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    Property profile & analytics

    7201 N 98Th St Lincoln, NE 68507

    • Industrial properties
    • 114,781 SF
    • 18.99 lot acres
    For Sale
    View listing
    $3,000,000
    Value Estimation
    Last Sale
    Jul 25, 2023
    Location Intelligence
    Property ID
    US57-0164384
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • BinMaster / Measuring Instruments Supplier / Industrial Equipment Supplier
    • Garner Industries / Plastic Injection Molding Service / Machine Shop

    Property Details for 7201 N 98Th St

    Year built
    2000
    Lot size
    18.99 lot acres
    Property size
    114,781 SF
    Zone code
    I2
    Property type
    Industrial properties
    APN
    18-35-201-005-000
    APU
    1835201005000

    Description

    This exceptional 29.68-acre industrial property in Lincoln, Nebraska, is offered at $4,900,000. Located at 7201 N 98th St, Lancaster County, zip code 68507 (40.8834623, -96.5879316), this site boasts unparalleled visibility and convenient access to Cornhusker Highway. Its strategic position between Lincoln and Waverly makes it ideal for a variety of industrial uses. Potential uses include manufacturing facilities, industrial supply companies, warehouse and storage complexes, fleet dispatching or service facilities, regional hubs or terminals, or even a data center. The property's proximity to Interstate 80 ensures easy access for trucking and commuting from Eastern Nebraska. While the property sustained tornado damage, it presents a significant opportunity for redevelopment in a rapidly growing area. The sale is conducted "As-Is." This is a rare chance to acquire a substantial industrial parcel in a thriving Nebraska market.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $1,070,000

    • CAP approach

      CAP return
      Estimation
      6%
      $745,000
      6.5%
      $860,000
      7%
      $820,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $740,000
      Geo Method
      $745,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $670,000
      Retail
      $720,000
      Mixed-Use
      $785,000
      Hospitality
      $650,000
      Educational
      $830,000
      Residential Income
      $800,000
      Energy
      $740,000
      Income-Based Land
      $855,000
      Food Service
      $860,000

    Location Insight

    • Map
    • Local Demand
    City
    Lincoln
    County
    Lancaster
    State
    Nebraska
    Longitude
    -96.5886
    Latitude
    40.8829
    CBSA code
    30700
    CBSA name
    LINCOLN, NE METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $20,859
    $1,448,000
    $0.00
    $1,448,000
    -
    $1,448,000
    $0.00
    $1,448,000

    Comparable in this City

    • Value Estimation by Request
      0.60 Acres

      5701 57Th St

      Distribution properties • 0.60 Acres
      5701 57Th St, Lincoln, NE 68507
      View Details
    • Value Estimation by Request
      131,815 SF

      8601 Cornhusker Hwyus

      INDUSTRIAL (GENERAL) • 131,815 SF
      8601 Cornhusker Hwyus, Lincoln, NE 68507-9740
      View Details
    • Value Estimation by Request
      3,306 SF

      7601 Cornhusker Hwy

      INDUSTRIAL (GENERAL) • 3,306 SF
      7601 Cornhusker Hwy, Lincoln, NE 68507
      View Details
    • Value Estimation by Request
      55,225 SF

      6801 Cornhusker Hwy

      INDUSTRIAL (GENERAL) • 55,225 SF
      6801 Cornhusker Hwy, Lincoln, NE 68507-3105
      View Details
    • Value Estimation by Request
      59,620 SF

      6401 Cornhusker Hwy

      INDUSTRIAL (GENERAL) • 59,620 SF
      6401 Cornhusker Hwy, Lincoln, NE 68507-3167
      View Details
    • Value Estimation by Request
      28,280 SF

      5800 58th St

      INDUSTRIAL (GENERAL) • 28,280 SF
      5800 58th St, Lincoln, NE 68507-3258
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      35.17 Acres

      Lincoln Industrial Land - 35 Acres

      Prime Lincoln development site; build-to-suit potential.
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      Multi-Bay Industrial Property For Sale

      Well-maintained industrial property with multiple bays, south of I-80.
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      Development-Ready Land Parcel

      29.68-acre parcel between Lincoln and Waverly.
      7201 N 98Th St, Lincoln, NE 68507
      View Details

    Similar Nearby for Lease

    • $7 SF/Yr
      5,800 SF

      Lincoln Industrial Build-to-Suit

      Prime Lincoln location, 5,800 sq ft flex/warehouse.
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      View Details
    • $9 SF/Yr
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      Lincoln Industrial Manufacturing Space

      17,850 SF Manufacturing Space Available
      5800 58Th St, Lincoln, NE 68507
      View Details
    • $9 SF/Yr
      11,400 SF

      Lincoln Warehouse Space Available

      New 2023 warehouse; multiple units
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    • $11 SF/Yr
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      New Industrial Bays For Lease

      New industrial development featuring seven bays, slated for completion December 2025.
      5700 Cornhusker Hwy, Lincoln, NE 68507
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    • $30 SF/Yr
      2,200 SF

      Office Space in Firethorn Center

      Office spaces available for lease in Lincoln's Firethorn Corporate Center.
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      View Details
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    7201 N 98Th St
    Lincoln, NE 68507
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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