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Property profile & analytics

8500 Andermatt Dr Lincoln, NE 68526

  • Drive through restaurants
  • 4,088 SF
  • 2.00 lot acres
Value Estimation
Last Sale
Nov 28, 2022
$1,650,000
Location Intelligence
Property ID
US57-1172792
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • THE LNK GRILL drafts + crafts / Bar & Grill / Bar

Property Details for 8500 Andermatt Dr

Year built
2005
Lot size
2.00 lot acres
Property size
4,088 SF
Zone code
B5
Property type
Drive through restaurants
APN
16-23-105-001-000
APU
1623105001000

Description

This exceptional 0.54-acre commercial pad site presents a rare opportunity in Lincoln, Nebraska's thriving Prairie Lake Shopping Center. Located at 8500 Andermatt Drive, this highly visible lot boasts excellent access and drive-thru capability, making it ideal for a variety of commercial ventures. Situated off Highway 2 and 84th Street, the property benefits from a high traffic count of 40,000 vehicles daily, ensuring maximum exposure for your business. The site is part of a successful development, with only a limited number of lots remaining. This prime location is anchored by major retailers such as Sam's Club, Walmart, and Menards, providing significant synergy and attracting a substantial customer base. The asking price is $376,358, and options for sale, land lease, or build-to-suit arrangements are available. This is an unparalleled chance to establish a presence in a bustling retail environment with exceptional visibility and accessibility. Don't miss this opportunity to secure your place in one of Lincoln's most desirable commercial developments. The property is located in Lancaster County, Nebraska, zip code 68526.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $1,805,000
  • CAP approach

    CAP return
    Estimation
    6%
    $1,590,000
    6.5%
    $1,540,000
    7%
    $1,760,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $1,560,000
    Geo Method
    $1,580,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $1,675,000
    Retail
    $1,945,000
    Mixed-Use
    $1,625,000
    Hospitality
    $1,945,000
    Educational
    $1,890,000
    Residential Income
    $1,645,000
    Energy
    $1,810,000
    Income-Based Land
    $1,735,000
    Food Service
    $1,855,000

Location Insight

  • Map
  • Local Demand
City
Lincoln
County
Lancaster
State
Nebraska
Longitude
-96.6035
Latitude
40.7365
CBSA code
30700
CBSA name
LINCOLN, NE METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$30,202
$1,382,600
$307,200
$1,689,800
-
$1,382,600
$307,200
$1,689,800
More about this property
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