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    84Th St Lincoln, NE 68526

    Sponsored
    For Sale
    $5,950,000

    Prime Development Opportunity: 28 Acres, $5.95M

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    398
    This exceptional 28.33-acre parcel presents a unique investment opportunity in Lincoln, Nebraska's rapidly expanding southeast sector. Zoned AG, this expansive land offers significant potential for both commercial and residential development. Located on a highly visible corner lot at S 84th St, 68526, in Lancaster County, this property boasts convenient proximity to key amenities. It's situated approximately three-quarters of a mile south of Marilyn Moore Middle School and the Copple Family YMCA, ensuring strong community ties and convenient access for future residents and businesses. The asking price is $5,950,000, translating to a land value of $4.85 per square foot. The property's legal description is S27, T9, R7, 6th Principal Meridian, LOT 39 SE, and its Assessor's Parcel Number (APN) is 16-27-400-008-000. Surrounding new residential construction underscores the area's growth trajectory, making this a compelling proposition for developers seeking to capitalize on the burgeoning demand for housing and commercial spaces in this desirable location. Preliminary site plans are available upon request. This property offers a rare chance to acquire a substantial land holding in a thriving area of Lincoln.

    Property Features for 0 84Th St

    General Information

    Property type
    Land
    Lot Size
    1,234,055 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Lincoln
    County
    Lancaster
    State
    Nebraska
    Longitude
    -96.6061322
    Latitude
    40.7335296

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    FAQs

    What type of property is this?
    Land - Prime Development Opportunity: 28 Acres, $5.95M
    Where is this land located?
    The property is located at 84Th St Lincoln, NE.
    What is the asking price?
    The asking price for this property is $5,950,000.
    (402) 417-8980
    Request Owner's contact information
    84Th St Lincoln, NE 68526
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    Lincoln, NE 68526
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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
    84Th St Lincoln, NE 68526
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