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    204th And George B Lk Pkwy Omaha, NE 68022

    Sponsored
    For Sale
    $974,800

    Prime Elkhorn location, mixed-use zoning. High traffic count.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    395
    This exceptional 1.118-acre commercial land parcel presents a unique investment opportunity in the thriving Coventry development in Elkhorn, Nebraska. Located at the intersection of S 204th and George B Lake Parkway, this property boasts a highly desirable MU (Mixed-Use) zoning designation, offering flexibility for a variety of commercial ventures. The site is strategically positioned within a 120-acre mixed-use development, enjoying proximity to established businesses such as the Hy-Vee Fast & Fresh grocery store and the ACI Worldwide headquarters and campus. The area also features a blend of residential, office, and retail establishments, including Children's Hospital and Medical Center. With a daily traffic count of 31,950 vehicles, this location ensures high visibility and accessibility. The lot encompasses 48,740 square feet and is priced at $20 per square foot, totaling $974,800. Its proximity to Millard Horizon Middle School and New Gretna High School adds to its appeal. This is an exceptional opportunity to establish a presence in a rapidly growing and well-established community. The property's strategic location and mixed-use zoning make it ideal for a variety of commercial uses, including, but not limited to, fast-food restaurants.

    Property Features for 204th And George B Lk Pkwy

    General Information

    Property type
    Land
    Lot Size
    48,700 SF

    HighLights

    • 1.118‑acre lot, 48,740 square feet
    • $20.00 per square foot sale price
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Omaha
    County
    Douglas
    State
    Nebraska
    Longitude
    -96.235925
    Latitude
    41.198267

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    FAQs

    What type of property is this?
    Land - Prime Elkhorn location, mixed-use zoning. High traffic count.
    Where is this land located?
    The property is located at 204th And George B Lk Pkwy Omaha, NE.
    What is the asking price?
    The asking price for this property is $974,800.
    What are key features of this property?
    This property features: 1.118-acre lot, 48,740 square feet; $20.00 per square foot sale price;
    (402) 557-6006
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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 And George B Lk Pkwy Omaha, NE 68022
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