You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
Back to Search
Property profile & analytics
FOR LEASE
Office buildings

1413 S Washington St Papillion, NE 68046

12,342 SF 2.18 ac lot Built 1998
Entity Owned Free & Clear
Property ID
US57-0162035
Property summary
AI-generated overview

This exceptional three-story, 36,000 square foot building, situated at 1413 S Washington St, Papillion, NE 68046, presents a unique investment opportunity. Built in 1998, the Midlands Professional Centre boasts a prime location at the intersection of 84th & Highway 370, enjoying high visibility to an estimated 43,350 vehicles daily. The property is zoned CC and features three individual suites ranging from 1,760 to 3,223 square feet, currently available for lease. The building offers ample parking with 146 spaces and convenient elevator access. Property taxes are $15 per square foot. The building's classification includes both retail and executive office space, making it suitable for a variety of businesses. With its strategic location, substantial size, and modern amenities, the Midlands Professional Centre provides an excellent opportunity for businesses seeking a prominent presence in the thriving Papillion market. The property consists of one building with three suites, offering flexibility for various business needs. This is a multi-tenant building.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1998
Construction STEEL FRAME
Total area 12,342 SF
Lot 2.18 ac (94,882 SF)
Zoning code 1
APN 11592917
UPID US57-0162035
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
AI Approach AI
$2.83M
CAP Approach CAP
$2.86M
Comparable Approach Comparable
$3.14M
Blend (final) Blend
$2.88M
Owner & transaction history
Advantage Gretna West LLC
Advantage Gretna West LLC
since 2026
3 recorded transactions
2026
Price N/A
2022
$3.3M
1969
Price N/A
Zoning & alternative use
1 · Papillion, NE
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general) $4.6M +96.1%
Neighborhood: shopping center $3.0M +27.2%
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message