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Property profile & analytics
FOR SALE
Industrial properties

7201 N 98Th St Lincoln, NE 68507

114,781 SF 18.99 ac lot Built 2000
Entity Owned 3-yr Hold ~ Est. High Equity
Property ID
US57-0164384
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 2000
Total area 114,781 SF
Lot 18.99 ac (827,422 SF)
Zoning code I2
APN 18-35-201-005-000
UPID US57-0164384
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
Current use
Occupant on record · Public records
  • BinMaster (Bike/Boat/Book/etc) Store
  • Garner Industries Factory Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$1.07M
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.47M
Blend (final) Blend
$1.77M
Owner & transaction history
Garner Re Holidings LLC · 3 yrs held
Garner Re Holidings LLC
since 2023
4 recorded transactions
2023
Price N/A
2009
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
I2 · Lincoln, NE
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source Document Viewer | Municipal Code
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