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    5308 136Th St Omaha, NE 68137

    Sponsored
    For Sale
    $650,000

    Omaha Commercial Land: 1.97 Acres

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This 1.97-acre commercial land parcel, located at 5308 S 136th St in Omaha, Nebraska, is offered at $650,000. Situated in the desirable Millard area, this level lot boasts a CC zoning designation, allowing for diverse commercial uses. The property enjoys high visibility and convenient access from Q Street and Discovery Drive, placing it within close proximity to a thriving retail center, Deerfield Place (128,000 sq ft), featuring established businesses such as USPS, Crunch Fitness, and others. Its strategic location across from Discovery Sports Complex and Discovery Plaza ensures significant foot traffic and exposure. The property's size is 85,944 square feet, with 2024 real estate taxes totaling $16,255. This exceptional opportunity presents a prime location for a variety of commercial ventures in a rapidly growing area of Omaha. The property ID is 0916905037, and the parcel is conveniently located at the intersection of S 136th Street and Discovery Drive. This is a rare opportunity to acquire a significant land parcel in a high-demand location.

    Property Features for 5308 136Th St

    General Information

    Property type
    Land
    Lot Size
    85,813 SF

    HighLights

    • 1.97‑acre land parcel available for $650,000 ($7.56 PSF).
    • Located at the intersection of 136th Street and Discovery Drive in Southwest Omaha's Deerfield Place.
    • 85,944 square feet of level, vacant land.
    • 2024 real estate taxes: $16,255.
    • Douglas County, NE; County ID: 0916905037; CC Zoning.
    Property Profile 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 Gym & Fitness Building Supply

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

    Location Insight

    • Map
    • Local Demand
    City
    Omaha
    County
    Douglas
    State
    Nebraska
    Longitude
    -96.123934909481
    Latitude
    41.202900938258

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    FAQs

    What type of property is this?
    Land - Omaha Commercial Land: 1.97 Acres
    Where is this land located?
    The property is located at 5308 136Th St Omaha, NE.
    What is the asking price?
    The asking price for this property is $650,000.
    What are key features of this property?
    This property features: 1.97-acre land parcel available for $650,000 ($7.56 PSF).; Located at the intersection of 136th Street and Discovery Drive in Southwest Omaha's Deerfield Place.; 85,944 square feet of level, vacant land.
    (402) 697-5806
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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
    5308 136Th St Omaha, NE 68137
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