2050 Cornhusker HwyLincoln, NE 68521

Property Details for 2050 Cornhusker Hwy

Year built

1955

Lot size

0.55 AC

Property size (Sq ft)

4,360 SF

Zone code

H3

Property type

Retail space

APN

11-12-400-007-000

APU

1112400007000

Description

This exceptional commercial land opportunity in Lincoln, Nebraska, presents a unique chance for significant development. Located at 2050, 2100, and 2112 Cornhusker Highway, the property encompasses a substantial 66,375 square feet (1.52 acres) of land zoned H-3. Currently featuring three buildings, the seller plans to demolish the southernmost structure on lot 2112, creating a large, cleared area ready for new construction. This prime location offers unparalleled visibility and accessibility directly on Cornhusker Highway, a major thoroughfare ensuring high traffic volume and excellent exposure for any business. The asking price for this strategically positioned property is $1,200,000. The substantial lot size and high-traffic location make this an ideal investment for developers seeking a high-growth area with significant potential for return. The property's existing infrastructure, coupled with the planned demolition, provides a blank canvas for a variety of commercial ventures. Don't miss this chance to acquire a highly desirable commercial parcel in a thriving Nebraska market. The property is situated in Lancaster County, Nebraska, with a Lincoln zip code of 68521.

• CAP approach

  CAP return

  Valuation

  6%

  $1,266,266

  6.5%

  $1,168,861

  7%

  $1,085,371

• Comparable approach

  Method

  Valuation

  Relative Method

  $785,914

  Geo Method

  $785,914

• Alternative Use

  Use

  Valuation

  Residential

  $985,978

  Hospitality

  $903,150

  Educational

  $751,411

  Medical

  $777,253

  Retail

  $1,168,861

Location Insight

City

Lincoln

County

Lancaster

State

Nebraska

Latitude

40.8433

Longitude

-96.6902

CBSA code

30700

CBSA name

LINCOLN, NE METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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