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    8501 Lexington Ave Lincoln, NE 68505

    • Commercial land
    • 0.27 lot acres
    For Sale
    View listing
    $295,000
    Value Estimation
    Location Intelligence
    Property ID
    US57-0251638
    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

    • Commercial land

    Property Details for 8501 Lexington Ave

    Lot size
    0.27 lot acres
    Zone code
    B2
    Property type
    Commercial land
    APN
    17-14-302-009-000
    APU
    1714302009000

    Description

    This exceptional 0.27-acre commercial land parcel, located at 8501 Lexington Ave in Lincoln, Nebraska (zip code 68505), presents a unique investment opportunity. Priced at $295,000, this property boasts 8,000 square feet and is zoned B-2, making it ideal for a variety of commercial uses. The site features a pre-existing drive-thru lane, a significant advantage for businesses such as fast-food restaurants or drive-thru pharmacies. Its strategic location at the intersection of 85th and Lexington offers excellent visibility and convenient access, further enhanced by its proximity to the 84th and Lexington intersection. The property's APN is 1714302009000. This is a rare opportunity to acquire a well-situated commercial lot in a thriving area of Lincoln, offering significant potential for growth and return on investment. The price per square foot is $36.88. Don't miss this chance to secure a prime location for your next commercial venture. The land is situated in Lancaster County.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Lincoln
    County
    Lancaster
    State
    Nebraska
    Longitude
    -96.6045
    Latitude
    40.831
    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
    $5,022
    $281,000
    $0.00
    $281,000
    -
    $281,000
    $0.00
    $281,000

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    8501 Lexington Ave
    Lincoln, NE 68505
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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