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Property profile & analytics
OFF-MARKET
Land

0 138Th St Springfield, NE 68059

9.5 ac lot
Property ID
Property summary
AI-generated overview

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

Property profile
Verified
Property type Land
Lot 9.5 ac (413,820 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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