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

    7608 Gertrude St La Vista, NE 68128-2249

    • Day care centers
    • 5,330 SF
    • 0.95 lot acres
    OFF-MARKET
    Last Sale
    Jun 03, 2021
    $1,615,462
    Value Estimations
    $1,605,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US57-0193921
    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

    • Day care centers

    Property Details for 7608 Gertrude St

    Year built
    2011
    Lot size
    0.95 lot acres
    Property size
    5,330 SF
    Property type
    Day care centers
    APN
    11591841
    APU
    11591841

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $1,510,000
      ML approach
      $1,685,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,602,000
      Market price range: $544k - $1.70M

    • Alternative Use

      Use
      Estimation
      COLLEGE, UNIVERSITY, VOCATIONAL SCHOOL - PRIVATE
      $1,160,000
      Current use
      RESTAURANT
      $1,750,000
      Change: +51% Conversion: Difficult
      NEIGHBORHOOD: SHOPPING CENTER
      $995,000
      Change: -14% Conversion: Difficult

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

    Location Insight

    • Map
    • Local Demand
    City
    La Vista
    County
    Sarpy
    State
    Nebraska
    Longitude
    -96.0316
    Latitude
    41.1899
    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
    $16,832
    $185,436
    $647,205
    $832,641
    -
    $185,436
    $647,205
    $832,641

    Comparable in this City

    • Value Estimation by Request
      4,587 SF

      7105 74th St

      DAY CARE, PRE-SCHOOL • 4,587 SF
      7105 74th St, La Vista, NE 68128-2207
      View Details
    • Value Estimation by Request
      4,475 SF

      8623 Brentwood Dr

      DAY CARE, PRE-SCHOOL • 4,475 SF
      8623 Brentwood Dr, La Vista, NE 68128-3336
      View Details
    • Value Estimation by Request
      2,625 SF

      7305 85th St

      DAY CARE, PRE-SCHOOL • 2,625 SF
      7305 85th St, La Vista, NE 68128-2108
      View Details
    • Value Estimation
      $1,410,000
      8,566 SF

      9625 Giles Rd

      DAY CARE, PRE-SCHOOL • 8,566 SF
      9625 Giles Rd, La Vista, NE 68128-2928
      View Details
    • Value Estimation
      $3,895,000
      11,769 SF

      8202 97th Plz

      DAY CARE, PRE-SCHOOL • 11,769 SF
      8202 97th Plz, La Vista, NE 68128-7100
      View Details
    • Value Estimation
      $875,000
      9,111 SF

      6925 115th St Plz

      PROFESSIONAL CLUBS/ASSOCIATIONS • 9,111 SF
      6925 115th St Plz, Papillion, NE 68128-4773
      View Details

    Similar Nearby for Sale

    • $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
    • $2,299,244

      Land Available Near I-80

      Commercial land with quick access to major highways.
      Chandler Rd, La Vista, NE 68128
      View Details
    • $2,445,459
      4.01 Acres

      Prime Development Land on Giles

      High-traffic commercial land ideal for retail or mixed-use development.
      Giles Rd, La Vista, NE 68128
      View Details
    • $2,150,000
      9,168 SF

      La Vista Office Building For Sale

      Office building for sale, ideal for owner occupant.
      9826 Giles Rd, La Vista, NE 68128
      View Details
    • $1,200,000
      4.36 Acres

      La Vista Commercial Land - 4.36 Acres

      Prime Commercial Land, High Visibility, C-3 Zoning
      8400 117Th St, La Vista, NE 68128
      View Details

    Similar Nearby for Lease

    • $6 SF/Yr
      30,933 SF

      La Vista Industrial Warehouse Space

      High-end flex space, 30,933 sqft.
      7001 109Th St, La Vista, NE 68128
      View Details
    • $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
    • $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
    • $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
    • $3 SF/Yr
      5,688 SF

      Stand-Alone Building on 84th Street

      Stand-alone building suitable for medical or retail use on 84th.
      8021 South 84Th St, La Vista, NE 68128
      View Details
    • $10 SF/Yr
      41,844 SF

      La Vista Flex Space - 22,626 SF Available

      Modern flex space in La Vista, Nebraska. Multiple units, ample parking.
      10717 Virginia Plz, La Vista, NE 68128
      View Details
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    7608 Gertrude St
    La Vista, NE 68128-2249
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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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