111th St And Blondo St Omaha, NE 68164
This exceptional commercial land investment opportunity encompasses three lots totaling between 1.66 and 5.33 acres, strategically located at the intersection of 111th Street and Blondo Street in Omaha, Nebraska, zip code 68164. The property is zoned Mixed-Use (MU), incorporating site development regulations consistent with Community Commercial (CC) zoning. This versatile zoning allows for a wide range of development possibilities, making it ideal for various commercial ventures. The asking price for the entire parcel ranges from $674,307, with a land value of $9 to $11.5 per square foot. The location offers unparalleled accessibility, situated just two minutes from Interstate 680 and three minutes from Dodge Street, ensuring high visibility and convenient access for businesses and customers. The property's potential is further enhanced by the planned construction of a HyVee Fast & Fresh store at the northeast corner of 111th and Blondo Streets, promising increased foot traffic and commercial activity in the immediate vicinity. The seller is open to build-to-suit options and developing flex buildings for lease on the lots, presenting a unique opportunity for investors seeking a tailored approach to their commercial real estate portfolio. This prime location and flexible zoning make this an exceptional investment opportunity for developers and businesses seeking a strategic foothold in a thriving Omaha 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
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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.