$1,147,500

0000 Old Cheney Rd Walton, NE 68461

Walton Area

Estimated payment $7,383/month

Total Views 103
76.5 Acres
$15,000 Price per Acre
3,332,340 Sq Ft Lot

About This Lot

Positioned at the corner of South 162nd Street and Old Cheney Road, this 76.5± acre tract presents a rare opportunity to acquire a highly desirable parcel in one of Lancaster County's most sought-after rural growth corridors. Located just 4.5 miles from the Lincoln city limits and accessible via hard-surfaced roads, the property offers the ideal balance of country living and convenient access to the amenities, employment centers, shopping, and services of Lincoln.

The land features an exceptionally level topography with minimal slope, providing outstanding flexibility for future development, acreage home sites, or continued agricultural production. Its configuration, road frontage, and location make it particularly well-suited for the creation of multiple acreage properties, with potential for 3- to 5-acre home sites subject to Lancaster County approval and applicable zoning requirements.

As demand continues to grow for rural residential properties within close proximity to Lincoln, opportunities of this size and quality have become increasingly difficult to find. Buyers seeking investment potential, transitional land opportunities, or the ability to create a premier rural residential development will appreciate the property's strategic location and long-term upside.

Property Highlights
76.5± acres in Lancaster County, Nebraska
Corner location at South 162nd Street & Old Cheney Road
Approximately 4.5 miles from Lincoln city limits
Hard-surfaced access via Old Cheney Road
Exceptionally level topography with minimal slope
Currently in productive row crop production
Excellent candidate for acreage development
Potential for multiple 3-to-5-acre home sites (subject to county approval)
Country setting with convenient access to Lincoln amenities
Strong long-term investment and transitional land potential

The Property is currently being farmed by a local tenant who will retain farming rights through the 2026 crop season. No development activities, construction, or disturbance of the existing crop ground may occur until the 2026 crop has been harvested.

The current tenant has indicated an interest in continuing to farm the Property after closing until such time as the land is needed for development or another use. This provides a potential opportunity for a new owner to maintain agricultural income while evaluating future plans for the Property. Any future lease arrangements will be negotiated directly between the Buyer and the tenant.

Listing Agent

Bob Osborne

American Legacy Land Co. Listed on: 07/13/2026

Listing Provided By

Property Details

Property Type

  • Land

Lot Details

  • Property fronts a county road
  • Current uses include agriculture
  • Potential uses include agriculture, commercial, residential single

Farming

  • Crops include corn, soybeans

Property Details

Property Type

Land

Listing Details

  • Office Phone: 402-227-6611
  • Listing Website: https://www.land.com/property/76.5-acres-in-lancaster-county-nebraska/28049848/
  • Property Type: Lot / Land
  • Property Sub-Type: Other
  • Offered By: LandNetwork
  • Potential Use: Agriculture, Commercial, Residential Single
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Has Attic: No
  • Disability Access: No
  • Sprinklers: No

Exterior Features

  • Road Description: Gravel/Rock, County

Lot Info

  • Current Use: Agriculture
  • Lot Description: Acreage

Map

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Property History

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Date Event Price List to Sale Price per Sq Ft
07/13/2026 07/13/26 For Sale $1,147,500 -- --
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