84th & South Streets

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84th & South Streets

Lincoln, NE 68520
Asking Price
$1.52M
Asset Type
Commercial Land
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Commercial land parcel covering 1.37 acres of total site area.
  • The property provides a total of 59,677 square feet of land.
  • Located at the intersection of 84th and South Streets in Lincoln.
  • Offered for sale at an asking price of $1,515,888.
  • Suitable for a range of commercial development and investment projects.

What's Special

The intersection of 84th and South Streets serves as a prominent commercial node within Lincoln, Nebraska. This 1.37-acre land parcel provides 59,677 square feet of developable ground, positioning it for a variety of potential commercial implementations. Lincoln maintains a stable regional economy supported by strong educational and governmental institutions, fostering consistent demand for well-located commercial sites. Investors and developers can utilize this strategically placed asset to capture traffic flowing through one of the city's established submarkets. The scale of the site accommodates diverse construction plans ranging from retail pads to professional office footprints, depending on specific site development goals. Proximity to major municipal arteries ensures accessibility for clients and customers alike, making this a viable option for those looking to expand their presence in the local market.

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NOI
$80,000
Cap Rate
5.28%
DSCR
0.89
Underwater
Cash-on-Cash
-2.20%
Monthly Payment
$7,499.787
Annual Cash Flow
$-9,997.441

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