0 Hwy 275 & Meigs St, Valley, NE 68064
This exceptional 260-acre development in Valley, Nebraska (Douglas County, zip code 68064), presents a unique investment opportunity. Located at the intersection of Highway 275 & Meigs Street, this property boasts a diverse range of zoning designations (R2, R3, C3), allowing for flexible development options. The site includes over 64 acres designated for commercial space, offering both retail and flex opportunities, with lot pricing ranging from $7.00 to $20.00 per square foot for commercial/retail and $8.00 to $16.00 per square foot for commercial/flex space. In addition to the commercial component, the development encompasses over 115 acres for single-family and multifamily residential construction. A significant amenity is the integrated 96-acre First Interstate SportsPlex, a state-of-the-art facility featuring soccer, baseball, and softball fields, including an adaptive sports field, projected to attract over 200,000 visitors annually by 2027. Further enhancing the development's appeal is a 25-acre community lake and walking trails. The land value is $4.50 per square foot. This development offers a compelling blend of commercial, residential, and recreational uses, creating a vibrant and attractive community. The property's strategic location and diverse offerings make it an ideal investment for developers seeking a high-growth area with significant potential. For complete details, please visit the provided website.
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.