192nd Dodge Rd Omaha, NE 68022
- Land
- 794,099 SF
- 9.00 lot acres
Current Use by Public Records
- Land
Property Details for 192nd Dodge Rd
- Lot size
- 9.00 lot acres
- Property size
- 794,099 SF
- Property type
- Land
Description
This exceptional 9-18.23 acre multifamily land parcel in Elkhorn, Nebraska, presents a unique investment opportunity. Located at the intersection of 192nd & W Dodge Rd, this property boasts a substantial 794,099 square feet and is zoned MU, permitting high-density residential development. The site is part of the Avenue One development, envisioned to include approximately 700,000 square feet of office space and 1,500 residential units. This location offers convenient access to Omaha's primary east-west corridor, West Dodge Road, and benefits from its proximity to established, high-quality single-family neighborhoods. The Avenue One development plan emphasizes walkability and livability, incorporating parks, trails, and paths. The property's location within an Enhanced Employment Area results in annual real estate tax savings compared to a Sanitary Improvement District. Detailed vision documents and architectural guidelines ensure development continuity within the Avenue One community. The land is priced at $6.75 per square foot, or approximately $294,030 per acre. This is a rare chance to acquire a significant parcel in a thriving, well-planned community with substantial potential for high-density residential construction. The land value ranges from $6 to $8.75 per square foot.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Omaha
- County
- Douglas
- State
- Nebraska
- Longitude
- -96.2088
- Latitude
- 41.2591
