Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    7920 87Th St Lincoln, NE 68526

    Sponsored
    For Sale
    $653,400

    Prime commercial land, high visibility, 40,000 daily traffic count.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 0.75-acre commercial land parcel, located at 7920 S 87th St, Lincoln, NE 68526, presents a unique investment opportunity. Situated in a high-traffic area near the intersection of 84th and Nebraska Parkway, this property boasts impressive daily traffic counts exceeding 40,000 vehicles. The site is ideally positioned within the Prairie Lake development, benefiting from the presence of established anchor tenants 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 drawing increased foot traffic. This versatile land 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 potential risks. The asking price for this prime commercial land is $653,400. This is a rare opportunity to acquire a highly visible and strategically located parcel in a rapidly growing area. Don't miss out on this chance to establish your business in a thriving commercial hub.

    Property Features for 7920 87Th St

    General Information

    Property type
    Land
    Lot Size
    32,670 SF

    HighLights

    • $653,400 asking price for 0.75 acres of commercial land.
    • Located at 7920 S 87th St, Lincoln, NE 68526.
    • High‑visibility pad site near 84th and Nebraska Parkway with 40,000 daily vehicle traffic count.
    • Suitable for retail, industrial, multifamily, or office uses.
    • No impact fees (excluding Lots A & I), located outside the floodplain.
    • Strong anchor tenants include Walmart, Sam's Club, and Menards; future tenants include Rocket Car Wash, Taco Inn, and Home Federal Savings & Loan.
    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

    Nearby Similar for Sale

    • $1,195,000

      Lincoln Multifamily Investment Opportunity

      Classic 18-unit apartment building near downtown Lincoln and UNL campus.
      1403 E St, Lincoln, NE 68508
      View Details
    • $185,000

      Updated Multi-Family Home

      Renovated duplex ideal for investment or multi-generational living.
      840 N 29Th St, Lincoln, NE 68503
      View Details
    • $239,900

      Lincoln Multifamily Investment Opportunity

      Fully rented multifamily property near downtown Lincoln and Memorial Stadium.
      832 Garfield St, Lincoln, NE 68502
      View Details
    • $1,900,000

      Lincoln Multi-Family Townhome Portfolio

      Well-maintained 7-unit townhome portfolio in Northwest Lincoln.
      239 W Irving St, Lincoln, NE 68521
      View Details
    • $249,900

      Three Single Family Homes Parcel

      Three single-family homes on one parcel in Lincoln, Nebraska.
      916 N 8Th St, Lincoln, NE 68508
      View Details
    • $685,000

      Remodeled Multifamily Investment Property

      Six-unit multifamily building with updated interiors and reliable cash flow.
      349 S 26Th St, Lincoln, NE 68510
      View Details
    • $685,000

      Remodeled 6-Unit Multifamily Investment

      Turnkey 6-unit multifamily property with modernized units and reliable rentability.
      335 S 26Th St, Lincoln, NE 68510
      View Details
    • $1,240,886

      Updated 14-Unit Multiplex in Lincoln

      Updated 14-unit multiplex near downtown Lincoln, great investment opportunity.
      700 S 17Th St, Lincoln, NE 68508
      View Details
    • $312,000
      1,904 SF

      Lincoln Quadplex Near University

      Well-maintained, two-story, four-unit property near university campuses.
      2726 W St, Lincoln, NE 68503
      View Details
    • New
      $850,000

      Lincoln Multi-Family Investment Opportunity

      Well-maintained 10-plex in prime location with immediate cash flow.
      611 S 20Th St, Lincoln, NE 68510
      View Details
    • $449,000

      Lincoln Brick Multi-Family Property

      Four-unit property with garages and on-site laundry.
      2930 N St, Lincoln, NE 68510
      View Details
    • $3,995,000
      27,390 SF

      Premium Industrial Facility For Sale

      High-quality industrial facility with manufacturing, office, and storage space.
      5401 Alvo Rd, Lincoln, NE 68514
      View Details

    FAQs

    What type of property is this?
    Land - Prime commercial land, high visibility, 40,000 daily traffic count.
    Where is this land located?
    The property is located at 7920 87Th St Lincoln, NE.
    What is the asking price?
    The asking price for this property is $653,400.
    What are key features of this property?
    This property features: $653,400 asking price for 0.75 acres of commercial land.; Located at 7920 S 87th St, Lincoln, NE 68526.; High-visibility pad site near 84th and Nebraska Parkway with 40,000 daily vehicle traffic count.
    Request Owner's contact information
    7920 87Th St Lincoln, NE 68526
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    7920 87Th St
    Lincoln, NE 68526
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.