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    111th St And Blondo St Omaha, NE 68164

    Sponsored
    For Sale
    $674,307

    Three lots, flexible zoning, prime location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional commercial land investment opportunity encompasses three lots totaling between 1.66 and 5.33 acres, strategically located at the intersection of 111th Street and Blondo Street in Omaha, Nebraska, zip code 68164. The property is zoned Mixed-Use (MU), incorporating site development regulations consistent with Community Commercial (CC) zoning. This versatile zoning allows for a wide range of development possibilities, making it ideal for various commercial ventures. The asking price for the entire parcel ranges from $674,307, with a land value of $9 to $11.5 per square foot. The location offers unparalleled accessibility, situated just two minutes from Interstate 680 and three minutes from Dodge Street, ensuring high visibility and convenient access for businesses and customers. The property's potential is further enhanced by the planned construction of a HyVee Fast & Fresh store at the northeast corner of 111th and Blondo Streets, promising increased foot traffic and commercial activity in the immediate vicinity. The seller is open to build-to-suit options and developing flex buildings for lease on the lots, presenting a unique opportunity for investors seeking a tailored approach to their commercial real estate portfolio. This prime location and flexible zoning make this an exceptional investment opportunity for developers and businesses seeking a strategic foothold in a thriving Omaha market.

    Property Features for 111th St And Blondo St

    General Information

    Property type
    Land
    Lot Size
    72,310 SF

    HighLights

    • Commercial land available for sale, suitable for flex/retail development.
    • Flex space available for lease in potential new buildings.
    • Mixed‑Use (MU) zoning with Community Commercial (CC) overlay.
    • Build‑to‑suit and lease options available for flex buildings.
    • Hy‑Vee Fast & Fresh planned nearby at 11th & Blondo.
    • Excellent access to I‑680 (2 minutes) and Dodge Street (3 minutes).
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Omaha
    County
    Douglas
    State
    Nebraska
    Longitude
    -96.0856561
    Latitude
    41.27807712

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    FAQs

    What type of property is this?
    Land - Three lots, flexible zoning, prime location.
    Where is this land located?
    The property is located at 111th St And Blondo St Omaha, NE.
    What is the asking price?
    The asking price for this property is $674,307.
    What are key features of this property?
    This property features: Commercial land available for sale, suitable for flex/retail development.; Flex space available for lease in potential new buildings.; Mixed-Use (MU) zoning with Community Commercial (CC) overlay.
    (402) 255-6076
    Request Owner's contact information
    111th St And Blondo St Omaha, NE 68164
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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
    111th St And Blondo St Omaha, NE 68164
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