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Property profile & analytics
OFF-MARKET Estimated value $6,970,000
Outlet malls

1701 Plum Crk Pkwy Lexington, NE 68850-2615

38,256 SF Built 2020
Entity Owned 4-yr Hold ~ Est. High Equity
Property ID
US57-1071804
Property summary
AI-generated overview

This exceptional 107,157 square foot commercial land parcel presents a prime investment opportunity in Lexington, Nebraska. Located at 1701 Plum Creek Parkway, this property boasts a highly desirable location directly fronting the Bomgaars Farm & Home Store, a significant anchor tenant on Lexington's primary commercial thoroughfare. The zoning is commercial, allowing for a wide range of development possibilities to suit various business needs. Priced competitively at $428,630, or $4 per square foot, this represents a strong value proposition for investors seeking high-traffic exposure and a proven retail location. The substantial lot size offers ample space for development, ensuring flexibility and potential for significant return on investment. The property's strategic placement ensures high visibility and accessibility, making it an ideal location for a variety of commercial ventures. Situated in Dawson County, Nebraska, with a zip code of 68850, this property benefits from the established commercial activity in the area. This is a for sale by owner listing. The coordinates are 40.7594 latitude and -99.741216 longitude. Don't miss this chance to acquire a prime piece of commercial real estate in a thriving Nebraska community.

Property profile
Verified
Property type Outlet malls
Use group WHOLESALE OUTLET, DISCOUNT STORE
Year built 2020
Total area 38,256 SF
Zoning code 03-COMMERCIAL
APN 240220046
UPID US57-1071804
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Wild Willy's Fireworks Tent - Bomgaars Discount Store Party Supply Store
  • Orscheln Farm & Home Pet Store & Service
  • Bomgaars Department Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$6.92M
CAP Approach CAP
by Request
Comparable Approach Comparable
$5.09M
Blend (final) Blend
$6.97M
Owner & transaction history
Af Glenwood 1 LLC · 4 yrs held
Af Glenwood 1 LLC
since 2022
Last sale
$7.0M
6 recorded transactions
2022
Price N/A
2022
Price N/A
2022
Price N/A
2022
$7.0M
2020
$5.5M
2019
Price N/A
Zoning & alternative use
03-COMMERCIAL · Lexington, NE
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building $5.2M +46.7%
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