Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    114 114Th St La Vista, NE 68128
    Back to Search
    Property profile & analytics

    114 114Th St, La Vista, NE 68128

    View on Map
    • Land
    • 23.00 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 114 114Th St

    Lot size
    23.00 lot acres
    Property type
    Land

    Description

    This exceptional 23-acre commercial land parcel in La Vista, Nebraska, presents a unique investment opportunity. Located on highly trafficked Giles Road in Sarpy County (zip code 68128), this property boasts over half a mile of road frontage, ensuring unparalleled visibility for any development. Currently zoned TA (Agricultural), the City of La Vista is open to considering rezoning to I-1 (Industrial) or C-3 (Highway Commercial/Office Park) classifications, offering significant flexibility for future projects. The asking price is $8,772,793, translating to $8.75 per square foot and $381,425 per acre. The property's strategic location benefits from proximity to the burgeoning Southport development, including the new CHI Health Multi-Sport complex, anticipated to draw substantial foot traffic and participation. Nearby amenities include Smash Park, Starbucks, and Panda Express, further enhancing the site's appeal. Easy access to I-80 provides excellent connectivity. While currently designated as a floodplain, the Papio-Missouri NRD is actively working to remove this designation. Utilities are readily available in the street. This is an ideal site for an owner-user seeking high visibility and immediate access to infrastructure, eliminating the need to wait for sewer expansion. The lot dimensions are irregular, and the total square footage is approximately 1,002,605. This prime location offers tremendous branding potential within Sarpy County.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    La Vista
    County
    Sarpy
    State
    Nebraska
    Longitude
    -96.0899
    Latitude
    41.1766

    Comparable in this City

    • Value Estimation by Request
      0.74 Acres

      8021 84Th St

      Medical Office Space
      8021 84Th St, La Vista, NE 68128
      View Details
    • Value Estimation by Request
      120.00 Acres

      I-80 And Harrison St

      Land
      I-80 And Harrison St, La Vista, NE 68128
      View Details
    • Value Estimation by Request
      3.00 Acres

      12529 Giles Rd

      Land
      12529 Giles Rd, La Vista, NE 68128
      View Details
    • Value Estimation by Request
      0.83 Acres

      120 120Th St

      Land
      120 120Th St, La Vista, NE 68128
      View Details
    • Value Estimation by Request
      4.50 Acres

      Giles Rd And Southport Pkwy

      Land
      0 Giles Rd And Southport Pkwy, La Vista, NE 68128
      View Details
    • Value Estimation by Request
      16.08 Acres

      108th & Giles Commercial Nec

      Retail properties & Spaces
      108th & Giles Commercial Nec, La Vista, NE 68128
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Land Suitable for Flex Project

      Land with convenient I-80 access, ideal for flex project.
      108 108Th St, La Vista, NE 68128
      View Details
    • Contact for pricing

      Land Available in La Vista

      Land for sale at 10940 Harry Watanabe Pkwy, La Vista.
      10940 Harry Watanabe Pkwy, La Vista, NE 68128
      View Details
    • Contact for pricing

      Land For Sale La Vista

      Land available for sale in La Vista, Nebraska.
      7120 S 114Th St, La Vista, NE 68128
      View Details
    • Contact for pricing

      LaVista Land For Sale

      Approximately 1.45 acres of land in growing LaVista, Nebraska.
      11535 Virginia Plz, La Vista, NE 68128
      View Details
    • Contact for pricing

      Land Available For Sale

      2.41 to 4.93 acre sites available for sale.
      Southport Pkwy & Giles Rd, La Vista, NE 68128
      View Details
    • Contact for pricing
      17 SF

      La Vista Industrial Lots Available

      Industrial lots for sale in rapidly growing Sarpy County.
      11710 Peel Cir, La Vista, NE 68128
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      1 SF

      Commercial Outparcel for Lease

      1.64 acre commercial outparcel suitable for retail or office.
      9460 Giles Rd, La Vista, NE 68128
      View Details
    • Contact for pricing

      Land for Ground Lease

      Land available for ground lease or build to suit.
      7308 Harrison St, La Vista, NE 68128
      View Details
    • Contact for pricing

      Modern Office Space in Southport

      Exceptional office space with modern finishes and convenient amenities.
      12325 Port Grace Blvd, La Vista, NE 68128
      View Details
    • Contact for pricing

      High-Quality Flex Space Available

      Flex space in Sarpy West Industrial submarket for rent.
      10960 Harry Watanabe Pkwy, La Vista, NE 68128
      View Details
    • Contact for pricing

      Industrial Space Available For Lease

      Industrial space with office component available for lease in 2026.
      12304 Cary Cir, La Vista, NE 68128
      View Details
    • Contact for pricing
      5,000 SF

      Brook Valley Flex Space Available

      High-end flex space in Brook Valley Industrial Park.
      7001-7011 S 109Th St, Omaha, NE 68128
      View Details
    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.
    114 114Th St
    La Vista, NE 68128
    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

    Thank You for Inquiry
    114 114Th St, La Vista, NE, 68128
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!