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Property profile & analytics
OFF-MARKET
Land

13457 Mormon Plz Omaha, NE 68142

31.9 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 31.9-acre commercial and residential land parcel is situated at the southwest corner of 132nd and State Street in Omaha, Nebraska (68142), within Douglas County. Zoned R6, this property presents a unique opportunity for various development projects. A 400-unit apartment community site plan is available, making it an attractive option for multifamily development. However, alternative uses such as church or civic buildings are also possible. The land is roughly graded and features existing utilities, simplifying the development process. While the seller prefers a single sale of the entire property, subdivision options are available. The asking price is $4,571,666. The price per square foot varies by lot, ranging from $2.49 to $5.25. The property's location offers convenient access to neighboring amenities, including A View on State, Alfonza David Middle School, and The Players Club at Deer Creek. A small portion of Lot 1 falls within a flood plain. The total gross square footage is approximately 1,389,564 square feet. This property offers significant potential for investors seeking a large-scale development project in a desirable Omaha location. Detailed lot sizes are as follows: Lot 1 (approximately 13.5 acres), Lot 2 (approximately 4.9 acres), Lot 3 (approximately 9.1 acres), and Lot 4 (approximately 4.4 acres).

Property profile
Verified
Property type Land
Lot 31.9 ac (1,389,564 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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