440 179th Plz Cir, Omaha, NE 68118-3543
This exceptional 2.93-acre commercial land parcel is situated at the highly visible southeast corner of N 180th Street and W Dodge Road in Omaha, Nebraska, boasting over 80,000 daily vehicle exposures. Priced at $19.50 per square foot, this property presents a unique investment opportunity within a thriving economic center. The MU-ACI zoning allows for a wide range of development possibilities, including retail, specialty office, medical facilities, food service establishments, and even residential uses. This location benefits from its proximity to Village Pointe, a vibrant area featuring established wellness, education, fitness, food service, and retail businesses. The area's strong economic performance is further evidenced by over 1.8 million square feet of Class A office space within a one-mile radius and 22,000 households within three miles. Recent multi-family development data shows a decrease in vacancy rates despite new unit deliveries, highlighting the area's robust demand. The property's immediate neighbors include notable establishments such as the Broadmoore 180 development, Pacific Springs Golf Course, Hilton Hotel, Hy-Vee grocery store, and various popular restaurants and retailers including an Apple Store, Coach Store, LOFT, Lululemon, and a soon-to-open Nordstrom. This prime location offers unparalleled visibility and access to a dense population base, making it an ideal site for a variety of commercial ventures. The property is located in Douglas County, Nebraska, with a zip code of 68118. The asking price for this exceptional property is $2,493,543.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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Risks
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