Property profile

21415 Q Rd Omaha, NE 68022

OFF-MARKET
Land
Property ID
US57-0175324
17.54 ac lot
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Property summary

AI-generated overview

This exceptional 17.54-acre property presents a unique investment opportunity in Omaha, Nebraska. Located at 21415 W Q Rd, in Douglas County (zip code 68022), this land boasts a prime location within a rapidly expanding corridor between Elkhorn and Gretna, experiencing a remarkable 420% population increase since 2000. The site benefits from its proximity to a thriving 120-acre mixed-use development featuring shopping, entertainment venues, a high school, and a movie theater. The property includes an existing 4,711 square foot home and a 3,600 square foot shop/office building, offering immediate potential for income generation or redevelopment. Its adjacency to Millard High School and the Coventry mixed-use development further enhances its desirability. Future zoning is planned as an R6 Planned Unit Development with R5 construction allowances, permitting the development of larger, multi-story apartments (up to 249 units, one unit per 3,000 square feet). The property's location near 204th Street, a major arterial road connecting Gretna and Elkhorn, ensures excellent accessibility. An adjacent 10-acre lot is also available for purchase, presenting an opportunity for expansion. This property is ideally suited for multifamily development or other commercial ventures, capitalizing on the area's robust growth and abundant amenities, including entertainment, shopping, dining, excellent schools, and a hospital. The asking price for this remarkable property is $3,440,000.

Property profile

Verified
Property type Land
Lot 17.54 ac (764,042 SF)
UPID US57-0175324

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

21415 Q Rd Omaha, NE 68022
Omaha metro
Google Maps

Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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