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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    7204 124th Cir La Vista, NE 68128-5608

    • Automotive properties
    • 4,065 SF
    • 7.04 lot acres
    OFF-MARKET
    Value Estimations
    $550,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US57-0099489
    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

    • Automotive properties

    Property Details for 7204 124th Cir

    Year built
    2002
    Construction
    CONCRETE
    Lot size
    7.04 lot acres
    Property size
    4,065 SF
    Property type
    Automotive properties
    APN
    11574719
    APU
    11574719

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $545,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $556,000
      Market price range: $192k - $556k

    • Alternative Use

      Use
      Estimation
      AUTO REPAIR, GARAGE
      $605,000
      Current use
      NEIGHBORHOOD: SHOPPING CENTER
      $760,000
      Change: +26% Conversion: Difficult
      RETAIL STORES
      $635,000
      Change: +5% Conversion: Difficult
      MEDICAL BUILDING
      $615,000
      Change: +2% Conversion: Difficult
      OFFICE BUILDING
      $595,000
      Change: -2% Conversion: Difficult
      COMMERCIAL (GENERAL)
      $570,000
      Change: -6% Conversion: Moderate

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

    Location Insight

    • Map
    • Local Demand
    City
    La Vista
    County
    Sarpy
    State
    Nebraska
    Longitude
    -96.107
    Latitude
    41.1884
    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
    $107,790
    $1,534,110
    $3,798,027
    $5,332,137
    -
    $1,534,110
    $3,798,027
    $5,332,137

    Comparable in this City

    • Value Estimation
      $475,000
      1,915 SF

      7108 124th Cir

      VEHICLE SALES, RENTALS • 1,915 SF
      7108 124th Cir, La Vista, NE 68128-5609
      View Details
    • Value Estimation
      $460,000
      3,388 SF

      7010 124th Cir

      VEHICLE SALES, RENTALS • 3,388 SF
      7010 124th Cir, La Vista, NE 68128-5600
      View Details
    • Value Estimation
      $335,000
      6,080 SF

      8200 Park Vw Blvd

      AUTO REPAIR, GARAGE • 6,080 SF
      8200 Park Vw Blvd, La Vista, NE 68128-2134
      View Details
    • Value Estimation
      $350,000
      5,000 SF

      8208 Harrison St

      AUTO REPAIR, GARAGE • 5,000 SF
      8208 Harrison St, La Vista, NE 68128-2916
      View Details
    • Value Estimation
      $580,000
      12,498 SF

      10939 Harrison St

      AUTO REPAIR, GARAGE • 12,498 SF
      10939 Harrison St, La Vista, NE 68128-5711
      View Details
    • Value Estimation
      $435,000
      7,696 SF

      7850 Harrison St

      AUTO REPAIR, GARAGE • 7,696 SF
      7850 Harrison St, Ralston, NE 68128-2911
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      16.08 Acres

      Val Vista Commercial Land - La Vista, NE

      Prime Commercial Land, La Vista, Nebraska.
      108th & Giles Commercial Nec, La Vista, NE 68128
      View Details
    • $1,900,000
      8,000 SF

      La Vista Retail Opportunity

      Retail property for sale in La Vista, Nebraska.
      7828 S 123Rd Plz, La Vista, NE 68128
      View Details
    • Contact for pricing
      1.64 Acres

      La Vista Restaurant Outparcel Opportunity

      1.64-acre C-1 zoned retail/restaurant site.
      9460 Giles Rd, La Vista, NE 68128
      View Details
    • $628,596
      1.52 Acres

      Portal Plaza: Papillion Retail Land

      Prime Papillion retail land, I-80 access.
      108th Rd, Papillion, NE 68128
      View Details
    • $8,772,793
      23.00 Acres

      La Vista Commercial Land - $8.7M

      23 Acres, High-Traffic Giles Road Location
      114 114Th St, La Vista, NE 68128
      View Details
    • $1,241,460
      3.00 Acres

      La Vista Commercial Land - $1.2M

      Prime 3-acre C-2 zoned lot, ideal for development.
      12529 Giles Rd, La Vista, NE 68128
      View Details

    Similar Nearby for Lease

    • $30 SF/Yr
      5,688 SF

      La Vista Medical/Retail Opportunity

      Prime 0.74-acre pad site, 5,688 SF building.
      8021 84Th St, La Vista, NE 68128
      View Details
    • $21 SF/Yr
      2,000 SF

      Retail Space with Front Parking

      Retail space with front door parking and tenant improvement options.
      18920 Edna St, Omaha, NE 68128
      View Details
    • $24 SF/Yr
      50,000 SF

      Retail Space in La Vista

      Retail space for lease in La Vista City Centre.
      8219 City Ctr Dr, La Vista, NE 68128
      View Details
    • $17 SF/Yr
      47,505 SF

      La Vista Retail Center Opportunity

      Prime La Vista retail space available.
      9631 Giles Rd, La Vista, NE 68128
      View Details
    • $14 SF/Yr
      24,650 SF

      La Vista Retail Center - Prime Location

      High-visibility retail space, ample parking.
      7308 Harrison St, La Vista, NE 68128
      View Details
    • $17 SF/Yr
      5,289 SF

      Retail Space with Drive-Thru Potential

      Retail space in a dense residential area with drive-thru potential.
      9727-9841 Giles Rd, La Vista, NE 68128
      View Details
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    7204 124th Cir
    La Vista, NE 68128-5608
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    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
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