Contiguous Farmland with Creek
For Sale
$4,449,000
Old Cheney Road, Walton, NE 68461
Land, Walton, NE
Property SizeContact for details
Lot Size139.00 Acres
Days on Market79
Property Features for Old Cheney Road
General Information
Property type
Land
Property subtype
Other
Directions
From East Lincoln proceed to the intersection South 98th Street and Old Cheney Road head east on Old Cheney to South 120th Street. The property is located on the northside of Old Cheney between South 120th and South 131st streets.
Standard status
Active
Lot size
139.00 Acres
Taxes and HOA fees
Tax Annual Amount
4805
Listing Agency:
American Legacy Land Company
(308) 991-9544
Listed By:
Robert Osborne
(308) 991-9544
Added: Jun 15
Changed: Aug 25
Last Checked: Sep 1 at 12:06PM
MLS# 11884905
Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This offering consists of 139+/- total acres across seven contiguous parcels, with individual parcel sizes ranging from 17.15 acres to 19.79 acres. The property’s configuration and extensive road frontage support multiple development configurations, subject to Lancaster County approval and applicable zoning requirements. Several parcels border the Stevens Creek corridor, offering rolling natural features and opportunities for future open space and water-oriented amenities.
Located less than two miles from the South 98th Street and Old Cheney Road intersection, the land sits within a growth corridor surrounding Lincoln in Lancaster County.
The property is currently operated by a local tenant with farming rights through the 2026 crop season, and no development activities or disturbance of existing crop ground may occur until after the 2026 harvest. Any future lease arrangements would be negotiated directly between the buyer and the tenant.
Located less than two miles from the South 98th Street and Old Cheney Road intersection, the land sits within a growth corridor surrounding Lincoln in Lancaster County.
The property is currently operated by a local tenant with farming rights through the 2026 crop season, and no development activities or disturbance of existing crop ground may occur until after the 2026 harvest. Any future lease arrangements would be negotiated directly between the buyer and the tenant.
Key Highlights
- 139+/- acres made up of seven contiguous parcels with parcel sizes from 17.15 to 19.79 acres
- Less than 2 miles from the South 98th Street and Old Cheney Road intersection
- Several parcels border the Stevens Creek corridor, offering opportunities for natural open space and water features
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
138
Businesses Nearby
Explore this area
Business Placement
Demographics for 68461, NE
708
Population
276
Households
2.6
Avg Household Size
45
Median Age
64%
College-Educated
100%
High-School Grad
23.6 sq mi
ZIP Area
30
Density / Sq Mi
$82,232
Median Earnings
$486,100
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Agricultural land / Farmland - 139+/- acres made up of seven contiguous parcels, with portions bordering Stevens Creek and income-producing farm operations.
Where is this agricultural land / farmland located?
The property is located at Old Cheney Road Walton, NE.
What is the asking price?
The asking price for this property is $4,449,000.
What are key features of this property?
This property features: 139+/- acres made up of seven contiguous parcels with parcel sizes from 17.15 to 19.79 acres; Less than 2 miles from the South 98th Street and Old Cheney Road intersection; Several parcels border the Stevens Creek corridor, offering opportunities for natural open space and water features
