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    0000 L Rd Central City, NE 68826

    For Sale
    $2,500,000

    61 Acres, Prime Lakefront Land

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 61-acre lakefront property in Merrick County, Nebraska, presents a unique investment opportunity. The land is fully plotted and engineered, with all lots graded and subdivided, ready for immediate development. Complete with HOA documents and all necessary county approvals and permits, this turnkey project offers significant ROI potential. The property features a 35+ acre stocked lake, soft sand beaches, and clear aquifer-fed water, creating a tranquil setting abundant with wildlife. Conveniently located 1.5 miles from Central City, Nebraska, and a half-mile from the Platte River, this development boasts easy access to amenities including a new school and hospital. Lots are designed for walk-out basements with lake views, offering builders diverse options. The property can be developed as a lake community or maintained as a private retreat. All lots have been fully graded and are build-ready. The property includes a full ingress and egress easement with direct access to the Platte River. Asking price is $2,500,000. The property is located at 0000 L Road, Central City, NE 68826.

    Property Features for 0000 L Rd

    General Information

    Property type
    Land
    Lot Size
    2,657,160 SF

    HighLights

    • 61‑acre lakefront property in Merrick County, Nebraska, fully plotted and engineered, ready for immediate development.
    • 35+ acre stocked lake with soft sand beaches and clear aquifer‑fed water.
    • Located 1.5 miles from Central City, Nebraska, and 0.5 miles from the Platte River, near a new school and hospital.
    • All lots are graded, build‑ready, and designed for walk‑out basements with lake views.
    • Includes HOA documents, county approvals, permits, and full ingress/egress easement with Platte River access. Asking price: $2,500,000.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    HVAC Service

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

    Location Insight

    • Map
    • Local Demand
    City
    Central City
    County
    Merrick
    State
    Nebraska
    Longitude
    -98.01031
    Latitude
    41.0802249

    Nearby Comparable

    • $225,000
      1,596 SF

      Central City Office Building For Sale

      Commercial office building with frontage and easy access in Central City.
      1105 16Th St, Central City, NE 68826
      View Details
    • $2,250,000
      425.00 Acres

      Merrick County Land by Platte River

      425-acre land parcel with grazing, recreation, and river access.
      1304 Lone Tree Rd, Central City, NE 68826
      View Details

    Nearby Similar for Sale

    • $225,000
      1,596 SF

      Central City Office Building For Sale

      Commercial office building with frontage and easy access in Central City.
      1105 16Th St, Central City, NE 68826
      View Details

    FAQs

    What type of property is this?
    Land - 61 Acres, Prime Lakefront Land
    Where is this land located?
    The property is located at 0000 L Rd Central City, NE.
    What is the asking price?
    The asking price for this property is $2,500,000.
    What are key features of this property?
    This property features: 61-acre lakefront property in Merrick County, Nebraska, fully plotted and engineered, ready for immediate development.; 35+ acre stocked lake with soft sand beaches and clear aquifer-fed water.; Located 1.5 miles from Central City, Nebraska, and 0.5 miles from the Platte River, near a new school and hospital.
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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
    0000 L Rd Central City, NE 68826
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