Agricultural & Residential Land for Sale in Walton, Nebraska

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.