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    168 168Th St Omaha, NE 68118

    Sponsored
    For Sale
    $1,842,589

    Three lots, high-traffic area, development ready.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional investment opportunity presents three commercial lots totaling 2.82 acres in Omaha, Nebraska, situated at the highly visible intersection of 168th & Blondo Streets. The property boasts a Mixed Use zoning designation, allowing for diverse development options. The location benefits from a daily traffic count of 37,786 vehicles, ensuring high visibility and accessibility. This prime real estate is situated near established businesses including Scooters, Kitty Lee Dance Studio, and Yellow Brick Road Child Development, indicating a thriving commercial environment. Furthermore, its proximity to the West Dodge Road corridor and Village Pointe Shopping Center (one mile away) provides excellent access to a large consumer base and strong West Omaha demographics. The lots are ready for immediate development, with utilities in place and no flood plain issues. Individual lot sizes and pricing vary: Lot 1 (0.5 acres) is priced at $326,700 ($15/SF)

    Property Features for 168 168Th St

    General Information

    Property type
    Individual retail properties
    Lot Size
    13,939 SF

    HighLights

    • Three commercial lots totaling 2.82 acres available for sale in Omaha, Nebraska.
    • Mixed‑use zoning allows for diverse development options.
    • High‑visibility location at the intersection of 168th & Blondo Streets with 37,786 vehicles daily.
    • Ready for immediate development with utilities in place and no flood plain concerns.
    • Individual lot pricing: Lot 1 (0.5 acres) - $326,700 ($15/SF); Lot 2 (2.0 acres) - $785,000 ($9/SF); Replat Lot 2 (0.32 acres) - $125,500 ($9/SF); Lot 4 (1.37 acres) - $450,565 ($7.55/SF).
    Property Profile Location Intelligence

    Current Use by Public Records

    Midwest Dental School School

    Suggested Use

    Restaurant Law Firm Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Auto Repair Shop Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Omaha
    County
    Douglas
    State
    Nebraska
    Longitude
    -96.181065
    Latitude
    41.276917

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    FAQs

    What type of property is this?
    Individual retail property - Three lots, high-traffic area, development ready.
    Where is this individual retail property located?
    The property is located at 168 168Th St Omaha, NE.
    What is the asking price?
    The asking price for this property is $1,842,589.
    What are key features of this property?
    This property features: Three commercial lots totaling 2.82 acres available for sale in Omaha, Nebraska.; Mixed-use zoning allows for diverse development options.; High-visibility location at the intersection of 168th & Blondo Streets with 37,786 vehicles daily.
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    168 168Th St Omaha, NE 68118
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