0000 L Rd Central City, NE 68826
This exceptional 61-acre lakefront property in Merrick County, Nebraska, presents a unique investment opportunity. The land is fully plotted and engineered, with all lots graded and subdivided, ready for immediate development. Complete with HOA documents and all necessary county approvals and permits, this turnkey project offers significant ROI potential. The property features a 35+ acre stocked lake, soft sand beaches, and clear aquifer-fed water, creating a tranquil setting abundant with wildlife. Conveniently located 1.5 miles from Central City, Nebraska, and a half-mile from the Platte River, this development boasts easy access to amenities including a new school and hospital. Lots are designed for walk-out basements with lake views, offering builders diverse options. The property can be developed as a lake community or maintained as a private retreat. All lots have been fully graded and are build-ready. The property includes a full ingress and egress easement with direct access to the Platte River. Asking price is $2,500,000. The property is located at 0000 L Road, Central City, NE 68826.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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