Property profile

0 1St St Lincoln, NE 68512

OFF-MARKET
Land
118 ac lot
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Property summary

AI-generated overview

This exceptional 118-acre property in Lancaster County, Nebraska, presents a unique commercial, industrial, and residential development opportunity. Located at the intersection of West Rokeby Road and South 1st Street, this gently rolling terrain is zoned for agriculture, offering significant flexibility for future projects. Its strategic location, just 1.7 miles south of a new casino and horse track and one mile north of Saltillo Road, provides easy access to major highways (Highway 77, Highway 2, and Interstate 80, 7.5 miles north) and is minutes from downtown Lincoln. The area boasts numerous amenities, including grocery stores, restaurants, and entertainment venues. The property's proximity to the Haymarket area and downtown Lincoln enhances its appeal for residential, acreage, or commercial development. Potential residents will enjoy access to outdoor recreation, with the Yankee Hill Wildlife Management Area just three miles away and Bluestem Dam Site eight miles away. This property aligns with the Lincoln/Lancaster County 2050 Comprehensive Plan, making it an ideal investment for developers seeking a prime location with high development potential. The asking price is $4,720,000, or $40,000 per acre. This represents a compelling investment opportunity in a rapidly growing area.

Property profile

Verified
Property type Land
Lot 118 ac (5,140,080 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1St St Lincoln, NE 68512
Lincoln metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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