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    Property profile & analytics

    12702 Westport Pkwy Papillion, NE 68138-4012

    • Office buildings
    • 6,630 SF
    • 2.39 lot acres
    OFF-MARKET
    Value Estimation
    $5,730,000
    Last Sale
    Jun 09, 2021
    $5,700,000
    Location Intelligence
    Property ID
    US57-0106913
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Omaha Pain Physicians La Vista / Pain Management Physician
    • FYRA Engineering / Engineering Consultant
    • Integrative Healing Therapies / Lymph Drainage Therapist / Occupational Therapist
    • Kristina Mccutchen / Physician Assistant
    • Advance Services, Inc. / Employment Agency

    Property Details for 12702 Westport Pkwy

    Year built
    2009
    Lot size
    2.39 lot acres
    Property size
    6,630 SF
    Property type
    Office buildings
    APN
    11585977
    APU
    11585977

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $5,335,000

    • CAP approach

      CAP return
      Estimation
      6%
      $5,965,000
      6.5%
      $5,305,000
      7%
      $5,390,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $5,650,000
      Geo Method
      $6,870,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $5,495,000
      Retail
      $5,400,000
      Mixed-Use
      $6,375,000
      Hospitality
      $5,970,000
      Educational
      $6,130,000
      Residential Income
      $5,025,000
      Energy
      $5,710,000
      Income-Based Land
      $6,220,000
      Food Service
      $4,810,000

    Location Insight

    • Map
    • Local Demand
    City
    Papillion
    County
    Sarpy
    State
    Nebraska
    Longitude
    -96.1125
    Latitude
    41.1814
    CBSA code
    36540
    CBSA name
    OMAHA-COUNCIL BLUFFS, NE-IA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $97,639
    $832,520
    $3,997,480
    $4,830,000
    -
    $832,520
    $3,997,480
    $4,830,000

    Comparable in this City

    • Value Estimation by Request
      32,748 SF

      14558 Portal Cir

      OFFICE BUILDING • 32,748 SF
      14558 Portal Cir, Omaha, NE 68138-3501
      View Details
    • Value Estimation by Request
      8,642 SF

      13427 Lynam Dr

      OFFICE BUILDING • 8,642 SF
      13427 Lynam Dr, Omaha, NE 68138-4446
      View Details
    • Value Estimation by Request
      10,444 SF

      11260 131st Plz

      OFFICE BUILDING • 10,444 SF
      11260 131st Plz, Omaha, NE 68138-3907
      View Details
    • Value Estimation by Request
      12,129 SF

      14450 Mdws Blvd

      OFFICE BUILDING • 12,129 SF
      14450 Mdws Blvd, Omaha, NE 68138-3896
      View Details
    • Value Estimation
      $7,215,000
      11,858 SF

      11414 145th St

      OFFICE BUILDING • 11,858 SF
      11414 145th St, Omaha, NE 68138-4308
      View Details
    • Value Estimation by Request
      5,225 SF

      13356 Chandler Rd

      OFFICE BUILDING • 5,225 SF
      13356 Chandler Rd, Omaha, NE 68138-3701
      View Details

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    Similar Nearby for Lease

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    • $11 SF/Yr
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      La Vista Commercial Property Lease

      Commercial property for lease with build-to-suit opportunity.
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    • $9 SF/Yr
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      Industrial Space Available For Lease

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    • $7 SF/Yr
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      Industrial Space with Interstate Access

      25,000 SF industrial space featuring interstate access and signage.
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    Papillion, NE 68138-4012
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    Realmo Value Estimation

    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.

    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.

    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
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