5745 Hidcote Dr Lincoln, NE 68516
- Commercial land
- 0.67 lot acres
Current Use by Public Records
- Commercial land
Property Details for 5745 Hidcote Dr
- Lot size
- 0.67 lot acres
- Zone code
- B3
- Property type
- Commercial land
- APN
- 16-21-163-005-000
- APU
- 1621163005000
Description
This exceptional commercial land offering in Lincoln, Nebraska, presents a remarkable investment opportunity. Located at 5745 Hidcote Dr, in Lancaster County, zip code 68516, this property is part of the Village Gardens development and comprises two available pad sites. Pad Site B, priced at $882,000, encompasses 8,400 square feet, offering a land value of $75 per square foot. Both Pad Sites A and B are zoned for mixed-use development, allowing for ground-level commercial space and upper-level residential construction. Restrictive covenants limit the maximum number of apartments to 15 units per pad site, across two upper stories. This presents a unique opportunity to create a thriving commercial space with complementary residential units, catering to the growing needs of the Lincoln community. The property's location within Village Gardens offers excellent visibility and accessibility, making it an attractive proposition for a variety of businesses and residents. With its strategic location and flexible zoning, this property is poised for significant growth and return on investment. The precise lot size for each pad site is clearly defined, allowing for precise planning and development. This is a rare opportunity to acquire a well-positioned commercial land parcel in a desirable Lincoln neighborhood.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Lincoln
- County
- Lancaster
- State
- Nebraska
- Longitude
- -96.6423
- Latitude
- 40.7393
- CBSA code
- 30700
- CBSA name
- LINCOLN, NE METROPOLITAN STATISTICAL AREA
