5745 Hidcote Dr Lincoln, NE 68516
For Sale
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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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
B3 · Lincoln, NELincoln. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.