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

    2206 Longo Dr Bellevue, NE 68005

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Office and retail space available for lease in Bellevue, Nebraska.

    Type:Office, Retail
    Property size:
    2,526 SF
    Added:
    Feb 21, 2023
    Days on Market:
    1149
    Last Refresh:
    Mar 17 at 1:19 pm

    Property Features for 2206 Longo Dr

    General Information

    Standard status
    Active
    Size
    2,526 SF
    Property subtype
    Office, Retail

    Building Details

    Year Built
    1999

    Spaces For Lease

    at 2206 Longo Dr Contact us

    $15 /Mo

    Size
    2,526 SF
    Type
    Office, Retail
    Contact us

    We can help!

    Listing Contact
    Mike Kaufman

    Listing agent Mike Kaufman License #NE 20080288

    Listing office CBRE - Omaha

    Listing date Feb 21, 2023

    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 CBRE - Omaha

    Overview

    Bellevue Office and Retail Space

    Suite 210 offers 2,526 square feet of available space, becoming available on July 1, 2025. The lease rate is $15.75 per square foot on a NNN basis, with low estimated NNN expenses. The City of Bellevue owns the property, which is zoned Business General. The property is a professionally well-maintained office building. It is conveniently located close to the Kennedy Freeway and Fort Crook Road, and minutes away from Offutt Air Force Base. The location provides convenient access to amenities, shopping, and entertainment. The Bellevue Public Library is also located in the building.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    SAIC Inc Company Nicole Sova, PT Physician Bellevue VA Clinic Medical Clinic VA Nebraska-Western Iowa ... Medical Clinic Clinical Research Advantage Gym & Fitness Center

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Bellevue
    County
    Sarpy
    State
    Nebraska
    Longitude
    -95.9225494
    Latitude
    41.1568402

    Nearby Similar for Lease

    • Contact for pricing

      NE, Bellevue - Fort Crook Rd

      1408 Fort Crook Rd, Unit 300, Bellevue, NE 68005
      View Details
    • $16/mo

      Bellevue Class A Office Space

      Professional office building near Offutt Air Force Base and Highway 370.
      4530 Maass Road, Bellevue, NE, 68123
      View Details
    • $15/mo

      Professionally Maintained Bellevue Office Space

      Well-maintained office building near Kennedy Freeway and Offutt Air Force Base.
      2206 Longo Drive, Bellevue, NE, 68005
      View Details
    • $17/mo

      Bellevue Office Space Near Offutt

      Office suites available for lease near Offutt Air Force Base.
      1311 Fort Crook Road South, Bellevue, NE, 68005
      View Details
    • $21/mo

      High-Visibility Retail Space Available

      Retail space with high visibility and excellent location in Bellevue.
      2903 Samson Way, Bellevue, NE, 68123
      View Details
    • $7/mo

      Versatile Space in Southroads Tech Park

      Adaptable space suitable for office, retail, or institutional use.
      1001 Fort Crook Road North, Bellevue, NE, 68005
      View Details
    • $8/mo

      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
    • $25/mo

      Retail Space in Bellevue, Nebraska

      Retail space for lease in Bellevue, near Omaha.
      1304 Harlan Drive, Bellevue, NE, 68005
      View Details
    • $15/mo

      Office Space Near Air Base

      Office suites available near Offutt Air Force Base.
      11515 S 39th Street, Bellevue, NE 68123
      View Details
    • $6/mo

      Retail Space in American Plaza

      Retail and office spaces available in busy Bellevue shopping center.
      701 Galvin Road S | Bellevue, NE 68005, NE 68005
      View Details
    • $12/mo

      Bellevue Retail or Office Space

      Retail or office space in the heart of Bellevue, Nebraska.
      1315-1321 Galvin Rd S, Bellevue, NE
      View Details
    • $10/mo

      Bellevue Flex/Industrial Space For Rent

      Flex/industrial space available for lease in Bellevue, Nebraska.
      1706 Galvin Road South, Bellevue, NE, 68005
      View Details

    FAQs

    What type of property is this?
    Office units - Office and retail space available for lease in Bellevue, Nebraska.
    Where is this office units located?
    The property is located at 2206 Longo Dr Bellevue, NE.
    What are key features of this property?
    This property features: Located close to Kennedy Freeway and Fort Crook Road.; Minutes away from Offutt Air Force Base.; Join the Bellevue Public Library in the building.
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Mike Kaufman
    Real Estate License ID: NE 20080288
    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!