120th & Giles Rd Prt La Vista, NE 68128
This exceptional 3.58-acre commercial land parcel presents a remarkable investment opportunity in La Vista, Nebraska. Located at the highly visible, fully-lighted southeast corner of Giles Road and West Giles Road, this property benefits from exceptional visibility and accessibility. Zoned C-3 (Highway Commercial/Office Park District), it's ideally suited for a variety of commercial developments. The site enjoys a strategic position just east of I-80, boasting impressive traffic counts: I-80 averages 96,300 vehicles per day (2012 data), while Giles Road sees over 25,000 vehicles per day (2015 data). Its proximity to the La Vista Conference Center, which hosts 20-30 major conferences annually, and the future Nebraska Multi-Sports Complex, further enhances its appeal. A strong employee base of 7,250 individuals within a one-mile radius ensures a robust customer base. The surrounding area is thriving, featuring established developments like Southport East and Southport West, which include a mix of retail, hospitality, and office spaces, anchored by major businesses such as PayPal, Securities America, Cabela's, Costco, and numerous hotels and restaurants. The land is street level grade, offering immediate development potential. The asking price is $1,990,000, with a land value of $12.75 per square foot. This is a rare opportunity to acquire a premier commercial site in a rapidly growing area.
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.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.