5940 Havelock Ave, Lincoln, NE 68507-1121
- Drive through restaurants
- 3,186 SF
- 0.67 lot acres
Current Use by Public Records
- Drive through restaurants
Property Details for 5940 Havelock Ave
- Year built
- 1996
- Lot size
- 0.67 lot acres
- Zone code
- B3
- Property type
- Drive through restaurants
- APN
- 17-04-306-015-000
- APU
- 1704306015000
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Dec 13, 2024 | $538,000 | Acg Real Estate LLC | Huntington Partners LLC | Warranty Deed | $551k · Nebraska Bank Of Commerce |
| Feb 24, 2014 | — | Huntington Partners LLC | Huntington Partners | Quit Claim Deed · related | — |
| — | — | Huntington Partners LLC | — | Loan Modification · related | — |
| — | — | Huntington Partners | — | Deed Of Trust · related | $207k · Pinnacle Bank |
| — | — | Huntington Partners | — | Deed Of Trust · related | $208k · Pinnacle Bank |
Description
This exceptional investment opportunity presents a vacant 3,167 square foot quick-service restaurant (QSR) building situated on a 1.03-acre lot in Lincoln, Nebraska's established Havelock neighborhood. The property, located at 5940 Havelock Ave, Lincoln, NE 68507, boasts a convenient two-lane drive-thru, perfect for maximizing operational efficiency and customer convenience. With ample parking accommodating 40 vehicles, this location ensures easy access for patrons. The building, constructed in 1987, is classified as Class B and is currently vacant, offering a blank canvas for a new QSR concept or a repositioning of an existing brand. The asking price is $850,000, translating to a price per square foot of $268.39. The property is zoned O-2, providing flexibility for various commercial uses. This prime location presents a unique chance to establish a thriving business in a well-populated area with high visibility and excellent access. The substantial lot size and existing infrastructure provide a solid foundation for immediate occupancy and operational success. This is an ideal opportunity for investors seeking a strong return in a stable market.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $540,000
- ML approach
- $540,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $468,000
Market price range: $417k - $615k
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Lincoln
- County
- Lancaster
- State
- Nebraska
- Longitude
- -96.6389
- Latitude
- 40.8575
- CBSA code
- 30700
- CBSA name
- LINCOLN, NE METROPOLITAN STATISTICAL AREA
