Financial
Distress signals
Property profile

1413 South Washington St Papillion, NE 68046

FOR LEASE
Office buildings
Property ID
US57-0162035
12,342 SF 2.18 ac lot Built 1998
Last sale Jan 2022 · $3,300,000
Entity Owned Owner of record is a legal entity (LLC / corporation). Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is configured for office use and includes multiple office suites across the main and upper floors, with signage visibility and a park located at the front of the building. Suite 110 is positioned near the main lobby entrance and features large windows. Suite 210 is located on the second floor, immediately off the main elevator, and has abundant windows with views of Papillion. The third floor includes a combination of private offices, open work areas, and conference rooms, and the

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$63k
Tax billed · 2023
Assessed value$3.37M
Assessed land$854k
Assessed improvement$2.52M
Effective rate1.88%

Value estimate

· Sep 2026
$2.95M
$2.65M – $3.24M
AI approach$2.83M
CAP approach$2.86M
Submarket $/SF estimate$3.14M
NOI build-up
Gross scheduled income$44k
Vacancy & credit loss−$3k
Operating expenses−$10k
NOI · 211,382.46% cap applied$30k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$190/SF
County average, outlier-cleaned · 34 recorded sales of this use type
Observed band · Q1–Q3$117 – $255

Cap rate analysis

How does the asset earn?
211,382.46%
$30k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
1
JurisdictionSARPY

Location intelligence

Which uses thrive at this corner?
Best fit: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply29.7
Wholesale Shop25.5
Restaurant20.5

Location

1413 South Washington St Papillion, NE 68046
County assessor Recorded deeds · 3 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 12 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1110 Applewood, Papillion, NE 68046-5786 $378,000 Sep 2023 925 SF
1237 Golden Gate, Papillion, NE 68046-2837 $1,025,000 Nov 2022 3,876 SF
1203 Washington, Papillion, NE 68046-2566 $420,000 Nov 2021 1,958 SF
619 Olson, Papillion, NE 68046-4770 $585,000 Jun 2021 6,063 SF
1102 1st, Papillion, NE 68046-7641 $6,000,000 Aug 2020 36,487 SF
609 Olson, Papillion, NE 68046-7609 $820,000 Feb 2020 6,570 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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