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    713 Olson Dr Papillion, NE 68046

    Sponsored
    For Sale
    $1,000,000

    Prime Hwy 370 location, 3802 sq ft, high-growth area.

    Property size:
    3,802 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 1.02-acre commercial lot in Papillion, Nebraska, presents a unique investment opportunity. Located on Highway 370, this property boasts excellent visibility and accessibility with two convenient entrances from the access road. Currently improved with a 3,802 square foot building, which functions as a self-service carwash, the property offers significant potential for redevelopment. The existing structure could be repurposed to create a variety of commercial spaces, including traditional or creative office spaces, making it an ideal canvas for a savvy investor. The zoning is designated 03-Commercial, allowing for a wide range of uses. The single-story building, constructed in 1981, provides a solid foundation for future development. Ample parking is available with 12 spaces on-site. This prime location in the thriving Sarpy County, with its zip code 68046, offers exceptional growth prospects and strong potential for a high return on investment. The property's strategic positioning along Highway 370 ensures high traffic volume and visibility, making it an attractive option for businesses seeking a prominent presence in the Papillion market. Don't miss this chance to acquire a versatile commercial property with immense upside.

    Property Features for 713 Olson Dr

    General Information

    Property type
    Office space
    Square Feet
    3,802 SF
    Lot Size
    44,431 SF

    Building Details

    Year Built
    1981
    Buildings
    1
    Stories
    1

    HighLights

    • High‑visibility commercial lot on Hwy 370 with dual road access.
    • Existing structure suitable for repurposing; highest and best use likely a different commercial venture.
    • Building adaptable for office space conversion.
    Property Profile Location Intelligence

    Current Use by Public Records

    Office space

    Suggested Use

    Law Firm Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Papillion
    County
    Sarpy
    State
    Nebraska
    Longitude
    -96.0331599
    Latitude
    41.1388702

    Nearby Comparable

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    Nearby Similar for Sale

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    FAQs

    What type of property is this?
    Office space - Prime Hwy 370 location, 3802 sq ft, high-growth area.
    Where is this office space located?
    The property is located at 713 Olson Dr Papillion, NE.
    What is the asking price?
    The asking price for this property is $1,000,000.
    What are key features of this property?
    This property features: High-visibility commercial lot on Hwy 370 with dual road access.; Existing structure suitable for repurposing; highest and best use likely a different commercial venture.; Building adaptable for office space conversion.
    Request Owner's contact information
    713 Olson Dr 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
    713 Olson Dr Papillion, NE 68046
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