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    204th & Harrison Nec Omaha, NE 68022

    Sponsored
    For Sale
    Contact for pricing

    69 Acres, Prime Omaha Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    Legado Plaza presents a unique investment opportunity encompassing 69 acres of prime commercial land in Elkhorn, Nebraska, situated in Douglas County, zip code 68022. This expansive property is strategically located at the intersection of 204th and Harrison Streets (Northeast Corner). The site offers significant development potential, divided into two key parcels. Forty acres are designated for commercial and mixed-use development, perfectly suited for a variety of businesses and projects. An additional 29 acres are zoned for multifamily residential, assisted living facilities, or civic uses, providing flexibility for a diverse range of development options. The property's exceptional location along the 204th Street corridor places it in close proximity to thriving commercial activity. A key advantage is its position directly across from the established Coventry mixed-use and residential development, ensuring high visibility and access to a substantial existing customer base. This presents a rare chance to capitalize on the growth and momentum of this rapidly developing area. The property's size and zoning flexibility make it ideal for large-scale projects or a phased development approach. Detailed site plans and zoning information are available upon request. This is an exceptional opportunity to acquire a significant land holding in a high-growth area of Omaha.

    Property Features for 204th & Harrison Nec

    General Information

    Property type
    Land
    Lot Size
    3,005,640 SF

    HighLights

    • 40 acres of commercial/mixed‑use land available.
    • 29 acres zoned for multifamily, assisted living, and civic uses.
    • Prime location on the 204th Street corridor.
    • Across from the Coventry mixed‑use and residential development.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Omaha
    County
    Douglas
    State
    Nebraska
    Longitude
    -96.2482149
    Latitude
    41.2819478

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    FAQs

    What type of property is this?
    Land - 69 Acres, Prime Omaha Location
    Where is this land located?
    The property is located at 204th & Harrison Nec Omaha, NE.
    What are key features of this property?
    This property features: 40 acres of commercial/mixed-use land available.; 29 acres zoned for multifamily, assisted living, and civic uses.; Prime location on the 204th Street corridor.
    (402) 778-7530
    Request Owner's contact information
    204th & Harrison Nec Omaha, NE 68022
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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
    204th & Harrison Nec Omaha, NE 68022
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