Commercial Real Estate Market in Bellevue, NE
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
40 active listings and 702 off-market properties in Bellevue, NE. Commercial property asks $116/SF to buy (based on 4 listings) and $15.88/SF/Yr to lease.
Market Trends
Bellevue, NE spans 66.4 square miles in Sarpy County, Nebraska. Figures below refresh monthly; last updated 31 October 2026.
Office
Office vacancy in Bellevue, NE runs 21.3% across the Midwest region in 2025, up from 13.7% in 2019.
Retail
Retail vacancy in Bellevue, NE runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Industrial
Industrial space in Bellevue, NE has a median asking sale price of $81/SF (based on 3 listings). Vacancy runs 4.9% across the Midwest region in 2025, up from 4.4% in 2019. Nearly 1.6x the 2022 low of 3.1%.
Multifamily
Multifamily vacancy in Bellevue, NE runs 8% across the Midwest region in 2025, up from 6.5% in 2022.
Zoning & Land Use
Land Use Mix share of zoned land by category
- Agricultural 42.9%
- Residential 37%
- Civic 8.5%
- Industrial 6.8%
- Commercial 4.6%
- Mixed use 0.2%
Largest Zones share of zoned land by district
Section 5.05 AG Agricultural District 5.05.01 Intent: The Agricultural District is established for the purpose of preserving agricultural resou rces within the extraterritorial jurisdiction of Bellevue and is unlikely to be compatible with adjacent urban growth within the planning period. However, it is not intended for commercial feedlot operations for live…
Market overview
Demographics & Economy
Bellevue, NE has 86,056 residents in 34,660 households. Density runs 1,296 people per square mile. Median household income here is $93,074 and median gross rent $1,279 a month.
Tools
Nearby Markets
| Market | Median Asking Price, $/SF | Median Asking Rent, $/SF/Yr |
|---|---|---|
| Papillion | $165 | $18.75 |
| Council Bluffs | $107 | $16.13 |
Commercial property in Bellevue, NE asks $116/SF. The 2 bordering markets run from $107/SF in Council Bluffs to $165/SF in Papillion, and the city sits below their $136/SF median.
Frequently Asked Questions
What is the median price per square foot for commercial property in Bellevue?
How much does it cost to lease commercial space in Bellevue?
How does Bellevue compare to nearby markets on price?
Where does Realmo's Bellevue market data come from?
Methodology & data sources
- Asking prices and medians
- There are 16 active for-sale and 24 active for-lease listings in Bellevue, NE. The medians are based on 4 of the for-sale and 12 of the for-lease listings, those that state a price or rent per square foot. These are ASKING figures from live listings, not closed-transaction prices, and a figure resting on fewer than 10 listings says so where it is quoted.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Zoning and land use
- The current municipal zoning release: 34,766 zoned acres across 21 districts. Shares are of zoned land, so parcels the release leaves unclassified are excluded from the mix.
- Refresh
- The monthly aggregates close at the end of the previous month, so 31 October 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at Midwest region level, retail vacancy is reported at Midwest region level and industrial vacancy is reported at Midwest region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 31 October 2026 · How Realmo checks market page data · Report a data issue
