Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    22160 Buchanan Pkwy Gretna, NE 68028

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    6.78-acre build-ready apartment site in Gretna, NE.

    Property Features for 22160 Buchanan Pkwy

    General Information

    Property type
    Multifamily properties
    Lot Size
    295,337 SF

    We can help!

    Listing Contact
    Mike Potthoff
    Mike Potthoff

    Listing Agency: Colliers - Omaha, Nebraska Listing Agent: Mike Potthoff

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    This exceptional 6.78-acre site, located at 22160 Buchanan Pkwy in Gretna, Nebraska (zip code 68028), presents a prime opportunity for the development of a substantial multifamily project. Situated within the Harvest Creek Subdivision at the intersection of Lincoln Highway and South 222nd Street, this property is ideally positioned in a rapidly growing area. The site is planned for a 135-unit apartment complex, complete with amenities such as a clubhouse, swimming pool, and garages. Residents will enjoy convenient access to a dedicated bike and walking path traversing the development. Furthermore, the location offers unparalleled connectivity, with quick access to major transportation arteries including Highway 6, Highway 370, and Interstate 80. This build-ready parcel in Sarpy County provides developers with a unique chance to capitalize on the thriving Gretna market and create a highly desirable apartment community. The property's size and strategic location make it an attractive investment for those seeking to develop a significant multifamily project in a high-growth area of Nebraska. Coordinates are 41.15400231888672 latitude and -96.25340941722388 longitude.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Building Supply Auto Repair Shop Pharmacy Gym & Fitness Center Big Box & Wholesale Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Gretna
    County
    Sarpy
    State
    Nebraska
    Longitude
    -96.253409417224
    Latitude
    41.154002318887

    Nearby Similar for Sale

    • $1,322,580
      5,628 SF

      Well-Maintained Industrial Property with Storage

      Industrial property featuring leased and vacant spaces with outdoor storage.
      13597-13611 S 217Th St, Gretna, NE 68028
      View Details
    • $1,322,580
      5,628 SF

      Highway 6 Industrial Property

      Well-maintained industrial property near Highway 6 with fenced storage.
      13597 S 217Th St, Gretna, NE 68028
      View Details
    • Contact for pricing
      3,654 SF

      New McDonald's NNN Ground Lease

      New construction McDonald's with corporate guaranty in high-growth Omaha suburb.
      19413 Oakmont Dr, Gretna, NE
      View Details
    • Contact for pricing
      2,200 SF

      New Starbucks Lease in Gretna

      New construction Starbucks with a 10-year lease in Gretna.
      19513 Oakmont Dr, Gretna, NE
      View Details
    • Contact for pricing
      9,956 SF

      Retail Property in Gretna, Nebraska

      Retail property available for sale in Gretna, Nebraska.
      10819 S 192Nd Ave, Gretna, NE 68028
      View Details
    • $5,661,538
      9,956 SF

      Gretna Walgreens Investment

      Brand new Walgreens, prime Gretna location.
      10819 S 192nd Ave, Gretna, NE 68028
      View Details
    • $1,200,000
      7,120 SF

      Gretna Industrial

      Flex space • 7,120 SF
      11617 216Th St, Gretna, NE 68028
      View Details

    FAQs

    What type of property is this?
    Multifamily property - 6.78-acre build-ready apartment site in Gretna, NE.
    Where is this multifamily property located?
    The property is located at 22160 Buchanan Pkwy Gretna, NE.
    What are key features of this property?
    This property features: 6.78-acre build-ready multifamily site in Gretna, NE.; Located in the Harvest Creek Subdivision, designed for a 135-unit apartment complex.; Amenities include a clubhouse, pool, and garages.
    (402) 345-5866 Call to check price and availability
    Request Owner's contact information
    22160 Buchanan Pkwy Gretna, NE 68028
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    22160 Buchanan Pkwy
    Gretna, NE 68028
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    22160 Buchanan Pkwy Gretna, NE 68028
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Mike Potthoff
    Mike Potthoff
    Real Estate License ID: 20150270
    (402) 345-5866 (402) 763-1751
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!