5940 Havelock Ave Lincoln, NE 68507-1121
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.
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, NECosts & 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.