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    1225 192Nd St Omaha, NE 68022

    Sponsored
    For Sale
    $1,000,000

    4.85 Acres, Prime Location, $1M

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    394
    This exceptional 4.85-acre residential development land parcel is situated in Omaha, Nebraska, at 1225 N 192nd St, zip code 68022, in Douglas County. Currently zoned AG, a transition to R5 (Residential-5) is proposed, making it ideal for high-end homes, townhomes, or senior living facilities. The asking price is $1,000,000, translating to a land value of $4.73 per square foot. This location boasts convenient access to major amenities, including Elkhorn High School, Metro Community College, and Methodist Women's Hospital, all within a four-minute drive. Furthermore, it's a two-minute drive from the $1.2 billion Avenue One development, indicating strong potential for appreciation. The property offers easy access to storm, sanitary, and water utilities. Nearby comparable properties show Zestimates ranging from $620,000 to $2.11 million, suggesting significant potential for return on investment. An adjacent 4.9-acre parcel is also available for purchase, totaling 9.75 acres if acquired together. This presents a unique opportunity to develop a substantial residential community in a highly desirable area.

    Property Features for 1225 192Nd St

    General Information

    Property type
    Land
    Lot Size
    211,266 SF

    HighLights

    • 4.85‑acre residential development site in Omaha, NE (1225 N 192nd St, 68022) with proposed R5 zoning.
    • Adjacent 4.9‑acre parcel available for purchase (total 9.75 acres).
    • Ideal for high‑end homes, townhomes, or senior living; comparable sales range from $620,000 to $2.11 million.
    • Zoning transition from AG to R5.
    • Utilities readily available (storm, sanitary, water).
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Omaha
    County
    Douglas
    State
    Nebraska
    Longitude
    -96.21569635
    Latitude
    41.2710549

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    FAQs

    What type of property is this?
    Land - 4.85 Acres, Prime Location, $1M
    Where is this land located?
    The property is located at 1225 192Nd St Omaha, NE.
    What is the asking price?
    The asking price for this property is $1,000,000.
    What are key features of this property?
    This property features: 4.85-acre residential development site in Omaha, NE (1225 N 192nd St, 68022) with proposed R5 zoning.; Adjacent 4.9-acre parcel available for purchase (total 9.75 acres).; Ideal for high-end homes, townhomes, or senior living; comparable sales range from $620,000 to $2.11 million.
    (402) 702-2708
    Request Owner's contact information
    1225 192Nd St Omaha, NE 68022
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    Omaha, NE 68022
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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
    1225 192Nd St Omaha, NE 68022
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