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    54th And Hwy 370 Papillion, NE 68133

    Sponsored
    For Sale
    $5,556,825

    8 Acres, Multi-Use Potential, Utilities 2024

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 8.17-acre property in Papillion, Nebraska, presents a unique development opportunity. Located at the prominent intersection of 54th and Highway 370, this AG-zoned land is ideally suited for a variety of uses, including retail, office, or industrial development. The property is comprised of five individual lots, ranging in size from 1.396 acres to 1.915 acres, offering flexibility for individual sale or acquisition as a single, larger parcel. Individual lot prices range from $790,660 to $1,501,164, with the total asking price for the entire property set at $5,556,825. The land value is $15.65 per square foot. Utilities are scheduled for completion in the fall of 2024, and a new LED sign is immediately available for future buyers. This prime location in Sarpy County, with its zip code 68133, offers excellent visibility and accessibility. The property's versatility and strategic location make it an attractive investment for developers seeking a high-impact project in a thriving Nebraska community.

    Property Features for 54th And Hwy 370

    General Information

    Property type
    Farms
    Lot Size
    355,885 SF

    HighLights

    • 1.396‑acre lot, priced at $790,660.
    • 1.398‑acre lot, priced at $852,348.
    • 1.748‑acre lot, priced at $1,141,920.
    • 1.716‑acre lot, priced at $1,270,733.
    • 1.915‑acre lot, priced at $1,501,164.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Papillion
    County
    Sarpy
    State
    Nebraska
    Longitude
    -95.991016242007
    Latitude
    41.139941017909

    Nearby Comparable

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      0.80 Acres

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      23,989 SF

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      2.83 Acres

      Omaha Multifamily Land Opportunity

      Prime Papillion land, assumable debt.
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      Shadow Lake Towne Center Lot

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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?
    Farm - 8 Acres, Multi-Use Potential, Utilities 2024
    Where is this farm located?
    The property is located at 54th And Hwy 370 Papillion, NE.
    What is the asking price?
    The asking price for this property is $5,556,825.
    What are key features of this property?
    This property features: 1.396-acre lot, priced at $790,660.; 1.398-acre lot, priced at $852,348.; 1.748-acre lot, priced at $1,141,920.
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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
    54th And Hwy 370 Papillion, NE 68133
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