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    13457 Mormon Plz Omaha, NE 68142

    For Sale
    $4,571,666

    Prime Omaha land, ideal for multifamily development.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    360
    This exceptional 31.9-acre commercial and residential land parcel is situated at the southwest corner of 132nd and State Street in Omaha, Nebraska (68142), within Douglas County. Zoned R6, this property presents a unique opportunity for various development projects. A 400-unit apartment community site plan is available, making it an attractive option for multifamily development. However, alternative uses such as church or civic buildings are also possible. The land is roughly graded and features existing utilities, simplifying the development process. While the seller prefers a single sale of the entire property, subdivision options are available. The asking price is $4,571,666. The price per square foot varies by lot, ranging from $2.49 to $5.25. The property's location offers convenient access to neighboring amenities, including A View on State, Alfonza David Middle School, and The Players Club at Deer Creek. A small portion of Lot 1 falls within a flood plain. The total gross square footage is approximately 1,389,564 square feet. This property offers significant potential for investors seeking a large-scale development project in a desirable Omaha location. Detailed lot sizes are as follows: Lot 1 (approximately 13.5 acres), Lot 2 (approximately 4.9 acres), Lot 3 (approximately 9.1 acres), and Lot 4 (approximately 4.4 acres).

    Property Features for 13457 Mormon Plz

    General Information

    Property type
    Land
    Lot Size
    1,389,564 SF

    HighLights

    • $4,571,666 asking price for all lots.
    • 31.9‑acre parcel, approximately 1,389,564 square feet.
    • $143,312 per acre; $3.29 per square foot (average). Individual lot pricing ranges from $2.49 to $5.25 per square foot.
    • R6 zoning.
    • Irregular lot dimensions; four lots totaling approximately 31.9 acres: Lot 1 (approx. 13.5 acres), Lot 2 (approx. 4.9 acres), Lot 3 (approx. 9.1 acres), and Lot 4 (approx. 4.4 acres).
    • Rough grading; utilities in street.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Omaha
    County
    Douglas
    State
    Nebraska
    Longitude
    -96.12320563
    Latitude
    41.33365619

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    FAQs

    What type of property is this?
    Land - Prime Omaha land, ideal for multifamily development.
    Where is this land located?
    The property is located at 13457 Mormon Plz Omaha, NE.
    What is the asking price?
    The asking price for this property is $4,571,666.
    What are key features of this property?
    This property features: $4,571,666 asking price for all lots.; 31.9-acre parcel, approximately 1,389,564 square feet.; $143,312 per acre; $3.29 per square foot (average). Individual lot pricing ranges from $2.49 to $5.25 per square foot.
    (402) 393-8811
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    13457 Mormon Plz Omaha, NE 68142
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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
    13457 Mormon Plz Omaha, NE 68142
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