Property profile

440 179th Plz Cir Omaha, NE 68118

OFF-MARKET
Commercial land
Property ID
US57-0000308
2.94 ac lot
Entity Owned 2-yr Hold Free & Clear
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 2.94 ac (128,066 SF)
APN 2531221545
UPID US57-0000308

Cap rate & NOI

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

Location

440 179th Plz Cir Omaha, NE 68118-3543
Omaha metro Census 7524 OMAHA-COUNCIL BLUFFS, NE-IA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$2.67M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$2.56M

Owner & transaction history

since 2023
Last sale
$2.6M
1 recorded transaction
2023
$2.6M

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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