Property summary
This exceptional 1.07-acre commercial lot, situated in the thriving Sarpy County Industrial Park Phase 2 in Papillion, Nebraska, presents a remarkable investment opportunity. Zoned Light Industrial (I-1), this parcel boasts excellent visibility and accessibility, with all utilities readily available on-site. The lot dimensions measure approximately 510' x 481' x 194', offering ample space for development, and features 510 feet of street frontage on the intersection of 126th and Giles Road. Benefitting from a high traffic count of 127,500 vehicles per day, this location provides unparalleled exposure. Its strategic proximity to Interstate 80 ensures seamless connectivity to major transportation routes, further enhancing its appeal. The surrounding area is rich with amenities, including restaurants, hotels, and retail shops, creating a vibrant and convenient environment. The property includes a 40' sewer easement. Real estate taxes for 2023 were $637.22. This well-situated lot in a growing corridor offers multiple development options, making it an ideal choice for businesses seeking a strategic location in a dynamic market. The asking price is $198,000, translating to a land value of $4.25 per square foot. The zip code is 68138.
Property profile
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Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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from $99/month
Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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