South 72nd Street and Capehart Road Papillion, NE 68046
230-acre mixed-use development with residential, commercial, and educational components.
Type:Land, Mixed Use, Office, Retail
Property size:
800,000 SFLot size:
230.00 Acres- Added:
- Nov 11, 2024
- Days on Market:
- 520
- Last Refresh:
- Mar 17 at 1:14 pm
Property Features for South 72nd Street and Capehart Road
General Information
- Standard status
- Active
- Size
- 800,000 SF
- Lot size
- 230.00 Acres
- Property subtype
- Land, Mixed Use, Office, Retail
Listing agent Chris Nielsen, CCIM License #20150223
Listing office Keller Williams Realty Omaha
Listing date Nov 11, 2024
Source Crexi
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 Keller Williams Realty Omaha
Overview
Large Mixed-Use Development Opportunity
Oak Leaf is planned as a large mixed-use real estate development in Sarpy County, intending to create a community with residential, commercial, and educational opportunities in Papillion, Nebraska. The project spans over 230 acres at the southeast corner of 72nd Street and Capehart Road in Papillion, Nebraska, where traffic counts are approximately 9500 vehicles per day. The mixed-use development includes residential, commercial, and educational components, featuring approximately 500 single-family homes, 611 multi-family units in various configurations such as townhouses, flats, duplexes, and single-family rentals, and 800,000 square feet of commercial space across twelve pads. A dedicated site for an elementary school, green spaces, and a range of retail, dining, entertainment, and office spaces are planned. The submarket has achieved 84,000 square feet of positive absorption and 22,000 square feet of net deliveries over the past year, indicating demand for retail space. Rents in the Sarpy East retail submarket have risen by 4.8% in the past 12 months, reaching approximately $17.60 per square foot. The total retail inventory in Sarpy East amounts to 7.5 million square feet, with a range of asset classes including general retail buildings, malls, power centers, and neighborhood centers.
Location Intelligence
Current Use by Public Records
Commercial land
Map
- City
- Papillion
- County
- Sarpy
- State
- Nebraska
- Longitude
- -96.0413
- Latitude
- 41.1138
Nearby Similar for Sale
FAQs
What type of property is this?
Mixed-use property - 230-acre mixed-use development with residential, commercial, and educational components.
Where is this mixed-use property located?
The property is located at South 72nd Street and Capehart Road Papillion, NE.
What is the asking price?
The asking price for this property is Off market.
What are key features of this property?
This property features: Largest mixed‑use real estate development in Sarpy County, offering a diverse community.; Strategically located at the high‑traffic intersection of 72nd Street and Capehart Road (9500 VPD).; Includes approximately 500 single‑family homes and 611 multi‑family units.
