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    20120 Oak St Omaha, NE 68130

    For Sale
    $2,314,342

    Prime 2.53-acre commercial lot, high traffic.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 2.53-acre commercial land parcel is situated at the southeast corner of 204th and West Center Road in Omaha, Nebraska, within Douglas County (zip code 68130). The property is zoned MU and offers significant development potential. The asking price is $2,314,342.80, translating to a land value of $21 per square foot. Given its prominent location, the site boasts high visibility and accessibility, with an estimated 40,248 vehicles passing daily on the nearby intersection of 204th and Blue Sage Parkway (data from 2021). The expansive lot allows for the construction of two freestanding buildings, potentially incorporating features such as mezzanine levels and roof decks. Ample parking is accommodated with a capacity for 140 stalls. While build-to-suit options are available, ranging from a minimum of 6,000 square feet to a maximum of 18,200 square feet in continuous space, lease rates are to be determined. This property presents a unique investment opportunity for developers seeking a high-traffic location with substantial development potential in a thriving Omaha commercial area. The address is 20120 Oak St, Omaha, NE.

    Property Features for 20120 Oak St

    General Information

    Property type
    Land
    Lot Size
    110,207 SF

    HighLights

    • 2.53‑acre commercial land parcel for sale at $21/SF, totaling $2,314,342.80.
    • Located at 20120 Oak St, Omaha, NE (204th & W Center Rd), zoned MU.
    • High visibility with 40,248 VPD at nearby intersection.
    • Build‑to‑suit options available from 6,000 SF to 18,200 SF maximum continuous space; lease rate TBD.
    • Potential for two freestanding buildings with up to 140 parking stalls.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply 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
    -96.230873
    Latitude
    41.231704

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    FAQs

    What type of property is this?
    Land - Prime 2.53-acre commercial lot, high traffic.
    Where is this land located?
    The property is located at 20120 Oak St Omaha, NE.
    What is the asking price?
    The asking price for this property is $2,314,342.
    What are key features of this property?
    This property features: 2.53-acre commercial land parcel for sale at $21/SF, totaling $2,314,342.80.; Located at 20120 Oak St, Omaha, NE (204th & W Center Rd), zoned MU.; High visibility with 40,248 VPD at nearby intersection.
    (402) 680-4651
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    20120 Oak St Omaha, NE 68130
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    Omaha, NE 68130
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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
    20120 Oak St Omaha, NE 68130
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