Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    132nd Highway 370 Omaha, NE 68138

    For Sale
    Contact for pricing

    74 Acres, High-Visibility Development Land

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional 74.25-acre commercial land parcel presents a rare development opportunity in Sarpy County, Nebraska's fastest-growing county. Strategically located at the intersection of South 132nd Street and Highway 370, this property boasts exceptional visibility and accessibility, with a daily traffic count of 19,850 vehicles. Currently zoned AG, the land is designated as MU1 on the City of Papillion's future land use map, allowing for high-density residential, office, and commercial development. This is one of the last remaining non-developer-owned parcels east of I-80 and directly fronting Highway 370, offering unparalleled potential for significant return on investment. Its prime location is adjacent to the popular Prairie Queen Recreation Area and Werner Park, providing added value and attracting a desirable demographic. The expansive lot size provides ample space for a variety of development projects, catering to diverse needs and maximizing potential revenue streams. This unique opportunity combines prime location, high visibility, and future zoning potential, making it an ideal investment for discerning developers seeking a substantial land holding in a thriving market. The property's address is S 132nd & Hwy 370, Omaha, NE 68138.

    Property Features for 132nd Highway 370

    General Information

    Property type
    Land
    Lot Size
    3,234,330 SF

    HighLights

    • 74.25‑acre site.
    • High traffic counts: 19,850 vehicles per day at S 132nd St & Highway 370.
    • Rarely available, non‑developer owned parcel east of I‑80, fronting Highway 370.
    • Highly visible and accessible location in Sarpy County, Nebraska's fastest‑growing county.
    • Currently Ag‑zoned; Papillion's future land use map designates it MU1 (allowing high‑density residential, office, and commercial).
    • Adjacent to Prairie Queen Recreation Area and Werner Park.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Building Supply Dental Office Wholesale Shop Hotel & Motel Gym & Fitness HVAC Service Garden Center Electrical Service

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

    Location Insight

    • Map
    • Local Demand
    City
    Omaha
    County
    Sarpy
    State
    Nebraska
    Longitude
    -96.1194877
    Latitude
    41.1474754

    Nearby Similar for Sale

    • $650,000

      Historic 6-Plex Near Blackstone

      Historic 6-unit multi-family property near Blackstone District and Nebraska Medicine.
      401 S 38Th Ave, Omaha, NE 68131
      View Details
    • New
      $450,000

      Omaha Multi-Unit Investment Property

      Five-unit property with updates and additional parking in Omaha.
      1416 O St, Omaha, NE 68107
      View Details
    • New
      $494,900

      Renovated 4-Plex in Little Italy

      Modernized 4-unit property near Old Market and Little Boho.
      502 William St, Omaha, NE 68108
      View Details
    • $795,000

      Updated Mixed-Use Property in Omaha

      Modernized triplex with office and outbuilding, ideal for mixed-use.
      2603 N St, Omaha, NE 68104
      View Details
    • $530,000
      0.13 Acres

      Omaha Multi-Unit Apartment Building

      Cash-flowing 6-unit apartment building near interstate, shopping, and bus line.
      1039 Park Ave, Omaha, NE 68105
      View Details
    • $550,000

      Turnkey Townhome Units in Omaha

      Well-kept duplex with long-term tenants in place.
      9221 Blondo St, Omaha, NE 68134
      View Details

    FAQs

    What type of property is this?
    Land - 74 Acres, High-Visibility Development Land
    Where is this land located?
    The property is located at 132nd Highway 370 Omaha, NE.
    What are key features of this property?
    This property features: 74.25-acre site.; High traffic counts: 19,850 vehicles per day at S 132nd St & Highway 370.; Rarely available, non-developer owned parcel east of I-80, fronting Highway 370.
    (402) 763-2929
    Request Owner's contact information
    132nd Highway 370 Omaha, NE 68138
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    132nd Highway 370
    Omaha, NE 68138
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    132nd Highway 370 Omaha, NE 68138
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.