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350 AC Westlake Development Opportunity
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312th W Reichmuth Road, Valley, NE 68064

Unique investment opportunity with multiple revenue streams in the Midwest.

Property Size179,000 SF
Lot Size350.00 Acres
Days on Market122

Property Features for 312th W Reichmuth Road

General Information

Standard status Active
Size 179,000 SF
Lot size 350.00 Acres
Property subtype Retail, Multifamily, Office, Mixed Use, Land
Listing Agency: Berkshire Hathaway HomeServices Ambassador Real Estate
Listed By: Gary Kuklin · License #NE 20050960
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Aug 8 at 3:02PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Berkshire Hathaway HomeServices Ambassador Real Estate

Investment Insights

Based on property information with market context.

This 350-acre Westlake development presents a unique investment opportunity in the Midwest, featuring four distinct revenue streams. The property includes 250 acres available for development surrounding a 100-acre water skiing lake that is 75 feet deep and 1.5 miles long, making it the deepest lake in Nebraska. The four revenue streams include livestock grazing lease, mineral lease, topsoil sales, and residential/commercial development. The topsoil revenue stream alone is projected to generate over $180 million in sales. Current plans include approximately 179,000 square feet for commercial ground suitable for office, retail, and marina purposes. All utilities are available to the site, with access to two cable/fiber companies. The development is planned as a gated community for Phase I & Phase II custom homesite lots, elevated 18 feet above lake level to accommodate basements. Projected revenue includes $42,000,000 from residential lot sales and $2,600,000 from commercial lot sales. The property is intended for a serious long-term investor/developer seeking substantial returns. The initial investment has the potential to be returned many times over.

Key Highlights

  • Potential for over $180 million in revenue from topsoil sales.
  • Four distinct revenue streams: livestock lease, mineral lease, topsoil sales, and residential/commercial development.
  • 350‑acre development opportunity with 250 acres for development and a 100‑acre water skiing lake.

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Real Estate Agency Building Supply Restaurant Dental Office Auto Parts Store Parking Lot & Garage

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

171
Businesses Nearby
8k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 100%
Casey's General Store Shops & Services
8,429 visits/mo 0.4 miles

Demographics for 68064, NE

3,872
Population
2,113
Households
1.8
Avg Household Size
46
Median Age
46%
College-Educated
98%
High-School Grad
51.0 sq mi
ZIP Area
76
Density / Sq Mi
$92,938
Median Household Income
$63,670
Median Earnings
$945
Median Rent
$476,400
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Unique investment opportunity with multiple revenue streams in the Midwest.
Where is this commercial land located?
The property is located at 312th W Reichmuth Road Valley, NE.
What are key features of this property?
This property features: Potential for over $180 million in revenue from topsoil sales.; Four distinct revenue streams: livestock lease, mineral lease, topsoil sales, and residential/commercial development.; 350‑acre development opportunity with **250 acres for development and a 100‑acre water skiing lake.**
(402) 880-1887 Call to check price and availability
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