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    Property profile & analytics

    20303 Park Rd Elkhorn, NE 68022-2788

    • Grocery and convenience stores
    • 3,036 SF
    • 1.10 lot acres
    OFF-MARKET
    Value Estimation
    $270,000
    Location Intelligence
    Property ID
    US57-0226953
    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

    • Grocery and convenience stores

    Property Details for 20303 Park Rd

    Year built
    1954
    Lot size
    1.10 lot acres
    Property size
    3,036 SF
    Property type
    Grocery and convenience stores
    APN
    118030002
    APU
    118030002

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $250,000

    • CAP approach

      CAP return
      Estimation
      6%
      $305,000
      6.5%
      $275,000
      7%
      $280,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $260,000
      Geo Method
      $300,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $255,000
      Retail
      $270,000
      Mixed-Use
      $255,000
      Hospitality
      $310,000
      Educational
      $265,000
      Residential Income
      $340,000
      Energy
      $280,000
      Income-Based Land
      $290,000
      Food Service
      $305,000

    Location Insight

    • Map
    • Local Demand
    City
    Elkhorn
    County
    Douglas
    State
    Nebraska
    Longitude
    -96.2337
    Latitude
    41.2802
    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
    $4,733
    $122,200
    $102,900
    $225,100
    -
    $122,200
    $102,900
    $225,100

    Comparable in this City

    • Value Estimation by Request
      3,490 SF

      711 205th St

      FINANCIAL BUILDING • 3,490 SF
      711 205th St, Elkhorn, NE 68022-4720
      View Details
    • Value Estimation by Request
      2,964 SF

      909 180th St

      RETAIL STORES (PERSONAL SERVICES) • 2,964 SF
      909 180th St, Elkhorn, NE 68022-6923
      View Details
    • Value Estimation by Request
      3,440 SF

      3808 203rd St

      FINANCIAL BUILDING • 3,440 SF
      3808 203rd St, Elkhorn, NE 68022-3307
      View Details
    • Value Estimation
      $245,000
      4,376 SF

      2613 Main St

      RETAIL STORES (PERSONAL SERVICES) • 4,376 SF
      2613 Main St, Elkhorn, NE 68022-2356
      View Details
    • Value Estimation by Request
      2,900 SF

      20241 Manderson St

      FINANCIAL BUILDING • 2,900 SF
      20241 Manderson St, Elkhorn, NE 68022-3234
      View Details
    • Value Estimation
      $225,000
      2,074 SF

      2701 Main St

      RETAIL STORES (PERSONAL SERVICES) • 2,074 SF
      2701 Main St, Elkhorn, NE 68022-2358
      View Details

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    Similar Nearby for Lease

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    Elkhorn, NE 68022-2788
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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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