1225 192Nd St Omaha, NE 68022
- Commercial real estate
- 4.85 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 1225 192Nd St
- Lot size
- 4.85 lot acres
- Property type
- Commercial real estate
Description
This exceptional 4.85-acre residential development land parcel is situated in Omaha, Nebraska, at 1225 N 192nd St, zip code 68022, in Douglas County. Currently zoned AG, a transition to R5 (Residential-5) is proposed, making it ideal for high-end homes, townhomes, or senior living facilities. The asking price is $1,000,000, translating to a land value of $4.73 per square foot. This location boasts convenient access to major amenities, including Elkhorn High School, Metro Community College, and Methodist Women's Hospital, all within a four-minute drive. Furthermore, it's a two-minute drive from the $1.2 billion Avenue One development, indicating strong potential for appreciation. The property offers easy access to storm, sanitary, and water utilities. Nearby comparable properties show Zestimates ranging from $620,000 to $2.11 million, suggesting significant potential for return on investment. An adjacent 4.9-acre parcel is also available for purchase, totaling 9.75 acres if acquired together. This presents a unique opportunity to develop a substantial residential community in a highly desirable area.
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
- -96.21569635
- Latitude
- 41.2710549
