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    8440 Andermatt Dr Lincoln, NE 68526

    For Sale
    $1,301,573

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

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional 1.66-acre commercial land parcel, located at 8440 Andermatt Drive in Lincoln, Nebraska, presents a unique investment opportunity. Situated near the intersection of 84th and Nebraska Parkway, this property boasts unparalleled visibility and accessibility, with a remarkable daily traffic count exceeding 40,000 vehicles. The site is ideally positioned within a thriving commercial area anchored by established businesses 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 attracting a diverse customer base. This versatile land is suitable for a variety of commercial uses, including retail, industrial, multifamily, and office developments. 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 associated with natural disasters. The asking price for this prime commercial land is $1,301,573. This is a rare opportunity to acquire a high-traffic, high-visibility location in a rapidly growing area of Lincoln. Don't miss out on this chance to secure a prominent position in a thriving commercial corridor. The property is zoned for commercial use and is ready for immediate development.

    Property Features for 8440 Andermatt Dr

    General Information

    Property type
    Land
    Lot Size
    72,310 SF

    HighLights

    • $1,301,573 asking price for 1.66 acres of commercial land.
    • Located at 8440 Andermatt Dr, Lincoln, NE 68526.
    • High‑visibility pad site with 40,000 daily vehicle traffic count near 84th and Nebraska Parkway.
    • Suitable for retail, industrial, multifamily, or office development.
    • No impact fees (excludes Lots A & I).
    • Located outside the floodplain.
    Property Profile Insight Report 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
    -96.603329
    Latitude
    40.7384259

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    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 8440 Andermatt Dr Lincoln, NE.
    What is the asking price?
    The asking price for this property is $1,301,573.
    What are key features of this property?
    This property features: $1,301,573 asking price for 1.66 acres of commercial land.; Located at 8440 Andermatt Dr, Lincoln, NE 68526.; High-visibility pad site with 40,000 daily vehicle traffic count near 84th and Nebraska Parkway.
    Request Owner's contact information
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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
    8440 Andermatt Dr Lincoln, NE 68526
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