1304 Harlan Dr Bellevue, NE 68005-3648
- Medical offices
- 1,036 SF
- 0.20 lot acres
Current Use by Public Records
- Brent Jamison Rising / Dentist
Property Details for 1304 Harlan Dr
- Year built
- 1990
- Construction
- WOOD FRAME
- Lot size
- 0.20 lot acres
- Property size
- 1,036 SF
- Zone code
- 1
- Property type
- Medical offices
- Property subtype
- Medical space
- APN
- 11591537
- APU
- 11591537
Description
This exceptional investment opportunity presents a single-tenant, free-standing retail building located at 1304 Harlan Drive in Bellevue, Nebraska. The 1,595 square foot building, constructed in 1990 and renovated in 2008, sits on a 0.2-acre lot and is currently 100% occupied by Omaha Tobacco, LLC, under a triple-net (NNN) lease. The lease commenced December 1, 2023, and has a remaining term of 10.3 years, with a 1-5 year renewal option. The asking price is $545,000, representing a compelling 7.5% cap rate based on a net operating income (NOI) of $41,097. The property benefits from a strong tenant with a proven track record
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $290,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $325,000
- 6.5%
- $280,000
- 7%
- $320,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $260,000
- Geo Method
- $255,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $310,000
- Retail
- $270,000
- Mixed-Use
- $325,000
- Hospitality
- $270,000
- Educational
- $280,000
- Residential Income
- $330,000
- Energy
- $250,000
- Income-Based Land
- $330,000
- Food Service
- $265,000
Location Insight
- Map
- Local Demand
- City
- Bellevue
- County
- Sarpy
- State
- Nebraska
- Longitude
- -95.9106
- Latitude
- 41.1415
- CBSA code
- 36540
- CBSA name
- OMAHA-COUNCIL BLUFFS, NE-IA METROPOLITAN STATISTICAL AREA