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Property profile

10402 144th St Papillion, NE 68138

OFF-MARKET
Turn key restaurants
Property ID
US57-0130593
7,500 SF 1.04 ac lot Built 1985
Entity Owned 6-yr Hold Absentee Owner ~ Est. High Equity

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

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$300k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$470k

Owner & transaction history

since 2020
3 recorded transactions
2020
Price N/A
1969
Price N/A
1969
Price N/A

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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