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Commercial Property with Two Buildings

113 Rock Bluff Road Plattsmouth, NE 68048

113 Rock Bluff Road, Plattsmouth, NE, 68048
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Versatile commercial property in high-traffic area, suitable for various businesses.

Property Size4,272 SF
Price / SF$222.38
AddedJul 2, 2024
Days on Market744
Last RefreshMay 12 at 10:02 pm

Property Features for 113 Rock Bluff Road

General Information

Standard status
Active
Size
4,272 SF
Property subtype
Mixed Use, Office, Retail

Listing office NHS Commercial

Listing date Jul 2, 2024

Source Crexi

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of NHS Commercial


Investment Insights

Based on property information with market context.

This commercial property features two buildings and a parking lot. Situated in a high-traffic area, it offers visibility and accessibility. The location is adjacent to the newly constructed four lanes of Highway 75, with traffic from Rock Bluff Road to the neighboring Beaver Lake community. New home construction in the area has been unable to meet demand. The property offers opportunities to complement existing businesses. Potential business uses include retail, medical, dental, veterinary services, landscaping, construction, recreational sales, and daycare. The property could also be used for rental income generation, with the southern parcel utilized for storage needs for construction or building companies. The outbuilding provides practical storage, and there is green space for storage or expansion on the southern portion of the parcel. The property size is 4272 square feet.

Key Highlights

  • High‑traffic location adjacent to newly constructed Highway 75 with excellent visibility.
  • Unique opportunity as the first commercial building off Hwy 75 in the area to be on the market in many years.
  • Two spacious buildings and a well‑maintained parking lot suitable for various business ventures.

Local Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $102.0k $23.88
− Vacancy −$7.9k −$1.84
EGI $94.2k $22.04
− OpEx −$23.5k −$5.51
NOI $70.6k $16.53
4,272 SF · lease $23.88/SF/yr · vacancy 7.70% · expense 25.00%

Alternative Uses

Best Use
Office B
$1.01M
$882.8K – $1.18M (±1% cap)
NOI $70,620 @ 7.0% cap · market cap 7.43%
Second Best
Mixed Use
$762.1K
$666.8K – $889.1K (±1% cap)
NOI $53,347 @ 7.0% cap · market cap 5.62%
Theoretical Best
Office A
$1.12M
$982.0K – $1.31M (±1% cap)
NOI $78,560 @ 7.0% cap · market cap 8.27%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Day care centers

Suggested Use

Building Supply Restaurant (Bike/Boat/Book/etc) Store Nail Salon Spa & Massage Center Hair Salon Accounting Firm Wine and Liquor Store Storage Facility Bar & Pub

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

FAQs

What type of property is this?
Mixed-use property - Versatile commercial property in high-traffic area, suitable for various businesses.
Where is this mixed-use property located?
The property is located at 113 Rock Bluff Road Plattsmouth, NE.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: High‑traffic location adjacent to newly constructed Highway 75 with excellent visibility.; Unique opportunity as the first commercial building off Hwy 75 in the area to be on the market in many years.; Two spacious buildings and a well‑maintained parking lot suitable for various business ventures.
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