Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    3809 Twin Creek Dr Bellevue, NE 68123
    Back to Search
    Property profile & analytics

    3809 Twin Creek Dr Bellevue, NE 68123

    View on Map
    • Turn key restaurants
    • 4,386 SF
    • 1.59 lot acres
    For Sale
    $75,000
    View Listing →
    Bellevue Freestanding Retail Building For Sale For Sale
    $75,000
    4,506 SF

    Bellevue Freestanding Retail Building For Sale

    Vacant freestanding retail building in Bellevue, Nebraska available for sale.

    3809 Twin Creek Dr, Bellevue, NE 68123
    View Listing
    Property ID
    US57-0057006
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Village Inn / Restaurant

    Property Details for 3809 Twin Creek Dr

    Year built
    2005
    Construction
    CONCRETE
    Lot size
    1.59 lot acres
    Property size
    4,386 SF
    Property type
    Turn key restaurants
    APN
    11584749
    APU
    11584749

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $375,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $664,000
      Market price range: $361k - $825k

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Bellevue
    County
    Sarpy
    State
    Nebraska
    Longitude
    -95.9699
    Latitude
    41.1405
    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
    $19,451
    $621,531
    $308,469
    $930,000
    -
    $621,531
    $308,469
    $930,000

    Comparable in this City

    • Value Estimation
      $675,000
      9,773 SF

      10308 23rd St

      RESTAURANT • 9,773 SF
      10308 23rd St, Bellevue, NE 68123-2402
      View Details
    • Value Estimation by Request
      2,688 SF

      12510 29th Ave

      RESTAURANT • 2,688 SF
      12510 29th Ave, Bellevue, NE 68123-1905
      View Details
    • Value Estimation
      $600,000
      4,392 SF

      1511 Gregg Rd

      RESTAURANT • 4,392 SF
      1511 Gregg Rd, Bellevue, NE 68123-4073
      View Details
    • Value Estimation
      $520,000
      4,041 SF

      1503 Cornhusker Rd

      RESTAURANT • 4,041 SF
      1503 Cornhusker Rd, Bellevue, NE 68123-4419
      View Details
    • Value Estimation by Request
      3,648 SF

      16609 Clay St

      BAR, TAVERN • 3,648 SF
      16609 Clay St, Bellevue, NE 68123-3642
      View Details
    • Value Estimation by Request

      3905 Twin Creek Dr

      Restaurants
      3905 Twin Creek Dr, Bellevue, NE 68123
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      4,506 SF

      Bellevue Freestanding Retail Building For Sale

      Vacant freestanding retail building in Bellevue, Nebraska available for sale.
      3809 Twin Creek Dr, Bellevue, NE 68123
      View Details
    • Contact for pricing
      9,500 SF

      Bellevue Commercial Space For Sale

      High-traffic location suitable for medical, corporate, or retail use.
      3704 Summit Plaza Dr, Bellevue, NE 68123
      View Details
    • Contact for pricing
      35,938 SF

      Prime Lot in Developing Area

      35,938 SF lot in Bellevue, NE, great visibility.
      48th St & Hwy 370, Bellevue, NE 68123
      View Details
    • $2,245,518

      Highway 75 Visible Land

      Land with excellent visibility near Offutt Air Force Base.
      1307 Fairview Rd, Bellevue, NE 68123
      View Details
    • Contact for pricing

      Industrial Land Ready For Development

      10.08 acre industrial parcel with Highway 75 access.
      13055 S 13Th St, Bellevue, NE 68123
      View Details
    • $666,552

      Commercial Land in Daniell Crossing

      1.275 acre commercial lot in Sarpy County, Nebraska.
      2904 Samson Way, Bellevue, NE 68123
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Wolf Creek Shopping Center Space

      Retail space available in dominant Bellevue neighborhood shopping center.
      10503 S 15Th St, Bellevue, NE 68123
      View Details
    • $21 SF/Yr
      3,254 SF

      High-Visibility Retail Space Available

      Retail space with high visibility and excellent location in Bellevue.
      2903 Samson Way, Bellevue, NE 68123
      View Details
    • Contact for pricing

      Retail Space in Bellevue

      Retail space available in Bellevue's growing market.
      2903 Samson Way, Bellevue, NE 68123
      View Details
    • Contact for pricing

      Bellevue Retail/Office Property For Rent

      Multi-tenant retail/office property with high visibility and easy access.
      2219 Capehart Rd, Bellevue, NE 68123
      View Details
    • Contact for pricing
      370,000 SF

      Bellevue Warehouse Space Available

      370,000 square foot warehouse space for lease in Bellevue.
      10601 S 15Th St, Bellevue, NE 68123
      View Details
    • Contact for pricing

      Bellevue Outparcel Near Air Force

      0.87 acre outparcel anchored by Walmart Neighborhood Market.
      2109 Towne Center Dr, Bellevue, NE 68123
      View Details
    View Listing
    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.
    3809 Twin Creek Dr
    Bellevue, NE 68123
    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
    3809 Twin Creek Dr, Bellevue, NE, 68123
    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!