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    OFF-MARKET
    Turn key restaurants

    10402 144th St, Papillion, NE 68138-3846

    7,500 SF 1.04 ac lot Built 1985
    Entity Owned 6-yr Hold Absentee Owner ~ Est. High Equity
    Property ID
    US57-0130593
    Property summary
    AI-generated overview

    This exceptional mixed-use property presents a unique investment opportunity in Omaha, Nebraska. The 7,500-square-foot building, constructed in 1985 with renovations in 1988 and 2016, sits on a one-acre lot at a prime intersection of I-80 and Highway 50, ensuring high visibility and substantial daily traffic. Currently configured as a restaurant (business not included in sale), the building boasts a 40-foot bar, seating for 288 patrons, and a large commercial kitchen, perfectly suited for a variety of businesses. Ample parking is provided with 96 stalls. The property is zoned for commercial use and offers significant potential for diverse applications. The asking price is $1,300,000, translating to $173.33 per square foot. The seller is open to considering lease or lease-option arrangements. This single-story building presents a rare chance to acquire a well-maintained, established property in a high-demand location with excellent access to major transportation arteries. The substantial size and existing infrastructure make this an ideal investment for both established businesses and new ventures seeking a strong foothold in a thriving market. The property's location and features make it a highly desirable asset with significant long-term growth potential.

    Property profile
    Verified
    Property type Turn key restaurants
    Use group RESTAURANT
    Year built 1985
    Construction WOOD FRAME
    Total area 7,500 SF
    Lot 1.04 ac (45,100 SF)
    APN 11355301
    UPID US57-0130593
    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
    Schurman Corp · 6 yrs held
    Schurman Corp
    since 2020
    3 recorded transactions
    2020
    1969
    1969
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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