NEC 13th & Kasper St 5.41 Acres of Residential Land Offered at $656,688 CAD in Bellevue, NE 68147

Located at the northeast corner of 13th & Kasper Streets in Bellevue, Nebraska, this 5.41-acre parcel presents a rare opportunity for residential development in a well-established and growing community. The site is zoned RG-26, allowing for flexible configurations of 1 to 4 units per structure, and is subdivided into seven distinct lots, offering versatility for phased or multi-format development.
Two conceptual development paths are outlined: one for a 48-unit apartment complex with a mix of one- and two-bedroom units plus four duplexes, and another for a 13-duplex layout totaling 26 units. Each duplex unit is designed at 1,034 square feet with two bedrooms and one bath. A TIF Redevelopment Agreement has already been drafted and presented to the city, streamlining the path for potential incentives and approvals.
The property benefits from existing infrastructure installed during Phase I of a nearby duplex development, including roads and utilities. Moderate grading and dirt work are required, but the seller has confirmed that no retaining wall is needed along Kasper Street, reducing upfront costs. A survey and Phase I Environmental Site Assessment are available upon request.
Strategically positioned near Offutt Air Force Base, Bellevue University, and major retail corridors along Cornhusker Road and Highway 75, the site offers strong connectivity and access to amenities. Demographic data within a 5-mile radius shows a population of over 155,000 with average household incomes exceeding $90,000, supporting robust demand for quality housing.