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    767 Olson Dr Papillion, NE 68046

    Sponsored
    For Sale
    $1,100,000

    1.34 Acres, Highway 370 Visibility

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 1.34-acre commercial land parcel presents a prime investment opportunity in Papillion, Nebraska. Located at 767 Olson Drive, this property boasts unparalleled visibility along Highway 370, offering excellent exposure for retail or office development. Situated on a hilltop, the site provides impressive views for passing traffic, enhancing its appeal and potential for attracting customers. The property is conveniently located just west of Shadow Lake Towne Center, benefiting from the high traffic volume and established commercial presence in the area. Access is easily facilitated by a four-way intersection at Towne Center Parkway and Highway 370, ensuring convenient ingress and egress. The site is zoned GC, allowing for a variety of commercial uses. This location offers significant advantages, capitalizing on Sarpy County's consistent growth as Nebraska's fastest-growing county for over a decade. The asking price is $1,100,000. An additional approximately 4.5 acres is available for purchase to the south of this property. This property offers a unique chance to establish a strong commercial presence in a thriving Nebraska market. The fully lit intersection ensures high visibility even at night.

    Property Features for 767 Olson Dr

    General Information

    Property type
    Land
    Lot Size
    58,370 SF

    HighLights

    • 1.34‑acre commercial land parcel in Papillion, Nebraska, at 767 Olson Drive.
    • High visibility along Highway 370, ideal for retail or office development.
    • Hilltop location offers impressive views.
    • Conveniently located west of Shadow Lake Towne Center.
    • Easy access via four‑way intersection at Towne Center Parkway and Highway 370.
    • GC zoning allows for various commercial uses.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Papillion
    County
    Sarpy
    State
    Nebraska
    Longitude
    -96.032308801484
    Latitude
    41.139033208202

    Nearby Comparable

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    Nearby Similar for Sale

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      Papillion Commercial Lot - Huge Potential

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    FAQs

    What type of property is this?
    Land - 1.34 Acres, Highway 370 Visibility
    Where is this land located?
    The property is located at 767 Olson Dr Papillion, NE.
    What is the asking price?
    The asking price for this property is $1,100,000.
    What are key features of this property?
    This property features: 1.34-acre commercial land parcel in Papillion, Nebraska, at 767 Olson Drive.; High visibility along Highway 370, ideal for retail or office development.; Hilltop location offers impressive views.
    (402) 548-4064
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    767 Olson Dr Papillion, NE 68046
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    Papillion, NE 68046
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    767 Olson Dr Papillion, NE 68046
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