0000 Old Cheney Rd Walton, NE 68461
Walton AreaEstimated payment $7,383/month
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
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
Map
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/13/2026 07/13/26 | For Sale | $1,147,500 | -- | -- |
- 14850 Old Cheney Rd
- 6690 S 148th St
- 18727 Van Dorn St
- Xxx Old Cheney Rd
- 2135 S 176th St
- 9191 S 176th St
- E Lincoln Beltway
- 9725 S 148th St
- 71.11 Acres - B Rd
- 11633 Pioneers Blvd
- 11700 Van Dorn St
- 733 Spruce Cir
- 195 N 148th St
- 20412 A St
- 245 N 148th St
- 719 Lakeview Dr
- 1470 S 117th St
- 4912 Woodland Hills Dr
- 15200 Plumridge Rd
- 2598 Tupelo Ln
- 8806 Lady Bug Ln
- 8800 Lady Bug Ln
- 9100 Heritage Lakes Dr
- 6843 S 89th St
- 7210 S 89th St
- 625 S 3rd St
- 8300 Cheney Ridge Rd
- 8514 Dewitt Rd
- 8320 Rockledge Rd
- 8300 Renatta Dr
- 8341 Karl Ridge Rd
- 3200 S 79th St
- 5800 S 77th St
- 8806 Bristlecone Dr
- 8805 Bristlecone Dr
- 6800 Ashbrook Dr
- 7920 Patrick Ave
- 7927 Maxine Dr Unit A
- 1613 Deweese Dr
- 7640 South St
Ask me questions while you tour the home.