8500 Andermatt Dr Lincoln, NE 68526
- Drive through restaurants
- 4,088 SF
- 2.00 lot acres
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
-
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