Listed by Eschliman Commercial Real Estate
$1,192,925
Retail Land For Sale-2770 Enterprise
Details
APN 17-06-108-001-000
Property Type Retail, Office
Broker Co-Op Yes
Lot Size (SqFt) 95,434
Zoning B-2
Ground Lease No
Retail
Marketing description
PRICE IMPROVED!
Commercial land for development in Northstar Crossing. Seller open to subdividing. Located on the busy North 27th Street trade corridor near Northstar High School. This is a great location for a hotel, retail, office, or restaurant. The new Northstar Crossing Center includes Chick-Fil-A, Casey’s, Goodwill, and Brakes Plus are open and generating a great deal of traffic by this location. Discount Tire, and AutoZone, are under construction and a proposed Youth Volleyball facility. Also looking for a south Lincoln location? Check out our retail land for sale at 8470 Eiger Dr.
Investment highlights
Population Growth & Market Reach
- Threshold Milestone: As of mid-2024, Lincoln’s population surpassed 300,000, making it the 72nd largest city in the U.S. This growth is a primary driver for national retailers entering the market.
- Regional Growth: The city grew by 3.19% between 2023 and 2024, significantly outpacing the Midwest average of 0.7% for cities of similar size.
- Young & Educated Workforce: The median age in Lincoln is approximately 33.4 years, with over 41% of adults holding a bachelor's degree or higher, providing a stable base of high-earning consumers.
Strategic Location & Surrounding Development
- · Prime Location: This area one of Lincoln's most active commercial and commuter growth sectors. The site is strategically positioned on North 27th Street, which serves as a primary arterial connecting northern residential developments.
- A new Google data center is opening one exit east of the North 27th Street exit which is attracting additional industrial and commercial development in the area.
- Interstate 80 Proximity: Being within a two-minute drive of the I-80 interchange provides this property with "pass-through" traffic potential from cross-state travelers in addition to local daily commuters. Over 14,000 cars per day exit off I-80 onto North 27th Street.
- Northstar Crossing Synergy: This site is adjacent to the Northstar Crossing development, a 50-acre project expected to bring 500,000 square feet of commercial space to the area. Chick-Fil-A and Casey’s are open. Tommy’s Carwash and Brakes Plus are confirmed for the immediate vicinity.
- North Star High School: The site benefits from proximity to North Star High School.
- High Traffic Count: Over 14,700 cars pass by daily. Traffic will increase as the development of Northstar Crossing continues.
Economic Indicators
- Rising Incomes: The median household income in Lincoln has grown to approximately $69,991, with those in the 45–64 age bracket (prime spending years) earning over $86,000.
- Low Vacancy Rates: Lincoln’s retail sector maintains a healthy vacancy rate of around 4.2%, with demand for new high-quality space consistently outpacing supply.
- Diverse Employment Base: The area is supported by major stable employers including the University of Nebraska, Nelnet, and Bryan Health, as well as a growing tech sector.
Development Flexibility
- Zoning & Readiness: The land is already positioned for versatile commercial use including retail, office, restaurant, or lodging.
- Existing Plans: Previous engineering work for a 100-room motel on this site is available from the seller.
Listing Contacts
Listed by Eschliman Commercial Real Estate
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--
Valuation Metrics
0
DSCR
--
Cap Rate
--
ROI
Broker Selected Comps View More Comps
Property History
Similar Properties
Additional Information
Name
License
Brokerage Phone
Name
License
Brokerage Phone
Is there information that looks off?

