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3814 Leavenworth St
Omaha, NE 68105
Land For Sale
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1.14 AC
PROPERTY FACTS
DESCRIPTION
PRIME redevelopment site SALE PRICE: $2,850,000 LAND AVAILABLE: 49,722 SF Opportunity Zone Investment Property Features: Site is located adjacent to the Nebraska Medicine/University of Nebraska Medical Center Campus Situated near the Omaha VA Medical Center and Mutual of Omaha’s Midtown Crossing Current Zoning: NBD-ACI-1 (PL) - PUR Potential Stories: Five (with city approvals) Current RE Taxes: $5,345.32 (2018) Potential TIF: Yes (w/city approvals) The Property sits within an Opportunity Zone, a tract nominated by governors into which investors can now put capital to work by financing new projects in exchange for certain federal capital gains tax advantages. A temporary tax deferral for capital gains reinvested in an Opportunity Fund A step-up in basis for capital gain reinvested in an Opportunity Fund A permanent exclusion from taxable income of capital gains from the sale or exchange of an investment in a qualified opportunity zone fund, if the investment is held for at least 10 years
