16102 Entire Plat Bennington Bennington, NE 68007
This exceptional 22.63-acre property in Bennington, Nebraska, presents a significant redevelopment opportunity. Located in the rapidly growing Highway Corridor District, this mixed-use land boasts exceptional visibility and access. The site includes a recently renovated 2,000 square-foot building (2021), featuring two bathrooms and a kitchen, offering immediate income potential while development plans are underway. Currently zoned TA, the Bennington Planning Commission has recommended approval for C4 Flex Business District zoning, ideal for light manufacturing, technology, professional services, and limited retail. This zoning change aims to foster growth and enhance the area's economic vitality. The property's total square footage is 985,762, with a building already in place. The asking price is $3,250,000, translating to $3.30 per square foot. The land value alone ranges from $3.03 to $5.87 per square foot. The property is offered fee simple and is suitable for a 1031 exchange. The seller is open to splitting off a smaller parcel including the existing building. This prime location offers unparalleled potential for investors seeking a high-impact project in a thriving Nebraska community.
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
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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.