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Property profile & analytics
OFF-MARKET Estimated value $540,000
Drive through restaurants

5940 Havelock Ave Lincoln, NE 68507-1121

3,186 SF 0.67 ac lot Built 1996
Entity Owned 1-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US57-0127226
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Drive through restaurants
Use group DRIVE-THRU RESTAURANT, FAST FOOD
Year built 1996
Total area 3,186 SF
Lot 0.67 ac (29,198 SF)
Zoning code B3
APN 17-04-306-015-000
UPID US57-0127226
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$540k
CAP Approach CAP
by Request
Comparable Approach Comparable
$468k
Blend (final) Blend
$540k
Owner & transaction history
Acg Real Estate LLC · 1 yrs held
Acg Real Estate LLC
since 2024
Last sale
$538,000
5 recorded transactions
2024
$538,000
2014
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
B3 · Lincoln, NE
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source Document Viewer | Municipal Code
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