713 Olson Dr Papillion, NE 68046
For Sale
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This exceptional 1.02-acre commercial lot in Papillion, Nebraska, presents a unique investment opportunity. Located on Highway 370, this property boasts excellent visibility and accessibility with two convenient entrances from the access road. Currently improved with a 3,802 square foot building, which functions as a self-service carwash, the property offers significant potential for redevelopment. The existing structure could be repurposed to create a variety of commercial spaces, including traditional or creative office spaces, making it an ideal canvas for a savvy investor. The zoning is designated 03-Commercial, allowing for a wide range of uses. The single-story building, constructed in 1981, provides a solid foundation for future development. Ample parking is available with 12 spaces on-site. This prime location in the thriving Sarpy County, with its zip code 68046, offers exceptional growth prospects and strong potential for a high return on investment. The property's strategic positioning along Highway 370 ensures high traffic volume and visibility, making it an attractive option for businesses seeking a prominent presence in the Papillion market. Don't miss this chance to acquire a versatile commercial property with immense upside.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
1 · Papillion, NEPapillion. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.