    Sponsored
    For Lease
    $20 SF/Yr

    Prime Lincoln land, high visibility, near major retailers

    Lot size:
    32,670 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 1-acre commercial lot, identified as Lot G at 7920 S 87th Street in Lincoln, Nebraska (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 site is part of the Prairie Lake development, a thriving mixed-use area anchored by established businesses 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 single-tenant lot is located outside the floodplain and offers the advantage of no impact fees (excluding Lots A & I). Its versatility allows for a range of commercial uses, including retail, industrial, multifamily, or office space development. The property's prime location and surrounding amenities make it an ideal choice for businesses seeking high visibility and strong potential for return on investment. This is a rare opportunity to secure a prominent location in a rapidly growing commercial area of Lincoln, Lancaster County, Nebraska.

    Property Features for 7920 87Th St

    General Information

    Property type
    Land
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    32,670 SF

    Unit(s) available at that property

    Space
    Size
    32,670 SF
    Rate per SF
    $20

    HighLights

    • 1‑acre commercial lot (Lot G) at 7920 S 87th Street, Lincoln, NE (68526).
    • High‑traffic location near 84th & Nebraska Parkway, exceeding 40,000 vehicles daily.
    • Part of Prairie Lake development, anchored by Walmart, Sam's Club, and Menards; future development includes Rocket Car Wash, Taco Inn, and Home Federal Savings & Loan.
    • Single‑tenant lot, outside floodplain, no impact fees (excluding Lots A & I).
    • Versatile zoning allows for retail, industrial, multifamily, or office development.
    Property Profile 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
    -96.601615
    Latitude
    40.731875

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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 7920 87Th St Lincoln, NE.
    What is the lease rate?
    The lease rate is $20 SF/Yr.
    What are key features of this property?
    This property features: 1-acre commercial lot (Lot G) at 7920 S 87th Street, Lincoln, NE (68526).; High-traffic location near 84th & Nebraska Parkway, exceeding 40,000 vehicles daily.; Part of Prairie Lake development, anchored by Walmart, Sam's Club, and Menards; future development includes Rocket Car Wash, Taco Inn, and Home Federal Savings & Loan.
    Request Owner's contact information
    7920 87Th St Lincoln, NE 68526
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    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
    7920 87Th St Lincoln, NE 68526
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