Commercial Land For Sale 2770 Enterprise Drive, Lincoln, NE 68504

Area Description

Located in the busy North 27th Street commercial district. 

Highlights

Population Growth & Market Reach

• Threshold Milestone: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 St, which serves as a primary arterial connecting northern residential developments.
• Industrial Growth: 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 Interstate 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 Interstate 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. ChickFilA, Brakes Plus, and Casey’s are open.  Tommy’s Carwash, Discount Tire, and Auto Zone are under construction.
• 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 or lodging.
• Existing Plans: Previous engineering work for a 100-room motel on this site is available from the seller.