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Property profile & analytics
OFF-MARKET
Land

84th Highway 370 Papillion, NE 68046

48.7 ac lot
Property ID
Property summary
AI-generated overview

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 profile
Verified
Property type Land
Lot 48.7 ac (2,121,372 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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