Add Listing
    For Lease
    • 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

    2109 Towne Center Dr Bellevue, NE 68123

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    0.87 acre outparcel anchored by Walmart Neighborhood Market.

    Property Features for 2109 Towne Center Dr

    General Information

    Standard status
    Active

    We can help!

    Listing Contact
    Mark Obermeyer
    Source: Cbre

    Listing Agency: CBRE | Omaha Listing Agent: Mark Obermeyer

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

    Learn more

    Overview

    Bellevue Outparcel Near Air Force

    This 0.87-acre outparcel is anchored by a Walmart Neighborhood Market. The property benefits from good visibility and access. It is located near Offutt Air Force Base, base housing, and numerous apartments. It represents the closest Walmart shopping option for communities to the south.
    Location Intelligence

    Current Use by Public Records

    Walmart Baby & Nursery ... Social Service Agency Walmart Patio & Garden ... Landscaping Walmart House Cleaning ... Hardware & Home Improvement KeyMe Locksmiths Locksmith Ria Money Transfer ... Bank

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Bellevue
    County
    Sarpy
    State
    Nebraska
    Longitude
    -95.9429738
    Latitude
    41.1168147

    Nearby Similar for Lease

    • Contact for pricing

      NE, Bellevue - Fort Crook Rd

      Discover many ways to work your way in AZ, Fountain Hills - 16930 E Palisades Blvd
      1408 Fort Crook Rd, Bellevue, NE 68005
      View Details
    • $7 SF/Yr
      114,851 SF

      Versatile Space in Southroads Tech Park

      Adaptable space suitable for office, retail, or institutional use.
      1001 Fort Crook Rd North, Bellevue, NE 68005
      View Details
    • $12 SF/Yr

      Functional Warehouse Space with Offices

      4,813 SF flex space with offices and warehouse.
      1003 Fort Crook Rd North, Bellevue, NE 68005
      View Details
    • $16 SF/Yr
      8,675 SF

      Bellevue Class A Office Space

      Professional office building near Offutt Air Force Base and Highway 370.
      4530 Maass Rd, Bellevue, NE 68123
      View Details
    • $15 SF/Yr
      2,526 SF

      Professionally Maintained Bellevue Office Space

      Well-maintained office building near Kennedy Freeway and Offutt Air Force Base.
      2206 Longo Dr, Bellevue, NE 68005
      View Details
    • $21 SF/Yr
      3,254 SF

      High-Visibility Retail Space Available

      Retail space with high visibility and excellent location in Bellevue.
      2903 Samson Way, Bellevue, NE 68123
      View Details
    • $17 SF/Yr
      10,490 SF

      Bellevue Office Space Near Offutt

      Office suites available for lease near Offutt Air Force Base.
      1311 Fort Crook Rd South, Bellevue, NE 68005
      View Details
    • $25 SF/Yr
      1,595 SF

      Retail Space in Bellevue, Nebraska

      Retail space for lease in Bellevue, near Omaha.
      1304 Harlan Dr, Bellevue, NE 68005
      View Details
    • $8 SF/Yr
      2,660 SF

      Freestanding Office/Retail Building For Rent

      Freestanding office/retail building with on-site parking and natural light.
      4105 Harrison St, Bellevue, NE 68147
      View Details
    • $6 SF/Yr

      Retail Space in American Plaza

      Retail and office spaces available in busy Bellevue shopping center.
      701 Galvin Rd S, Bellevue, NE 68005
      View Details
    • $15 SF/Yr

      Office Space Near Air Base

      Office suites available near Offutt Air Force Base.
      11515 S 39Th St, Bellevue, NE 68123
      View Details
    • Contact for pricing
      638 SF

      Bellevue Retail or Office Space

      Retail or office space in the heart of Bellevue, Nebraska.
      1315-1321 Galvin Rd S, Bellevue, NE 68005
      View Details

    FAQs

    What type of property is this?
    Commercial land - 0.87 acre outparcel anchored by Walmart Neighborhood Market.
    Where is this commercial land located?
    The property is located at 2109 Towne Center Dr Bellevue, NE.
    What are key features of this property?
    This property features: - 0.87 acre outparcel; - Walmart Neighborhood Market anchor; - Great visibility and access
    (402) 697-5825
    Request Owner's contact information
    2109 Towne Center Dr Bellevue, NE 68123
    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.
    2109 Towne Center Dr
    Bellevue, NE 68123
    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
    2109 Towne Center Dr Bellevue, NE 68123
    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

    We can help!
    Listing Contact
    Mark Obermeyer
    Real Estate License ID: NE 20000181
    Learn More
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!