19015 Blondo St, Omaha, NE 68022
This exceptional 5.29-acre property in Omaha, Nebraska, presents a unique investment opportunity. Currently zoned AG, it offers significant potential for residential development, with possible zoning transitions to R4, R5, or R6. The property boasts a desirable location, just two miles north of the thriving Avenue 1 Development at 192nd & Dodge. Enjoy proximity to recreational amenities, including the 175-acre Lawrence Youngman Lake and Park, offering boating, fishing, and kayaking opportunities. Convenient access to Methodist Women's Hospital and Elkhorn High School adds to the appeal. The property includes a well-maintained 1965 ranch-style home featuring 1,472 square feet of above-grade living space and a total of 2,572 square feet. The asking price is $859,000. The property's APN is 0118910008. The lot size is 230,432 square feet. This prime location and versatile zoning potential make this an attractive proposition for developers and investors seeking a promising residential project in a rapidly growing area. The existing home provides immediate income potential or serves as a comfortable residence during the development process. This is a rare opportunity to acquire a substantial land parcel with existing improvements in a highly sought-after Omaha neighborhood.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.