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    42nd St & Platteview Rd Papillion, NE 68133

    Sponsored
    For Sale
    $5,850,000

    ±90-248 Acres, Mixed-Use Potential

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional ±90 to 248-acre parcel presents a unique commercial and residential development opportunity in Papillion, Nebraska. Located near the future Platteview Road Expressway, this property sits within Sarpy County Wastewater Agency's Urban Development Zone, offering convenient sewer access via an existing force main. The land is strategically positioned, bordered by existing single-family homes to the north and Platteview Country Club to the south, with a planned Bellevue water park nearby. The future land use plan designates the area for medium-density residential development, with potential for commercial zoning along the future Expressway. The seller is willing to consider dividing the property into two parcels, separated by the planned Schneekloth Road. Parcel 1, which abuts existing single-family residential areas, benefits from access to existing sanitary sewer lines. This versatile property offers significant potential for a variety of development projects, making it an attractive investment in a rapidly growing area. The asking price is $5,850,000, with a land value of $65,000 per acre. The property is zoned AG. The address is 42nd St & Platteview Road, Bellevue, NE 68133.

    Property Features for 42nd St & Platteview Rd

    General Information

    Property type
    Land
    Lot Size
    3,920,400 SF

    HighLights

    • ±90‑248 acre commercial and residential development opportunity in Papillion, NE.
    • Located near the future Platteview Road Expressway, within Sarpy County Wastewater Agency's Urban Development Zone with sewer access.
    • Bordered by single‑family homes and Platteview Country Club, near a planned Bellevue water park.
    • Future land use plan designates medium‑density residential, with potential commercial zoning along the Expressway.
    • Seller will consider dividing into two parcels; Parcel 1 has sewer access.
    • Asking price: $5,850,000 ($65,000/acre); currently zoned AG; address: 42nd St & Platteview Road, Bellevue, NE 68133.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Papillion
    County
    Sarpy
    State
    Nebraska
    Longitude
    -95.976191120932
    Latitude
    41.092758803199

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    FAQs

    What type of property is this?
    Land - ±90-248 Acres, Mixed-Use Potential
    Where is this land located?
    The property is located at 42nd St & Platteview Rd Papillion, NE.
    What is the asking price?
    The asking price for this property is $5,850,000.
    What are key features of this property?
    This property features: ±90-248 acre commercial and residential development opportunity in Papillion, NE.; Located near the future Platteview Road Expressway, within Sarpy County Wastewater Agency's Urban Development Zone with sewer access.; Bordered by single-family homes and Platteview Country Club, near a planned Bellevue water park.
    (402) 548-4064
    Request Owner's contact information
    42nd St & Platteview Rd Papillion, NE 68133
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    Papillion, NE 68133
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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
    42nd St & Platteview Rd Papillion, NE 68133
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