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    333 72Nd St Omaha, NE 68114

    Sponsored
    For Sale
    $2,740,000

    Omaha commercial land, high traffic

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional Omaha, Nebraska commercial land opportunity presents a prime development site at a bustling intersection. Located at 333 S 72nd St, in Douglas County, zip code 68114, this property boasts over 530 feet of frontage along heavily trafficked S. 72nd Street, offering unparalleled visibility. The lot size ranges from 0.56 to 1.32 acres, with a land value of $48.34 per square foot. The asking price is $2,740,000. Zoned CC-ACI, this site is ideally positioned to capitalize on the significant growth in the area, including the proximity to the University of Nebraska at Omaha (approximately 16,000 students), and the planned $600 million redevelopment of Crossroads Mall (2025) and the new $150 million Omaha Public Library (2026). The property benefits from an estimated average daily traffic count exceeding 85,000 vehicles, making it an exceptional location for retail development. The seller will consider both a sale or a ground lease, with the flexibility to purchase the property as individual parcels or as a combined unit. This signalized hard corner lot presents a rare opportunity for significant return on investment.

    Property Features for 333 72Nd St

    General Information

    Property type
    Land
    Lot Size
    24,394 SF

    HighLights

    • High visibility with 85,000 estimated average daily traffic.
    • Hard corner lot with signalized intersection.
    • Excellent street frontage: 530+ feet along S. 72nd Street.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Omaha
    County
    Douglas
    State
    Nebraska
    Longitude
    -96.023760783562
    Latitude
    41.257913363389

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    FAQs

    What type of property is this?
    Land - Omaha commercial land, high traffic
    Where is this land located?
    The property is located at 333 72Nd St Omaha, NE.
    What is the asking price?
    The asking price for this property is $2,740,000.
    What are key features of this property?
    This property features: High visibility with 85,000 estimated average daily traffic.; Hard corner lot with signalized intersection.; Excellent street frontage: 530+ feet along S. 72nd Street.
    (402) 548-4064
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    333 72Nd St Omaha, NE 68114
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    Omaha, NE 68114
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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
    333 72Nd St Omaha, NE 68114
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