40 & Cres Dr Lincoln, NE 68516
- Land
- 0.76 lot acres
Current Use by Public Records
- Land
Property Details for 0 40 & Cres Dr
- Lot size
- 0.76 lot acres
- Property type
- Land
Description
This exceptional 0.76-acre commercial lot, zoned H-4, presents a remarkable investment opportunity in Lincoln, Nebraska. Strategically located near the intersection of 40th and Crescent Drive, just south of Yankee Hill Road, this property boasts high visibility and accessibility. The H-4 zoning allows for a diverse range of commercial uses, including office and retail spaces, with the potential to accommodate up to 6,100 square feet of development. Its prime location benefits from proximity to thriving businesses and significant recent developments. Neighboring the newly constructed Capital Eye Care, this lot is surrounded by a dynamic and growing community. The area is experiencing substantial expansion, including the addition of the April Sampson Regional Cancer Center and over 2,000 new single-family and multi-family residential units. This influx of residents and increased commercial activity creates a strong foundation for future growth and profitability. The asking price for this exceptional property is $838,530. This presents a unique chance to capitalize on Lincoln's robust commercial real estate market and become part of a rapidly expanding area. The property is situated in Lancaster County, Nebraska, with a zip code of 68516. Don't miss this opportunity to secure a prime location for your next commercial venture.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Lincoln
- County
- Lancaster
- State
- Nebraska
- Longitude
- -96.6635
- Latitude
- 40.7247
