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    OFF-MARKET
    Land

    0 1St St, Lincoln, NE 68512

    118 ac lot
    Property ID
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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