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11707 S 73Rd St Papillion, NE 68046

Banks Google Maps
3,295 SF 1.61 ac lot Built 2022
Entity Owned 7-yr Hold Absentee Owner Free & Clear
Estimated value (blended)
$415k
Range $374k – $457k (±10%)
Property ID US57-0436946

Property summary

AI-generated overview

This exceptional 0.57-acre commercial land parcel, totaling 24,858 square feet, presents a rare opportunity within the thriving Shadow Lake Towne Center in Sarpy County, Nebraska. Boasting excellent visibility and frontage on 72nd Street, this single-tenancy lot is ideally situated adjacent to a new Chase Bank branch. The property is zoned MU and benefits from its location within a dynamic 650,000+ square foot power center, anchored by prominent national retailers such as Hy-Vee, Dick's Sporting Goods, and JCPenney. This strategic location places the property at the heart of Sarpy County's robust retail corridor, less than a mile from the new Tower District and Midlands Place. The surrounding area showcases significant ongoing development, including over 350 apartment units and 180 single-family home lots either recently completed or currently under construction within a one-mile radius. Sarpy County's consistent growth, recognized as Nebraska's fastest-growing county for over a decade, ensures a strong and expanding market for this prime commercial land. The property is available for both sale and lease. Specific sale terms and any exclusions will be provided upon request.

Property profile

Verified
Property type Banks
Use group FINANCIAL BUILDING
Year built 2022
Total area 3,295 SF
Lot 1.61 ac (69,990 SF)
APN 11592677
UPID US57-0436946

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$415k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$415k

Owner & transaction history

since 2019
1 recorded transaction
2019
$846,000

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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