PROPERTY
Land Size | 142 AC |
Property Type | Land |
Location | 264th & Ida Street |
Area | Valley, NE |
RESULT
Closing Date | April 15, 2021 |
Price | $1,839,915 |
Price PSF | $0.29 |
PROPERTY HIGHLIGHTS
- Large, flat parcel for sports facility development
- Highway access near Elkhorn, NE
- Land west of Elkhorn River is less expensive but is largely in floodway/floodplain
- Needed land outside of City of Omaha Extraterritorial Jurisdiction (ETJ) because of sewer requirements
MAJOR POINTS
- Nonprofit organization which relies on donations (price sensitive)
- Subject property was out of City of Omaha jurisdiction, has highway accessibility, was in the flood plain but 30 feet above existing water table, and purchase price was near farm ground prices.
Ryan Kuehl, CCIM 402.778.7545 rkuehl@investorsomaha.com | Tim Kerrigan, CCIM, SIOR 402.778.7530 tkerrigan@investorsomaha.com |