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    1511 86Th St Lincoln, NE 68505

    For Sale
    $399,000

    Prime Commercial Lot, 9,119 sq ft

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 9,119 square foot commercial lot is ideally situated at the corner of 84th and Holdrege Streets in Lincoln, Nebraska, offering unparalleled visibility and accessibility. Located at 1511 N 86th St, Lincoln, NE 68505, this property presents a remarkable opportunity for developers and investors seeking a prime location for retail or office development. The asking price is $399,000. The lot's size and prominent corner location make it highly suitable for a variety of commercial ventures. Furthermore, the possibility of combining this lot with the adjacent property at 1521 N 86th St allows for the construction of a building up to 10,000 square feet, significantly expanding development potential. This presents a unique chance to create a substantial commercial presence in a thriving Lincoln neighborhood. The property is zoned for commercial use and is ready for immediate development. Its strategic location ensures high traffic volume and excellent exposure, making it an attractive investment for businesses seeking a strong foothold in the Lincoln market. Don't miss this chance to acquire a prime piece of Lincoln commercial real estate.

    Property Features for 1511 86Th St

    General Information

    Property type
    Land

    HighLights

    • 9,119 square foot commercial lot in Lincoln, Nebraska.
    • Located at 1511 N 86th St, Lincoln, NE 68505.
    • Asking price: $399,000.
    • Corner lot with high visibility and accessibility.
    • Potential to combine with adjacent lot (1521 N 86th St) for up to 10,000 square foot development.
    • Zoned for commercial use and ready for immediate development.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lincoln
    County
    Lancaster
    State
    Nebraska
    Longitude
    -96.604983720647
    Latitude
    40.828403947109

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    FAQs

    What type of property is this?
    Land - Prime Commercial Lot, 9,119 sq ft
    Where is this land located?
    The property is located at 1511 86Th St Lincoln, NE.
    What is the asking price?
    The asking price for this property is $399,000.
    What are key features of this property?
    This property features: 9,119 square foot commercial lot in Lincoln, Nebraska.; Located at 1511 N 86th St, Lincoln, NE 68505.; Asking price: $399,000.
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    Lincoln, NE 68505
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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
    1511 86Th St Lincoln, NE 68505
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