Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    24202 Us-275 Waterloo, NE 68069
    Back to Search
    Property profile & analytics

    24202 Us-275, Waterloo, NE 68069

    View on Map
    • Warehouses
    • 10,000 SF
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Warehouses

    Property Details for 24202 Us-275

    Year built
    2024
    Property type
    Warehouses
    Property subtype
    Retail properties & Spaces

    Description

    Elkhorn Valley Acres, located at 24202 US-275 in Waterloo, Nebraska (zip code 68069), offers a unique opportunity for businesses seeking flexible industrial space. This newly constructed (2024) property boasts a total of 10,000 square feet and is comprised of three suites, allowing for multiple tenancy options. The property is categorized as Retail, Office, and Industrial, encompassing Traditional Office, Manufacturing, Flex, Warehouse, and Distribution uses. Spaces are available in sizes ranging from a minimum of 2,000 square feet to a maximum contiguous space of 8,000 square feet, providing scalability for various business needs. The property's location in Waterloo, NE offers convenient access to major transportation routes, making it an ideal location for distribution and logistics operations. Currently, one space is immediately available. This multi-use property presents a rare opportunity to secure modern, adaptable space in a prime Nebraska location. Contact us today to learn more about leasing options and explore the possibilities for your business at Elkhorn Valley Acres.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Waterloo
    County
    Douglas
    State
    Nebraska
    Longitude
    -96.2973
    Latitude
    41.2938

    Comparable in this City

    • Value Estimation by Request
      30,000 SF

      250th Maple Rd

      Distribution properties
      250th Maple Rd, Waterloo, NE 68069
      View Details
    • Value Estimation
      $2,615,000
      49,596 SF

      104 Frnt St

      DISTRIBUTION WAREHOUSE
      104 Frnt St, Waterloo, NE 68069-2120
      View Details
    • Value Estimation by Request

      2720 River Road Dr

      Flex space
      2720 River Road Dr, Waterloo, NE 68069
      View Details
    • Value Estimation
      $2,060,000
      27,200 SF

      Waterloo, NE 68069

      MINI-WAREHOUSE, STORAGE
      Waterloo, NE 68069
      View Details
    • Value Estimation
      $565,000
      6,000 SF

      305 Frnt St

      MINI-WAREHOUSE, STORAGE
      305 Frnt St, Waterloo, NE 68069-2115
      View Details
    • Value Estimation
      $810,000
      8,000 SF

      23914 Cedar Holw Mall

      MINI-WAREHOUSE, STORAGE
      23914 Cedar Holw Mall, Waterloo, NE 68069-9515
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Valley, NE Commercial Property

      Commercial property in Valley, NE, ranging from 0.5 to 20 acres.
      E Meigs St, Valley, NE 68069
      View Details
    • $65,000
      0.25 Acres

      Residential Lot in Waterloo, NE

      Residential lot in a mixed-use development near Elkhorn.
      23809 Mary Jo Ln, Waterloo, NE 68069
      View Details
    • $75,000
      0.25 Acres

      Residential Lot in Waterloo, NE

      Residential lot in a mixed-use development near local amenities.
      23721 Mary Jo Ln, Waterloo, NE 68069
      View Details
    • $125,000
      0.73 Acres

      Residential Lot in Waterloo, NE

      Residential lot in a mixed-use development near Elkhorn.
      23708 Mary Jo Ln, Waterloo, NE 68069
      View Details
    • $65,000
      0.25 Acres

      Residential Lot in Waterloo, NE

      Residential lot in a mixed-use development near Elkhorn.
      23805 Mary Jo Ln, Waterloo, NE 68069
      View Details
    • $75,000
      0.31 Acres

      Residential Lot in Waterloo, NE

      Residential lot in a mixed-use development near Elkhorn.
      23715 Mary Jo Ln, Waterloo, NE 68069
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Retail Space in Waterloo Event Center

      Retail suites available in new event center with water views.
      110 S 243Rd St, Waterloo, NE 68069
      View Details
    • Contact for pricing

      Storefront Bays For Rent

      Commercial storefront bays available for rent, opening September 15, 2025.
      26404 W Center Rd, Waterloo, NE 68069
      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.
    24202 Us-275
    Waterloo, NE 68069
    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
    24202 Us-275, Waterloo, NE, 68069
    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!