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    5745 Hidcote Dr Lincoln, NE 68516

    Sponsored
    For Sale
    $882,000

    Prime Lincoln land, ideal for mixed-use development.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional commercial land offering in Lincoln, Nebraska, presents a remarkable investment opportunity. Located at 5745 Hidcote Dr, in Lancaster County, zip code 68516, this property is part of the Village Gardens development and comprises two available pad sites. Pad Site B, priced at $882,000, encompasses 8,400 square feet, offering a land value of $75 per square foot. Both Pad Sites A and B are zoned for mixed-use development, allowing for ground-level commercial space and upper-level residential construction. Restrictive covenants limit the maximum number of apartments to 15 units per pad site, across two upper stories. This presents a unique opportunity to create a thriving commercial space with complementary residential units, catering to the growing needs of the Lincoln community. The property's location within Village Gardens offers excellent visibility and accessibility, making it an attractive proposition for a variety of businesses and residents. With its strategic location and flexible zoning, this property is poised for significant growth and return on investment. The precise lot size for each pad site is clearly defined, allowing for precise planning and development. This is a rare opportunity to acquire a well-positioned commercial land parcel in a desirable Lincoln neighborhood.

    Property Features for 5745 Hidcote Dr

    General Information

    Property type
    Land

    HighLights

    • $882,000 asking price for Pad Site B.
    • 8,400 square foot lot.
    • Commercial ground level space.
    • Potential for 15 apartments on the upper two floors (subject to restrictive covenants).
    • Located at 5745 Hidcote Dr, Lincoln, NE 68516.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Lincoln
    County
    Lancaster
    State
    Nebraska
    Longitude
    -96.642319
    Latitude
    40.739283

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    FAQs

    What type of property is this?
    Land - Prime Lincoln land, ideal for mixed-use development.
    Where is this land located?
    The property is located at 5745 Hidcote Dr Lincoln, NE.
    What is the asking price?
    The asking price for this property is $882,000.
    What are key features of this property?
    This property features: $882,000 asking price for Pad Site B.; 8,400 square foot lot.; Commercial ground level space.
    Request Owner's contact information
    5745 Hidcote Dr Lincoln, NE 68516
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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
    5745 Hidcote Dr Lincoln, NE 68516
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