0 Center Rd Omaha, NE 68022
This exceptional commercial land offering in Omaha, Nebraska, presents a unique investment opportunity. Located at the southeast corner of 204th and West Center Road, this property comprises two contiguous lots (Lot 3: 1.223 acres, Lot 4: 3.42 acres), totaling 4.643 acres, and is zoned MU (Mixed Use). The site boasts unparalleled visibility to over 50,000 vehicles daily on a major growth corridor between Elkhorn and Gretna. The property is situated amidst a thriving community, with nearby amenities including Hy-Vee, Starbucks, luxury apartments, and a variety of retail and service businesses. The high-income demographics ($133,764 average household income) and proximity to established residential developments (Privada, Grandview, and Blue Sage, featuring over 500 homes valued at $400,000+) create a strong foundation for future development. The developer offers flexible deal structures, including build-to-suit, land lease, reverse build-to-suit, and outright sale, catering to diverse investment strategies. The available square footage ranges from 5,000 to 45,000 square feet, with land value priced at $20 to $25 per square foot. Full access is provided off 204th Street, ensuring convenient access and optimal visibility to both 204th Street and West Center Road. This is an ideal location for retailers, restaurants, office, medical, and fitness users seeking high visibility and a strong market presence.
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.