Contiguous Development
For Sale
$4,895,000
E Lincoln Beltway, Walton, NE 68461
Land, Walton, NE
Property SizeContact for details
Lot Size140.00 Acres
Days on Market79
Property Features for E Lincoln Beltway
General Information
Property type
Land
Property subtype
Other
Directions
From East Lincoln proceed to the intersection South 98th Street and Old Cheney Road head east on Old Cheney to South 120th Street. The property is located on the northside of Old Cheney between South 120th and South 131st streets.
Standard status
Active
Lot size
140.00 Acres
Taxes and HOA fees
Tax Annual Amount
5595
Listing Agency:
American Legacy Land Company
(308) 991-9544
Listed By:
Robert Osborne
(308) 991-9544
Added: Jun 15
Changed: Aug 25
Last Checked: Sep 1 at 1:06PM
MLS# 11885420
Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This offering consists of approximately 140+/- acres comprised of seven contiguous parcels, with parcel sizes ranging from 19.46 acres to 21.00 acres. The property’s configuration and extensive road frontage are intended to support multiple development options, including the possibility of multiple 3- to 5-acre acreage home sites, subject to Lancaster County approval and applicable zoning requirements.
The land is situated less than two miles from the South 98th Street and Old Cheney Road intersection and is positioned within a growth corridor surrounding Lincoln in Lancaster County. The property is currently operated by a local tenant, who will retain farming rights through the 2026 crop season. No development activities, construction, or disturbance of the existing crop ground may occur until the 2026 crop has been harvested.
Any future lease arrangements would be negotiated directly between the buyer and the tenant. The current setup provides an opportunity to maintain agricultural income while planning, engineering, zoning, and development activities are pursued.
The land is situated less than two miles from the South 98th Street and Old Cheney Road intersection and is positioned within a growth corridor surrounding Lincoln in Lancaster County. The property is currently operated by a local tenant, who will retain farming rights through the 2026 crop season. No development activities, construction, or disturbance of the existing crop ground may occur until the 2026 crop has been harvested.
Any future lease arrangements would be negotiated directly between the buyer and the tenant. The current setup provides an opportunity to maintain agricultural income while planning, engineering, zoning, and development activities are pursued.
Key Highlights
- 140 +/- acres made up of seven contiguous parcels totaling 19.46 to 21.00 acres each
- Less than 2 miles from the South 98th Street and Old Cheney Road intersection
- Extensive road frontage with multiple development configurations for future planning
Property Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
8
Businesses Nearby
Explore this area
Business Placement
Demographics for 68461, NE
708
Population
276
Households
2.6
Avg Household Size
45
Median Age
64%
College-Educated
100%
High-School Grad
23.6 sq mi
ZIP Area
30
Density / Sq Mi
$82,232
Median Earnings
$486,100
Median Home Value
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Agricultural land / Farmland - 140+/- acres offered as seven contiguous parcels, currently farmed through the 2026 crop season with extensive road frontage.
Where is this agricultural land / farmland located?
The property is located at E Lincoln Beltway Walton, NE.
What is the asking price?
The asking price for this property is $4,895,000.
What are key features of this property?
This property features: 140 +/- acres made up of seven contiguous parcels totaling 19.46 to 21.00 acres each; Less than 2 miles from the South 98th Street and Old Cheney Road intersection; Extensive road frontage with multiple development configurations for future planning
