Property profile

192nd Dodge Rd Omaha, NE 68022

OFF-MARKET
Land
794,099 SF 9 ac lot
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Land
Total area 794,099 SF
Lot 9 ac (392,040 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

192nd Dodge Rd Omaha, NE 68022
Omaha metro
Google Maps

Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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