Approx 5.77 acres near 168th and Maple

Retail-Commercial for Sale
Approx 5.77 acres near 168th and Maple
Catylist Listing ID: 30204938
Property Subtypes: Car Wash, Convenience Store, Service Station/Gas Station, Street Retail, Tavern/Bar/Nightclub, Other
Building Size (RSF): 2,759 SF
Gross Building Area: See Agent
Gross Land Area: 6.13 SF
Sale Price: $550,000
Unit Price: $199.35 PSF
Property Use Type: Business
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 3/16/2019

Overview / Comments

All comments from seller...Street frontage just South of 168th and Maple.. Property is split into 2 plots with 1.75 acres fronting 168th st and 4.02 acres fronting a new street ( 167th St) zoned Developmental Reserve (DR). House is occupied with Month to month tenants. Big development opportunity. Neighboring SID is proposing to build a road along the South side of property and through the upper 1/3rd of the property..Buyer can use this opportunity to fill/grade land for their development. Top approximately 2 acres would make for great storefront/restaurant operation and rear 2/3's could be used for apartments.
168th st is 4 lanes in a upscale part of town. The proposed SID will also bring water and sewer to the property but the existing 225 ft well at 20 gpm can be retained for landscaping use.
Removing current structures will be the responsibility of the new owners...

Financials

Finance Data Year 2018
Real Estate Taxes - Annual($) $7,926 (Annual)

Additional Details

Nearest MSA: Omaha-Council Bluffs
County: Douglas
Tax ID/APN: 1840392306 and 1840392308
Retail Clientele: General, Business
Property Located Between: Maple St and Blondo St
Property Visibility: Excellent
Largest Nearby Street: North 168th and Maple
Highway Access: great
Airports: Millard Blair Eppley
Site Description: Sloping away from 168th st
Area Description: High traffic . Surrounded by retail shops and new developments. Upper scale neighborhood
Tenancy: Single Tenant
Total Number of Buildings: 2
Typical SF / Floor: 2,750 SF
Property Condition: Average
Year Built: 1987
Total Parking Spaces: 4
Parking Type: Surface
Parking Description: Now has driveway with parking in front of house
Heat Type: Propane
Internet Access: Cable, DSL
Zoning Description: Developmental reserve
Part of Planned Development?: Yes
Water Service: Well
Sewer Type: Septic
Easements: Electric Lines, Utilities
Legal Description: Nordstrom Addition Lot 1 Block 0 EX W 50 Lot 1 Irreg 6.13 Acres

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 10,532 65,041 153,350
Median Age: 32.72 35.83 36.73
Households: 3,723 23,716 59,336

Contact

Photograph of Listing Agent

Bruce Johnson

Home Marketing Services
MRCIE Member
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