Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    Twin Creek Dr, NE

    • Strip malls
    • 11,410 SF
    • 0.99 lot acres
    OFF-MARKET
    Value Estimations
    $1,385,000
    Cap Rate Potential
    Location Intelligence
    Property ID
    US57-0058756
    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

    • Isalis / Gift Shop / Boutique
    • Party City / Candy Store / Costume Store
    • Skunk Funk / Clothing Store / Corporate Campus
    • Carl's Trading Co / Hat Shop
    • Bushka's Kitchen LLC / Outdoor Clothing And Equipment Shop

    Property Details for Twin Creek

    Year built
    2004
    Construction
    CONCRETE
    Lot size
    0.99 lot acres
    Property size
    11,410 SF
    Property type
    Strip malls
    Property subtype
    Neighborhood centers
    APN
    11579606
    APU
    11579606

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Dr
    County
    Sarpy
    State
    Nebraska
    Longitude
    -95.9722
    Latitude
    41.1407
    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
    $36,236
    $388,233
    $1,344,267
    $1,732,500
    -
    $388,233
    $1,344,267
    $1,732,500

    Comparable in this City

    • Value Estimation by Request
      2,068 SF

      S

      SHOPPING CENTER, STRIP CENTER • 2,068 SF
      S, 204th Ave, NE
      View Details
    • Value Estimation
      $2,735,000
      24,284 SF

      S

      SHOPPING CENTER, STRIP CENTER • 24,284 SF
      S, 15th St, NE
      View Details
    • Value Estimation
      $860,000
      6,480 SF

      Hwy 6

      SHOPPING CENTER, STRIP CENTER • 6,480 SF
      Hwy 6, 6, NE
      View Details
    • Value Estimation
      $735,000
      4,896 SF

      Cornhusker Rd, NE

      SHOPPING CENTER, STRIP CENTER • 4,896 SF
      Cornhusker Rd, NE
      View Details
    • Value Estimation
      $2,025,000
      16,875 SF

      Samson Way, NE

      SHOPPING CENTER, STRIP CENTER • 16,875 SF
      Samson Way, NE
      View Details
    • Value Estimation
      $1,505,000
      12,836 SF

      S

      SHOPPING CENTER, STRIP CENTER • 12,836 SF
      S, 204th St, NE
      View Details

    Similar Nearby for Sale

    • $385,000

      Turnkey Venue with Full Kitchen

      Commercial property with kitchen, bar, and event space.
      109 E B St, Cedar Creek, NE
      View Details
    • $2,846,000
      2,515 SF

      New Starbucks with Double Drive-Thru

      New construction Starbucks with a 10-year lease and drive-thru.
      3665 Prairieview St, Grand Island, NE
      View Details
    • $2,927,000
      2,200 SF

      New Starbucks Lease in Gretna

      New construction Starbucks with a 10-year lease in Gretna.
      19513 Oakmont Dr, Gretna, NE
      View Details
    • $2,540,000
      2,325 SF

      Chipotle Corporate Lease Investment Opportunity

      New construction Chipotle with drive-thru in dense retail corridor.
      23rd St & Deer Ln, Fremont, NE
      View Details
    • $3,133,000
      3,654 SF

      New McDonald's NNN Ground Lease

      New construction McDonald's with corporate guaranty in high-growth Omaha suburb.
      19413 Oakmont Dr, Gretna, NE
      View Details
    • $4,571,666

      Land For Sale Omaha

      Land available for purchase in Omaha, Nebraska.
      13457 Mormon Plz, Omaha, NE
      View Details

    Similar Nearby for Lease

    • $15 SF/Yr
      1,500 SF

      New Retail Strip Center

      New retail strip center in Plattsmouth, anchored by Hy-Vee.
      16304 Westside Dr, Plattsmouth, NE
      View Details
    • $18 SF/Yr
      3,823 SF

      Retail Space in Papillion, NE

      Retail space available for lease in Papillion, Nebraska.
      754 Gold Coast Dr, Papillion, NE
      View Details
    • $18 SF/Yr
      1,859 SF

      Retail Space in Papillion, NE

      Retail space available for lease in Papillion, Nebraska.
      760 Gold Coast Dr, Papillion, NE
      View Details
    • $17 SF/Yr
      1,795 SF

      Retail Space in Growing Community

      Retail space in a rapidly expanding Nebraska community.
      2063 Creekside Dr, Gretna, NE
      View Details
    • $6 SF/Yr

      Repurposed Retail Mall with Flex

      Accessible property with warehouse and flex space in Nebraska City.
      1001 NE -2, Nebraska City, NE
      View Details
    • $25 SF/Yr
      2,326 SF

      Retail Space in Papillion, NE

      Retail space available for lease in Papillion, Nebraska.
      9831 S 96 St, Papillion, NE
      View Details
    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.
    Twin Creek
    Dr, NE
    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

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.