9229 97Th StLa Vista, NE 68128

Property Details for 9229 97Th St

Year built

1988

Construction

STEEL FRAME

Lot size

0.92 AC

Property size (Sq ft)

5,000 SF

Zone code

2

Property type

Auto shops

APN

10762450

APU

10762450

Description

This exceptional 5,000-square-foot industrial property, situated on a spacious 2.03-acre lot, presents a compelling investment opportunity. The single-tenant building boasts a robust steel, free-span construction, ideal for warehouse, distribution, or manufacturing uses. The property features four 16-foot-high overhead doors, providing convenient access for loading and unloading. Inside, you'll find floor drains and a heated shop area complete with a bathroom. A significant advantage is the ample 20-foot ceiling height. The building also includes a two-story office space, each floor offering 750 square feet and its own bathroom, providing comfortable and functional office accommodations. The property is fully fenced, offering secure outdoor storage. Conveniently located in the LaVista Industrial submarket, this property offers easy access to Interstate highways and major thoroughfares, including 96th Street (with two gates) and 97th Street (with one gate), ensuring efficient transportation and logistics. The property is zoned for Heavy Industrial use, and annual property taxes are $2.65 per square foot. This well-maintained property offers a combination of functional space and strategic location, making it an attractive option for a variety of businesses.

• CAP approach

  CAP return

  Valuation

  6%

  $1,311,857

  6.5%

  $1,210,945

  7%

  $1,124,449

• Comparable approach

  Method

  Valuation

  Relative Method

  $643,104

  Geo Method

  $643,104

• Alternative Use

  Use

  Valuation

  Residential

  $1,021,477

  Hospitality

  $935,668

  Educational

  $778,464

  Medical

  $805,237

  Retail

  $1,210,945

Location Insight

City

La Vista

County

Sarpy

State

Nebraska

Latitude

41.1678

Longitude

-96.0629

CBSA code

36540

CBSA name

OMAHA-COUNCIL BLUFFS, NE-IA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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