I Rd Syracuse, NE 68446
This exceptional 34.56-acre parcel in Syracuse, Nebraska, presents a remarkable opportunity for residential development or home building. A pre-approved plat, ready for city approval, streamlines the development process. Extensive grading, completed approximately ten years ago, is estimated to remain in good condition, minimizing upfront costs. Utilities are conveniently located nearby, with water, gas, and electric readily accessible. Sewer options include septic systems or the construction of a pump house. The property benefits from its proximity to a recently constructed, expanding grain elevator, reflecting the area's robust agricultural sector. The location is also strategically positioned near the Nebraska Prison in Tecumseh (20 minutes south), contributing to the high demand for housing. Syracuse itself is a thriving community, experiencing significant growth, situated on Highway 2, a four-lane highway. Its convenient location offers easy access to Lincoln (30 minutes east) and Omaha (45 minutes south). The town boasts a full complement of schools (elementary, middle, and high school), and a newly completed hospital further enhances its appeal. This property offers a unique blend of infrastructure readiness, strategic location, and strong market demand, making it an ideal investment for discerning developers.
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
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.