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    84th Highway 370 Papillion, NE 68046

    Sponsored
    For Sale
    Contact for pricing

    Prime Nebraska development land, high-traffic location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 48.7-acre commercial and residential land parcel presents a unique investment opportunity in Papillion, Nebraska. Situated at the northwest corner of 84th Street and Highway 370, this high-visibility location boasts significant traffic volume and proximity to downtown Papillion (approximately one mile south). The property features rolling hills and includes the recognizable Papillion Water Tower, offering unparalleled visibility. This site is part of The Tower District, a planned development envisioned as a walkable, vibrant urban neighborhood, fostering a "city within a city" atmosphere where residents can live, work, and play. The project enjoys strong support from city and community leaders, making it an attractive proposition for various development types. Potential uses include multi-family developments, senior living residences, residential homes, office spaces, and street-level or free-standing retail establishments. The land value ranges from $7 to $24 per square foot. The property's location in Sarpy County, the fastest-growing county in Nebraska, ensures strong future growth potential. This is an exceptional opportunity to capitalize on a thriving market and create a landmark development. The property is located at 84th & Highway 370, Papillion, NE 68046.

    Property Features for 84th Highway 370

    General Information

    Property type
    Land
    Lot Size
    2,121,372 SF

    HighLights

    • 48.7‑acre commercial and residential land parcel in Papillion, NE, at the high‑traffic corner of 84th Street and Highway 370.
    • High‑visibility location near downtown Papillion, featuring rolling hills and the Papillion Water Tower.
    • Part of The Tower District, a planned, walkable urban development.
    • Suitable for multi‑family, senior living, residential, office, and retail development.
    • Land value: $7-$24 per square foot.
    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
    Papillion
    County
    Sarpy
    State
    Nebraska
    Longitude
    -96.0430096
    Latitude
    41.1399313

    Nearby Comparable

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      Shadow Lake Pad 4: Prime Retail Outparcel

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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?
    Land - Prime Nebraska development land, high-traffic location.
    Where is this land located?
    The property is located at 84th Highway 370 Papillion, NE.
    What are key features of this property?
    This property features: 48.7-acre commercial and residential land parcel in Papillion, NE, at the high-traffic corner of 84th Street and Highway 370.; High-visibility location near downtown Papillion, featuring rolling hills and the Papillion Water Tower.; Part of The Tower District, a planned, walkable urban development.
    (402) 345-5866
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    84th Highway 370 Papillion, NE 68046
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    84th Highway 370
    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
    84th Highway 370 Papillion, NE 68046
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