Property profile

48th St & Hwy Papillion, NE 68123

OFF-MARKET
Retail properties & Spaces
35,938 SF 0.83 ac lot
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Property summary

AI-generated overview

This exceptional 0.83-acre commercial lot, located at the signalized intersection of S 48th St & Hwy 370 in Bellevue, Nebraska (Sarpy County, zip code 68123), presents a remarkable investment opportunity. The property, designated as Lot 1 Lakewood Villages, encompasses 35,938 square feet and is zoned GB - General Business, offering significant potential for various commercial developments. Currently vacant, this Class A land is priced at $449,225 ($12.50/sq ft). Its strategic location provides unparalleled visibility to Highway 370, ensuring high traffic exposure and easy accessibility for potential businesses. The area boasts a thriving population, with over 126,000 potential customers within a 5-mile radius and an average household income exceeding $100,655. This makes it ideal for a drive-thru establishment or independent professional offices. The property's APN is 011592965. This is a rare chance to acquire a highly visible and strategically located commercial lot in a rapidly growing area of Sarpy County. Don't miss this chance to capitalize on this prime location and build your business success.

Property profile

Verified
Property type Retail properties & Spaces
Total area 35,938 SF
Lot 0.83 ac (36,155 SF)

Cap rate & NOI

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

Location

48th St & Hwy Papillion, NE 68123
Papillion metro
Google Maps

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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