4820 Cornhusker HwyLincoln, NE 68504

  • Commercial real estate
  • 2,440 SF
For Sale
$1,900,000 View listing

Property Details for 4820 Cornhusker Hwy

Year built
1955
Lot size
1.40 AC
Property size (Sq ft)
2,440 SF
Zone code
H3
Property type
Commercial real estate
APN
17-08-222-002-000
APU
1708222002000

Description

This exceptional 1.4-acre commercial land parcel presents a remarkable investment opportunity in Lincoln, Nebraska. Strategically located on the northeast corner of N. 48th Street and Cornhusker Highway (address: 4820 Cornhusker Hwy, Lincoln, NE 68504), this property boasts unparalleled visibility and accessibility. The high-traffic intersection ensures maximum exposure for any commercial venture. The lot is zoned H-3 (Highway Commercial), offering flexibility for a wide range of commercial and industrial uses. This zoning designation allows for diverse development possibilities, catering to various business needs. With an APN of 17-08-222-002-000, this property is ready for immediate development. The asking price is $1,900,000. Its prime location, combined with its generous size and flexible zoning, makes this an exceptional opportunity for investors seeking a high-impact commercial investment in a thriving Nebraska market. The property's convenient access to both N. 48th Street and Cornhusker Highway further enhances its appeal, ensuring easy access for customers and employees. Don't miss this chance to acquire a highly visible and strategically located commercial property in a rapidly growing area.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $551,734
    Hospitality
    $505,386
    Educational
    $420,475
    Medical
    $434,936
    Retail
    $654,072

Location Insight

City
Lincoln
County
Lancaster
State
Nebraska
Latitude
40.853
Longitude
-96.6529
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
$10,956
$487,300
$125,700
$613,000
-
$487,300
$125,700
$613,000

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