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Property profile & analytics
FOR SALE
Commercial land

785 Olson Dr Papillion, NE 68046

4.54 ac lot
Entity Owned 4-yr Hold ~ Est. High Equity
Property ID
US57-0533700
Property summary
AI-generated overview

This exceptional 4.54-acre development site is ideally located near Shadow Lake Towne Center in rapidly growing Papillion, Nebraska. Boasting a prime location just off the main entrance to Shadow Lake Towne Center, this property offers unparalleled visibility and accessibility. Its strategic proximity to Highway 370 ensures high daily traffic exposure, maximizing potential for any development. The property is zoned GC, permitting a wide range of commercial uses, including the possibility of multi-family residential development. The asking price is $988,810, translating to a land value of $5 per square foot. The APN is 011594878. This versatile site presents a unique opportunity to capitalize on the thriving Papillion market and the amenities of Shadow Lake Towne Center. An additional 1.34-acre retail/office pad site is also available for potential acquisition. The property's address is 785 Olson Dr, Papillion, NE 68046. Serious inquiries are encouraged to explore the possibilities of this exceptional development opportunity.

Property profile
Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 4.54 ac (197,762 SF)
APN 11594878
UPID US57-0533700
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
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
700 Olson Drive Holdings LLC · 4 yrs held
700 Olson Drive Holdings LLC
since 2021
Last sale
$400,000
4 recorded transactions
2024
Price N/A
2021
$400,000
2015
Price N/A
2015
$600,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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