156th St Omaha, NE 68116
Exceptional commercial land opportunity in Omaha, Nebraska, at the Northwest corner of 156th and State Street. This prime location offers 1.26 to 9.43 acres of land zoned MU (Mixed Use), presenting a unique investment prospect. The land value ranges from $6 to $14 per square foot. Situated just two miles from a new dam site and a 225-acre lake, similar to Lake Zorinsky, this property benefits from the recreational advantages this proximity offers. The area is experiencing explosive residential growth, with 200 new multifamily units adjacent to the site. This makes it ideal for service retail users in a vastly underserved market. State Street is designated by the City of Omaha as a major commercial corridor, ensuring high visibility and accessibility. Anchor and pad sites are available in Fall 2022. The property is within the Bennington School District and is served by a regional storm water facility designed for the entire development. This is a rare chance to acquire land in a rapidly developing area with significant potential for long-term growth and return on investment. The property's mixed-use zoning allows for a variety of development options, catering to diverse business needs. This presents a compelling opportunity for investors seeking to capitalize on Omaha's thriving commercial real estate market.
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
Similar Nearby for Sale
Similar Nearby for Lease
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.