Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    28487 Laurel Circle Valley, NE 68064

    View on Map
    For Sale
    $220,000

    Residential - Valley, NE

    Added:
    Jan 6, 2026
    Days on Market:
    87
    Last Refresh:
    Apr 3 at 9:06 am

    Property Features for 28487 Laurel Circle

    General Information

    Property type
    Land
    Property subtype
    Other
    Exterior features
    Fence: IRON
    Fencing
    Fenced
    Standard status
    Active
    APN
    1040430056

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    2248.96
    Expense value
    600
    Expense
    Home Owner Assessments Fee
    Expense freq.
    Annually

    Building Details

    Architectural style
    Other
    BuilderName
    Charles Thomas Homes

    We can help!

    Listing Contact
    Tim Lowndes

    Listing agent Tim Lowndes

    Listing office eXp Realty LLC 7000 Olive Creek Rd, Firth, NE

    Listing date Jan 6, 2026

    MLS# 22600521 Listing URL

    Copyright © 2026 Great Plains Regional MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Lake Lot for Dream Home

    This is a rare opportunity to build a dream home on a stunning 87-acre spring-fed lake. The lot boasts over 10,500 sqft with a flat build site with very little incline to the water. There's ample space to create a dream home with plenty of yard leading down to the water's edge. The lot is situated in a peaceful no-wake cove. The lake is perfect for wakeboarding (no ballast), water skiing, jet skiing, or tubing. Enjoy a community beach, park and pickleball courts nearby, and a small town atmosphere. The property is located in Valley, NE, with low tax-levy 1.88 and no flood insurance required.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Real Estate Agency Spa & Massage Center Dental Office Building Supply Gym & Fitness Center Pharmacy Skin Care Clinic Accounting Firm Auto Repair Shop Big Box & Wholesale Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Valley
    County
    Douglas
    State
    Nebraska
    Longitude
    -96.3584
    Latitude
    41.3484

    Nearby Similar for Sale

    • $325,000

      Lakefront Homesite in Valley, Nebraska

      0.96 acre homesite with lake views and water frontage.
      5613 North 284th Circle, Valley, NE 68064
      View Details
    • $450,000

      Development Opportunity in Valley, NE

      Prime 3.26 AC parcel ready for development in Valley.
      6151 N 252nd Street, Valley, NE 68064
      View Details
    • $335,000

      Lake View Acreage Homesite

      1.026 acre homesite with lake views and water frontage.
      5705 284th Circle, Valley, NE 68064
      View Details
    • $325,000

      Valley Land Ready For Development

      Two combined lots totaling 1.698 acres in Valley, Nebraska.
      7808 North 288th Street, Valley, NE 68064
      View Details
    • $315,000

      Lakefront Acreage Homesite Opportunity

      1.16 acre homesite with lake views and water frontage.
      5713 North 284th Circle, Valley, NE 68064
      View Details
    • $175,000

      Secluded Acreage Near Elkhorn River

      12.81 acres near Elkhorn River and sports complex.
      24646 Martin Avenue, Valley, NE 68064
      View Details
    • $699,000

      Commercial Land in Valley, NE

      1.81 acre commercial land for sale in Valley, Nebraska.
      Corner of N West St and N 276th Circle, Valley, NE 68064
      View Details
    • $2,888,750

      Prime Land Opportunity in Valley

      115.55 acres near Elkhorn Athletic Association Sports Complex.
      252nd & Ida Street, Valley, NE 68064
      View Details
    • $199,000

      Flatwater Lake Residential Lot

      Prime lot at Flatwater Lake for lakefront living.
      28586 Jessie Circle, Valley, NE 68064
      View Details
    • $793,893
      264,631 SF

      Commercial Land Near US Hwy

      Commercial land with quick access to major highways and cities.
      7202 North 280th Street, Valley, NE, 68064
      View Details
    • $215,000

      Flatwater Lake Residential Lot

      Residential lot in a private lake community near Omaha.
      28536 Jessie Circle, Valley, NE 68064
      View Details
    • $599,385

      Highway Frontage Land in Valley

      Shovel-ready land with utilities, ideal for retail development.
      266 North West Street, Valley, NE 68064
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Rare opportunity to build a dream home on a lake.
    Where is this residential land & home lot located?
    The property is located at 28487 Laurel Circle Valley, NE.
    What is the asking price?
    The asking price for this property is $220,000.
    What are key features of this property?
    This property features: Largest flat lake lot available on an 87‑acre spring‑fed lake.; Over 10,500 sqft flat build site with minimal incline to the water.; Peaceful no‑wake cove location ideal for various water activities.
    (402) 306-0065
    We can help!
    Listing Contact
    Tim Lowndes
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    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
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!