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    204Th St Omaha, NE 68135

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    For Sale
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    Mixed-use development land, Elkhorn, NE.

    Property size:
    39,204 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    Kensington Park presents a unique investment opportunity in the thriving Elkhorn, Nebraska market. This mixed-use development, situated at the Northwest corner of 204th and Q Street, offers eleven available lots ranging from one to 6.66 acres. The property boasts a prime location with high visibility to over 32,950 vehicles per day, thanks to its frontage on 204th Street, a key connector between Elkhorn and Gretna. Zoned for mixed-use development, these parcels are ideal for a variety of commercial ventures, including retail, office, and multifamily projects. The total buildable square footage ranges from 39,204 to 1,009,980 square feet, providing flexibility for projects of various scales. The land value, priced between $19 and $23 per square foot, reflects the exceptional growth potential of this area. This development benefits from a growing population with high household incomes, making it an attractive location for businesses and residents alike. Located in Douglas County, Nebraska, with a zip code of 68135, Kensington Park offers an unparalleled opportunity to capitalize on the dynamic growth of this area. The property's strategic location and flexible zoning make it an exceptional investment for discerning developers.

    Property Features for 0 204Th St

    General Information

    Property type
    Land
    Square Feet
    39,204 SF
    Lot Size
    43,560 SF

    HighLights

    • Mixed‑use development with 204th Street frontage in Elkhorn, NE.
    • 204th Street provides direct access between Elkhorn and Gretna.
    • Eleven lots available, ranging from 1 to 6.66 acres.
    • High visibility location with over 32,950 vehicles per day (VPD) and a growing population with high household incomes.
    • Land priced from $19 to $23 per square foot.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Omaha
    County
    Douglas
    State
    Nebraska
    Longitude
    -96.2342577
    Latitude
    41.2047984

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    FAQs

    What type of property is this?
    Land - Mixed-use development land, Elkhorn, NE.
    Where is this land located?
    The property is located at 204Th St Omaha, NE.
    What are key features of this property?
    This property features: Mixed-use development with 204th Street frontage in Elkhorn, NE.; 204th Street provides direct access between Elkhorn and Gretna.; Eleven lots available, ranging from 1 to 6.66 acres.
    (402) 330-8000
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    204Th St Omaha, NE 68135
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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
    204Th St Omaha, NE 68135
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