9 days on rocket

5000 S 98th St, Lincoln, NE, 68526

$2,495,000

40.53 Acres
Land

Location

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Property Highlights

Home TypeOther
MLS #22428459
Lot Size40.53 Acres
StatusActive
(0)

About 5000 S 98th St

The Tyler Vitosh Group with RE/MAX Concepts is pleased to present 40.53 +/- acres of prime development ground directly in the path of East Lincoln’s growth trajectory. Situated in Eagle Creek Estates, adjacent to Numark Golf Course, this property enjoys a scenic backdrop and offers a captivating mix of natural beauty and convenience. Boasting a zoning classification of AG-Agriculture and a Future Land Use of Residential – Urban Density, this versatile land holds the potential for residential, multi-family, or neighborhood-scale commercial development, making it a lucrative prospect for investors seeking to capitalize on multiple avenues. The land's unique character and topography add to its allure, presenting an opportunity to create a development that blends seamlessly with the surrounding area. This extraordinary tract is located within a Tier One New Growth Area for Lincoln-Lancaster’s 2050 Comprehensive Plan. Don't miss your chance to unlock this real estate investment opportunity!

Property Details

Property Features

Listing Office:

  • Office Name: RE/MAX Concepts
  • Office Phone: (402) 239-1879
  • Listing Agent: Tyler M. Vitosh

Lot Features

Lot Information:

  • Lot Size: 40.53 Acres

Other

Directions Information:

  • Directions: From 98th and Old Cheney, go north to High Tower Road. Property is directly to the north of High Tower Road.

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,495,000
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Housing Market Comparison

See how this home compares to others in Lincoln, NE.

Med. Sold Price

$289.5K

Med. Price/SqFt

$157

Avg. Days On Market

19

# of Sold Homes

268

5000 S 98th St vs Lincoln

9 DAYS ON ROCKET

-10 Days

$2,495,000

+$2.2M More

KEY TAKEAWAY

This property is $2.2M more than the Median Sold Price in Lincoln, NE.

Based on homes sold in October 2024

MLS Details

MLS Information:

  • MLS Number: #22428459

Listing Office:

  • Office Name: RE/MAX Concepts
  • Office Phone: (402) 239-1879
  • Listing Agent: Tyler M. Vitosh

IDXThe data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Great Plains Regional MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by other brokerage firms are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. Copyright © 2024 Great Plains REALTORS® Multiple Listing Service, Inc. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/18/2024, 5:20:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$12.5K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$7,547

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-706396
7
/10
  • Kloefkorn Elementary School

  • 6601 Glass Ridge Dr

  • 1.17 miles

  • Public District Grades PK-5

school-card-donut-706397
7
/10
  • Maxey Elementary School

  • 5200 S 75th St

  • 1.79 miles

  • Public District Grades PK-5

school-card-donut-706398
6
/10
  • Morley Elementary School

  • 6800 Monterey Dr

  • 3.25 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $133,393. Residents of Lincoln, NE typically earn between $35k-100k each year. The most common type of family is married, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Living In Lincoln, NE

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

Types of housing in Lincoln, NE.

Lincoln's housing market showcases a diverse array of options, with single-family homes being a significant portion of the landscape. A mix of modern, ranch-style, and colonial homes can be found, reflecting the city's architectural evolution. Apartments and townhouses offer alternatives for those seeking a more urban living experience. The homeownership rate in Lincoln is robust, with a substantial majority of residents owning their homes, while a smaller yet significant percentage of the population opts for renting.

What is it like to live in Lincoln, NE?

Lincoln is celebrated for its vibrant community spirit and cultural richness. The city prides itself on a variety of local events, including art festivals and farmers' markets that highlight the region's agricultural heritage and creative talent. The community's character is further defined by its commitment to green spaces and a family-friendly atmosphere that resonates throughout the city's numerous parks and recreational areas.

Is it easy to get around Lincoln, NE without a car?

The community benefits from a well-rounded array of services, including a network of public schools that cater to students from kindergarten through high school, as well as private educational institutions. Healthcare facilities in Lincoln provide a range of services, from primary care to specialized treatments, ensuring residents have access to comprehensive medical care. The city's public library system supports lifelong learning and community engagement, while the retail and dining scene reflects the local culture with a blend of national chains and homegrown establishments.

Transportation in Lincoln, NE.

Lincoln's transportation infrastructure supports both private and public transit options, with a focus on enhancing connectivity and reducing commute times. The city's bus service operates on a set schedule, providing residents with reliable public transportation. While ride-sharing services are available, the city also emphasizes walkability, particularly in the downtown area. Major roads and highways facilitate travel in and out of the city, and ongoing improvements aim to keep pace with the growing needs of the community.

Frequently Asked Questions About 5000 S 98th St

What is the listing price of this property?

The listing price of 5000 S 98th St property is $2,495,000.

What type of property is this?

The property 5000 S 98th St is land located in Lincoln, Nebraska, 68526.

Is this property for sale now?

Active Listing: 5000 S 98th St is For Sale (Active/New) which means the seller is accepting offers.

How much acreage is this property?

The property 5000 S 98th St is 40.53 acres.
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Rocket HomesNebraskaLancaster CountyLincoln685265000 S 98th St

This home is located at 5000 S 98th St in Lincoln, NE and zip code 68526. This home sits on a 40.53 acre lot. It has been listed on Rocket Homes since November 08, 2024 and is currently priced at $2,495,000.

In October 2024, from all listings sold in Lincoln, NE there were more than 63 sold above asking price, over 114 sold below and more than 81 were sold right at the asked price. The number of homes for sale in Lincoln, NE increased by 10% between September 2024 and October 2024. The median list price of listings available in October 2024 was $289,500, while the average time on the real estate market was 19 days.

From Rocket Homes Real Estate and based on county public records data.

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