204th & Harrison Nec Omaha, NE 68022
Legado Plaza presents a unique investment opportunity encompassing 69 acres of prime commercial land in Elkhorn, Nebraska, situated in Douglas County, zip code 68022. This expansive property is strategically located at the intersection of 204th and Harrison Streets (Northeast Corner). The site offers significant development potential, divided into two key parcels. Forty acres are designated for commercial and mixed-use development, perfectly suited for a variety of businesses and projects. An additional 29 acres are zoned for multifamily residential, assisted living facilities, or civic uses, providing flexibility for a diverse range of development options. The property's exceptional location along the 204th Street corridor places it in close proximity to thriving commercial activity. A key advantage is its position directly across from the established Coventry mixed-use and residential development, ensuring high visibility and access to a substantial existing customer base. This presents a rare chance to capitalize on the growth and momentum of this rapidly developing area. The property's size and zoning flexibility make it ideal for large-scale projects or a phased development approach. Detailed site plans and zoning information are available upon request. This is an exceptional opportunity to acquire a significant land holding in a high-growth area of Omaha.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.