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416-Unit Self-Storage Facility
For Sale
$7,250,000

9518 S 120th St, Papillion, NE 68046

Recently constructed storage property with phased improvements completed in 2020 and 2023.

Property Size61,630 SF
Lot Size8.05 Acres
Price / SF$74.89
Days on Market155

Property Features for 9518 S 120th St

General Information

Standard status Active
Size 61,630 SF
Lot size 8.05 Acres
Property subtype Industrial

Additional Details

Asking Price $7,250,000
Self-Storage Units 416

Building Details

Building Size 61,630 SF
Year Built 2020
Listing Agency: Lee & Associates | Omaha
Listed By: Benjamin Pearson · License #20090103
Source: Lee-associates
Added: May 7 Changed: Oct 7 Last Checked: Oct 7 at 10:46AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Lee & Associates | Omaha

Investment Insights

Based on property information with market context.

This self-storage facility contains 416 units across 96,810 square feet of improvements on an 8.05-acre site. Construction was completed in two phases, with work occurring in 2020 and 2023, providing a recently developed physical platform for storage operations.

The property is located at 9518 S 120th St in Papillion, Nebraska, within the Omaha metropolitan area. Its unit count, building area, and substantial land position define a sizable self-storage asset with multiple completed construction phases.

Key Highlights

  • 416‑unit self‑storage facility
  • 96,810 square feet of building area
  • 8.05‑acre site in Papillion, Nebraska

Property Analytics

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Current Use

Self storage facilities

Suggested Use

Top Pick Electrical Service Bakery (Bike/Boat/Book/etc) Store Cafe & Coffee Shop Tanning Salon Home Appliance Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

13
Businesses Nearby

Demographics for 68046, NE

32,242
Population
12,849
Households
2.5
Avg Household Size
36
Median Age
50%
College-Educated
97%
High-School Grad
28.0 sq mi
ZIP Area
1,152
Density / Sq Mi
$113,708
Median Household Income
$57,767
Median Earnings
$1,252
Median Rent
$331,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
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Frequently Asked Questions

What type of property is this?
Self storage facility - Recently constructed storage property with phased improvements completed in 2020 and 2023.
Where is this self storage facility located?
The property is located at 9518 S 120th St Papillion, NE.
What is the asking price?
The asking price for this property is $7,250,000.
What are key features of this property?
This property features: 416‑unit self‑storage facility; 96,810 square feet of building area; 8.05‑acre site in Papillion, Nebraska
More about this property
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