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    Property profile & analytics

    5331 204th Ave Elkhorn, NE 68022-4384

    • Strip malls
    • 10,075 SF
    • 1.78 lot acres
    OFF-MARKET
    Value Estimation
    $4,370,000
    Last Sale
    Oct 25, 2023
    $4,475,000
    Location Intelligence
    Property ID
    US57-1179305
    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

    • Universal Wellness Source of Omaha / Chiropractor
    • Dr. Kaylynne Gasiorowski / Chiropractor / Practitioner Service Location
    • Dr. Ashlin Gasiorowski / Chiropractor / Practitioner Service Location
    • Bottles & Barrels / Beer Store / Wine Bar
    • Coventry Veterinary Clinic / Animal Hospital / Veterinarian

    Property Details for 5331 204th Ave

    Year built
    2022
    Lot size
    1.78 lot acres
    Property size
    10,075 SF
    Property type
    Strip malls
    Property subtype
    Neighborhood centers
    APN
    900630200
    APU
    900630200

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $4,325,000

    • CAP approach

      CAP return
      Estimation
      6%
      $4,425,000
      6.5%
      $4,130,000
      7%
      $4,250,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $4,575,000
      Geo Method
      $4,935,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $4,245,000
      Retail
      $4,515,000
      Mixed-Use
      $3,645,000
      Hospitality
      $4,150,000
      Educational
      $4,775,000
      Residential Income
      $4,580,000
      Energy
      $3,790,000
      Income-Based Land
      $4,675,000
      Food Service
      $4,665,000

    Location Insight

    • Map
    • Local Demand
    City
    Elkhorn
    County
    Douglas
    State
    Nebraska
    Longitude
    -96.2351
    Latitude
    41.203
    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
    $26,871
    $549,800
    $543,900
    $1,093,700
    -
    $549,800
    $543,900
    $1,093,700

    Comparable in this City

    • Value Estimation by Request
      11,457 SF

      1301 204th St

      SHOPPING CENTER, STRIP CENTER • 11,457 SF
      1301 204th St, Elkhorn, NE 68022
      View Details
    • Value Estimation by Request
      17,526 SF

      18101 Chicago St

      SHOPPING CENTER, STRIP CENTER • 17,526 SF
      18101 Chicago St, Elkhorn, NE 68022-4407
      View Details
    • Value Estimation by Request
      9,184 SF

      19115 Mason Plz

      SHOPPING CENTER, STRIP CENTER • 9,184 SF
      19115 Mason Plz, Elkhorn, NE 68022-5659
      View Details
    • Value Estimation
      $1,855,000
      11,280 SF

      20330 Veterans Dr

      SHOPPING CENTER, STRIP CENTER • 11,280 SF
      20330 Veterans Dr, Elkhorn, NE 68022-6901
      View Details
    • Value Estimation
      $1,800,000
      11,025 SF

      3105 204th St Ste, Unit 101

      SHOPPING CENTER, STRIP CENTER • 11,025 SF
      3105 204th St Ste, Elkhorn, NE 68022-1232
      View Details
    • Value Estimation by Request
      12,782 SF

      1314 205th St

      SHOPPING CENTER, STRIP CENTER • 12,782 SF
      1314 205th St, Elkhorn, NE 68022-4751
      View Details

    Similar Nearby for Sale

    • Contact for pricing
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      Omaha Development Opportunity

      Prime Omaha land, mixed-use potential
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      Omaha, NE: 5 Acres, Highway Frontage
      0 204 & Veterans Dr, Omaha, NE 68022
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    • $140,500
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      Residential Lots in Elkhorn, NE

      Residential lots available in the Avante subdivision, Elkhorn North district.
      5410 N 197Th St, Elkhorn, NE 68022
      View Details
    • $143,000
      0.54 Acres

      Residential Lots in Elkhorn North

      Residential lots available in the Avante subdivision, Elkhorn North district.
      5511 N 198Th St, Elkhorn, NE 68022
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    Similar Nearby for Lease

    • $14 SF/Yr
      2,685 SF

      Retail Space in Hillrise Center

      Retail space for lease in a well-located shopping center.
      2929 N 204Th St, Omaha, NE 68022
      View Details
    • $15 SF/Yr
      20,353 SF

      Elk Ridge Plaza Retail Space

      Omaha, NE retail/office space available.
      20275 Honeysuckle Dr, Omaha, NE 68022
      View Details
    • $33 SF/Yr
      7,200 SF

      Retail Space Near Future Baker's

      Retail space for lease adjacent to a planned grocery store.
      204Th St, Omaha, NE 68022
      View Details
    • $19 SF/Yr
      18,750 SF

      Prime Elkhorn Retail Space

      18,750 SF Retail Building - Available Now
      2611 204Th St, Omaha, NE 68022
      View Details
    • $30 SF/Yr
      12 SF

      Restaurant/Retail Space Near Maple Road

      Restaurant or retail space with high visibility, available Q1 2026.
      18118 Evans St, Elkhorn, NE 68022
      View Details
    • $15 SF/Yr
      2,419 SF

      Elkhorn Flex/Showroom/Retail Space

      Flex/showroom/retail space in Elkhorn, ready beginning of 2024.
      606 N 210Th St, Omaha, NE 68022
      View Details
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    Elkhorn, NE 68022-4384
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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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