Large Mixed-Use Development
For Sale
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South 72nd Street and Capehart Road, Papillion, NE 68046
230-acre mixed-use development with residential, commercial, and educational components.
Property Size800,000 SF
Lot Size230.00 Acres
Price / SF$0.00
Days on Market651
Property Features for South 72nd Street and Capehart Road
General Information
Standard status
Active
Size
800,000 SF
Class
A
Lot size
230.00 Acres
Property subtype
Land, Mixed Use, Office, Retail
Zoning
Mixed-Use
Investment Type
Owner/User
Building Details
Units
12
Tenancy
Multi
Listing Agency:
KW Commercial
Listed By:
Chris Nielsen, CCIM · License #20150223
Source:
Crexi
Added: Nov 11, 2024
Changed: Aug 23
Last Checked: Aug 24 at 5:28PM
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 KW Commercial
Investment Insights
Based on property information with market context.
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.
Key Highlights
- 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.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
13
Businesses Nearby
Explore this area
Business Placement
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
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Frequently Asked Questions
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 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.
