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    2124 Scott Ave Lincoln, NE 68506

    Sponsored
    For Sale
    $400,000

    Prime Lincoln lots, redevelopment potential.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional redevelopment opportunity encompasses two centrally located lots situated at the intersection of Normal Boulevard and South Street in Lincoln, Nebraska. The combined parcels, identified as 2124 and 2148 Scott Avenue, are offered at an attractive asking price of $400,000. Currently zoned R-2, these properties present significant potential for various commercial ventures. Their prime location within Lincoln, coupled with the existing zoning, makes them highly attractive for developers seeking to capitalize on the city's growth. The land's strategic position offers excellent visibility and accessibility, ensuring high potential for attracting customers and maximizing return on investment. The proximity to other commercial properties and the availability of adjacent lots for sale further enhances the overall appeal and potential for large-scale development projects. This is a rare chance to acquire a substantial land parcel in a thriving Nebraska city, ideal for those seeking a lucrative investment in a high-growth area. Detailed zoning information and development guidelines are readily available upon request. The zip code for this property is 68506, and it is located in Lancaster County. The latitude and longitude coordinates are 40.7910571 and -96.6654617 respectively.

    Property Features for 2124 Scott Ave

    General Information

    Property type
    Land

    HighLights

    • Two centrally located lots in Lincoln, Nebraska, at the intersection of Normal Boulevard and South Street, offered at $400,000.
    • Lots are 2124 and 2148 Scott Avenue, currently zoned R‑2.
    • Prime location in Lincoln offers high visibility and accessibility for commercial development.
    • Proximity to other commercial properties and availability of adjacent lots enhance development potential.
    • Located in Lancaster County, zip code 68506 (40.7910571, -96.6654617).
    Property Profile Location Intelligence

    Current Use by Public Records

    Custom FX LLC ... Corporate Office

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Lincoln
    County
    Lancaster
    State
    Nebraska
    Longitude
    -96.6654617
    Latitude
    40.7910571

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    FAQs

    What type of property is this?
    Land - Prime Lincoln lots, redevelopment potential.
    Where is this land located?
    The property is located at 2124 Scott Ave Lincoln, NE.
    What is the asking price?
    The asking price for this property is $400,000.
    What are key features of this property?
    This property features: Two centrally located lots in Lincoln, Nebraska, at the intersection of Normal Boulevard and South Street, offered at $400,000.; Lots are 2124 and 2148 Scott Avenue, currently zoned R-2.; Prime location in Lincoln offers high visibility and accessibility for commercial development.
    (402) 441-5814
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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
    2124 Scott Ave Lincoln, NE 68506
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