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    17950 Burt St Omaha, NE 68118
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    Property profile & analytics

    17950 Burt St, Omaha, NE 68118

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    • Automotive properties
    • 66,948 SF
    • 6.09 lot acres
    Specialty Property for Sale For Sale
    $15,165,000
    10.42 Acres

    Specialty Property for Sale

    Specialty property available for purchase in Omaha, Nebraska.

    17950 Burt St, Omaha, NE
    View Listing
    Property ID
    US57-0214862
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    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

    based on Realmo’s proprietary methodology
    • 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

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $0.00
    $1,891,700
    $6,687,200
    $8,578,900
    -
    $1,891,700
    $6,687,200
    $8,578,900
    View Listing
    More about this property
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