0 138Th St Springfield, NE 68059
This exceptional 9.5-acre parcel presents a remarkable opportunity for residential development in the thriving Springfield, Nebraska area. Located in Sarpy County, near the intersection of Highway 50 and Pflug Road, this property offers convenient access to major transportation routes. Just a short, 5-10 minute drive from the Omaha Metro Area and seven miles from I-80 access, this land boasts an enviable location. The asking price is $2,689,830, translating to a land value of $6.50 per square foot. The property's strategic position near multiple data centers adds to its investment appeal. Furthermore, this parcel is designated for Phase 1A of the sewer expansion, streamlining the development process and reducing potential infrastructure hurdles. Zoned for medium-density or multifamily residential use, this site is perfectly suited for a variety of projects, offering significant potential for substantial returns. The address is S 138th St, Springfield, NE 68059. Directions: From Springfield, NE, travel south on Highway 50 for 0.5 miles, then turn left onto Pflug Road. Travel east on Pflug Road for 0.5 miles
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.