17950 Burt St, Omaha, NE 68118
- Automotive properties
- 66,948 SF
- 6.09 lot acres
Current Use by Public Records
- Baxter Chrysler Dodge Jeep Ram FIAT of Omaha-Jeep / Car Dealership
- Edwards Chrysler Dodge Jeep Ram Village Pointe Omaha / Car Dealership
Property Details for 17950 Burt St
- Year built
- 2005
- Lot size
- 6.09 lot acres
- Property type
- Automotive properties
- APN
- 2442490900
- APU
- 2442490900
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Aug 23, 2024 | — | 17950 LLC | — | Deed · related | $5.9M · Ally Bank |
| Nov 8, 2022 | $15,891,000 | 17950 LLC | Tka Properties LLP | Special Warranty Deed | $13.5M · Ally Bank |
| Jul 6, 2020 | — | Tka Properties LLP | — | Deed · related | $114.4M · First Nat'l Bk/omaha |
| Oct 10, 2018 | — | Tka Properties LLP | — | Grant Deed · related | $39M · First Nat'l Bk/omaha |
| Sep 25, 2018 | — | Tka Properties LLP | West Dodge Place LLC | Warranty Deed · related | — |
| Dec 28, 2017 | — | Tka Properties LLP | — | Deed · related | $6M · First Nat'l Bk/omaha |
| Dec 27, 2016 | — | West Dodge Place LLC | — | Trustees Deed · related | $6M · First Nat'l Bk/omaha |
| Jan 5, 2015 | — | West Dodge Place LLC | — | Trustees Deed · related | $2M · First Nat'l Bk/omaha |
| Feb 25, 2005 | — | West Dodge Place LLC | — | Grant Deed · related | $9M · First National Bank Omaha |
| — | — | Tka Properties LLP | — | Loan Modification · related | $6M · First Nat'l Bk/omaha |
| — | — | Tka Properties LLP | — | Deed Of Trust · related | $114.4M · First Nat'l Bk/omaha |
Description
This exceptional 2.936-acre development site, located at 17950 Burt St in Omaha, Nebraska (zip code 68118), presents a unique opportunity for Class A mixed-use development. The property boasts 127,874 square feet of land, priced at $22 per square foot, with a total asking price of $2,813,228. Its prime location offers unmatched visibility along a major city thoroughfare, providing significant advantages for attracting clientele. The site is ideally suited for a variety of high-end uses, including high-end hospitality centers and hotels, lifestyle retail and restaurants, and luxury condominiums, homes, or apartment residences. The expansive lot allows for the incorporation of park-like common areas and wellness trails, enhancing the overall appeal and livability of the development. This is a rare chance to create a premier mixed-use destination in a thriving Omaha neighborhood. The property is available for sale or build-to-suit arrangements, offering flexibility to potential developers. Douglas County location provides access to established infrastructure and amenities. This development site is zoned for mixed-use development, allowing for a diverse range of commercial and residential uses. The property's location and size make it an attractive investment opportunity with significant potential for long-term growth and return.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $15,500,000
- ML approach
- $9,220,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $13,370,000
Market price range: $5.82M - $15.7M -
Alternative Use
- Use
- Estimation
- AUTO REPAIR, GARAGE
- $9,935,000 Current use
- RESTAURANT
- $21,980,000 Change: +121% Conversion: Difficult
- NEIGHBORHOOD: SHOPPING CENTER
- $12,510,000 Change: +26% Conversion: Difficult
- RETAIL STORES
- $10,460,000 Change: +5% Conversion: Difficult
- MEDICAL BUILDING
- $10,110,000 Change: +2% Conversion: Difficult
- OFFICE BUILDING
- $9,770,000 Change: -2% Conversion: Difficult
- COMMERCIAL (GENERAL)
- $9,380,000 Change: -6% Conversion: Moderate
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Omaha
- County
- Douglas
- State
- Nebraska
- Longitude
- -96.1946
- Latitude
- 41.2661
- CBSA code
- 36540
- CBSA name
- OMAHA-COUNCIL BLUFFS, NE-IA METROPOLITAN STATISTICAL AREA