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    8501 Lexington Ave Lincoln, NE 68505

    Sponsored
    For Sale
    $295,000

    Prime 0.27-acre pad site, B-2 zoning.

    Property size:
    8,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    398
    This exceptional 0.27-acre commercial land parcel, located at 8501 Lexington Ave in Lincoln, Nebraska (zip code 68505), presents a unique investment opportunity. Priced at $295,000, this property boasts 8,000 square feet and is zoned B-2, making it ideal for a variety of commercial uses. The site features a pre-existing drive-thru lane, a significant advantage for businesses such as fast-food restaurants or drive-thru pharmacies. Its strategic location at the intersection of 85th and Lexington offers excellent visibility and convenient access, further enhanced by its proximity to the 84th and Lexington intersection. The property's APN is 1714302009000. This is a rare opportunity to acquire a well-situated commercial lot in a thriving area of Lincoln, offering significant potential for growth and return on investment. The price per square foot is $36.88. Don't miss this chance to secure a prime location for your next commercial venture. The land is situated in Lancaster County.

    Property Features for 8501 Lexington Ave

    General Information

    Property type
    Land
    Square Feet
    8,000 SF
    Lot Size
    11,761 SF

    HighLights

    • $295,000 asking price.
    • 0.27‑acre commercial land parcel.
    • 8,000 square feet, $36.88 per square foot.
    • B‑2 zoning.
    • Located at 8501 Lexington Ave, Lincoln, NE 68505.
    • Suitable for fast food, drive‑thru pharmacy, or other retail/office uses.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Lincoln
    County
    Lancaster
    State
    Nebraska
    Longitude
    -96.604487
    Latitude
    40.830968

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    FAQs

    What type of property is this?
    Land - Prime 0.27-acre pad site, B-2 zoning.
    Where is this land located?
    The property is located at 8501 Lexington Ave Lincoln, NE.
    What is the asking price?
    The asking price for this property is $295,000.
    What are key features of this property?
    This property features: $295,000 asking price.; 0.27-acre commercial land parcel.; 8,000 square feet, $36.88 per square foot.
    (402) 467-2525
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    8501 Lexington Ave Lincoln, NE 68505
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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
    8501 Lexington Ave Lincoln, NE 68505
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