9725 South 148th Street | Listing | American Legacy Land Co.

9725 South 148th Street

Property Detail

9725 South 148th Street

Bennet, NE 68317 - Lancaster

Listing Courtesy of: American Legacy Land Co.

Commercial Property Farms Horse Property Hunting Land Ranches Recreational Property Acreages

Active

$2,350,000

71.09 acres

For Sale

Listing Date: 01/16/2026

Lancaster Development Opportunity | Highway 2 Corridor
Located at 9725 S 148TH ST on the edge of Lincoln, this 71 +/- Acre property offers a strategic development
opportunity directly on the north side of Highway 2, two miles east of the Nebraska Parkway Highway 2 junction, one of Lancaster County’s primary east–west transportation corridors connecting Lincoln to surrounding growth areas. The property benefits from its large size, excellent visibility, direct corridor influence, and strong accessibility—key fundamentals for successful residential, mixed-use, or commercial-adjacent development.

Highway 2 is a major commuter and commercial route for the Lincoln metro, making this location well-positioned along a proven path of growth. As development continues to expand outward from Lincoln, properties with highway frontage and scalable acreage are increasingly scarce, elevating the long-term value of this tract.

The property’s topography is generally level to gently rolling, supporting efficient site layout, roadway design, and
utility planning. The size and configuration allow flexibility for multiple development strategies, including residential
subdivision, estate-lot development, frontage-oriented commercial use, or a hybrid mixed-use concept.

Surrounding land uses include a mix of agricultural operations, residential development, and transitional properties,
indicating ongoing expansion and favorable entitlement potential. Access is supported by established county road infrastructure, providing strong connectivity for future traffic flow and ingress/egress planning.

Public utilities are located adjacent to the property, with extension and capacity to be confirmed by the utility providers and the Lancaster County Planning and Zoning Department. The property’s location, exposure, and development characteristics make it an attractive candidate for phased development or land banking with near- and long-term upside.

Facts & Features
Sqft (Total)
2014
Year Built
1936
Style
Ranch
Bedrooms
3
Bathrooms
2
Basement
Yes
Garages
1
School District
Palmyra
Exterior Features
Garage Spaces
2
Other Exterior Features
House is sold as is and does not bring additional value to the property. There is also an old cistern located on the North side of the house.

Activities
Horseback Riding
Off-Roading
Lot Description
Acreage
Corner
Horses Permitted
Pasture
Farmland
Minerals Information
Oil and Gas
Water
Wind
Number of Wells

1

Street/Utilities Information
Asphalt

Mortgage Options
Conventional Mortgage

Agricultural Uses
Livestock
Row Crop

Legal Address
S28, T9, R8, 6TH PRINCIPAL MERIDIAN, LOT 19 SE
GIS Parcel Id

2228400002000

Directions
On the North side of Highway 2, two miles east of the Nebraska Parkway Highway 2 junction