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Property profile

42nd St & Platteview Rd Papillion, NE 68133

OFF-MARKET
Land
90 ac lot
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Property summary

AI-generated overview

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 profile

Verified
Property type Land
Lot 90 ac (3,920,400 SF)

Cap rate & NOI

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

Location

42nd St & Platteview Rd Papillion, NE 68133
Papillion metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

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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