PROPERTY

Size	2.59 AC
Year Built	1980
Location	48th & Q Street

RESULT

Sale Date	September 7th, 2022
Price	$700,000
Price PSF	$6.20

PROPERTY HIGHLIGHTS

• Property located in Qualified Census Tract which opens affordable housing opportunities
• Community center which had limited buyer pool except for major remodel
• Large land area over two acres
• Q Street visibility

 

MAJOR POINTS

• Well priced listing which provided interest from several buyer types and pools
• Need for affordable housing development in this area made for quick resolutions
• Received asking price due to interest from multiple parties
• Larger land size made our approach to market site as development land pay off as buyer was a developer instead of a use

Ryan Zabrowski, CCIM, SIOR, CRE 402.778.7530 rzabrowski@investorsomaha.com	Ryan Kuehl, CCIM 402.778.7538 rkuehl@investorsomaha.com	Jeanette Weber, MPA, SIOR, CPM 402.778.7545 jweber@investorsomaha.com