8440 Andermatt Dr Lincoln, NE 68526
This exceptional 1.66-acre commercial land parcel, identified as Lot C- 8440 Andermatt Drive in Lancaster County, presents a unique investment opportunity. Situated near the intersection of 84th and Nebraska Parkway, this single-tenant property boasts unparalleled visibility and accessibility, benefiting from a substantial daily traffic count of 40,000 vehicles. The site is ideally positioned within a thriving commercial area anchored by established businesses such as Walmart, Sam's Club, and Menards. Future development plans include the addition of Rocket Car Wash, Taco Inn, and Home Federal Savings & Loan, further enhancing the area's appeal and drawing increased traffic. This versatile land is suitable for a variety of commercial uses, including retail, industrial, multifamily, and office developments. A significant advantage is the absence of impact fees (excluding Lots A & I). Furthermore, the property is located outside the floodplain, mitigating potential risks associated with flooding. This prime location and the absence of impact fees make this a compelling investment opportunity for developers seeking high-visibility, easily accessible land in a rapidly growing commercial area. The property's strategic positioning and the presence of strong anchor tenants ensure a robust and stable investment potential.
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
B5 · Lincoln, NELincoln. Always verify with local authorities before improvements.
Costs & 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.