370 Nec 138 & Hwy Papillion, NE 68138
This exceptional 5-15.33 acre commercial/industrial land parcel, located at the Northeast corner of 138th and Highway 370 in Papillion, Nebraska (zip code 68138), presents a unique investment opportunity. Zoned LI, this property boasts a highly desirable location within the sought-after Sarpy West submarket. The asking price is $3,600,000, translating to $8 per square foot. Situated on Highway 370, the site benefits from a lighted intersection with dedicated right and left-turn lanes, ensuring excellent visibility and accessibility. Its proximity to a major Amazon Regional Distribution Center further enhances its strategic value. The location offers direct access to Highway 370, with convenient access to I-80 and Highway 50 within half a mile. Site preparation is complete, including grading and storm water retention, making it ready for immediate development. This prime location is ideal for a variety of uses, including corporate offices, warehouse facilities, or even a car or truck dealership. The property's strategic location and infrastructure make it an exceptional investment opportunity in a rapidly growing area.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.