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    OFF-MARKET
    Land

    132nd Highway 370, Omaha, NE 68138

    74.25 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 74.25-acre commercial land parcel presents a rare development opportunity in Sarpy County, Nebraska's fastest-growing county. Strategically located at the intersection of South 132nd Street and Highway 370, this property boasts exceptional visibility and accessibility, with a daily traffic count of 19,850 vehicles. Currently zoned AG, the land is designated as MU1 on the City of Papillion's future land use map, allowing for high-density residential, office, and commercial development. This is one of the last remaining non-developer-owned parcels east of I-80 and directly fronting Highway 370, offering unparalleled potential for significant return on investment. Its prime location is adjacent to the popular Prairie Queen Recreation Area and Werner Park, providing added value and attracting a desirable demographic. The expansive lot size provides ample space for a variety of development projects, catering to diverse needs and maximizing potential revenue streams. This unique opportunity combines prime location, high visibility, and future zoning potential, making it an ideal investment for discerning developers seeking a substantial land holding in a thriving market. The property's address is S 132nd & Hwy 370, Omaha, NE 68138.

    Property profile
    Verified
    Property type Land
    Lot 74.25 ac (3,234,330 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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