Property profile

8951 126th St Papillion, NE 68138

OFF-MARKET
Warehouses
Property ID
US57-1107167
30,000 SF 4.91 ac lot Built 1998
Entity Owned Absentee Owner Free & Clear
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This 40,500 square foot warehouse, built in 1998, sits on a 4.91-acre lot in Omaha, Nebraska's desirable Sarpy West submarket (I-1 zoning). The property boasts significant recent capital improvements, including exterior painting and major parking lot repairs. A nearly move-in-ready second-floor office space is available. The current tenant, in place for 13 years, occupies a multi-tenant building with ample opportunity for expansion. The site is underdeveloped, allowing for expanded outdoor storage/trailer parking (up to 0.5 acres) or the construction of an additional building (up to 30,000 square feet). Its prime location offers easy access to I-80 via the West Giles Rd/S 126th St interchange (1.5 miles). The Sarpy West submarket, the largest in the Omaha metro, currently has a 5.62% vacancy rate and has seen 9,345,370 square feet of new construction since 2020, totaling 27.8 million square feet. Major submarket occupants include Claas, Facebook, FedEx, Google, and Amazon. This presents a compelling investment opportunity in a thriving industrial area. The asking price is $5,500,000.

Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1998
Construction CONCRETE
Total area 30,000 SF
Lot 4.91 ac (213,880 SF)
APN 11559431
UPID US57-1107167

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

8951 126th St Papillion, NE 68138-4000
Papillion metro Census 10629 OMAHA-COUNCIL BLUFFS, NE-IA METROPOLITAN STATISTICAL AREA
Google Maps

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

since 2025
Last sale
$5.2M
7 recorded transactions
2026
Price N/A
2025
$5.2M
2016
$3.2M
2008
$1.4M
2004
$1.5M
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
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?”
You own 8951 126th St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
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