Construction at House & Home Center

April 16, 2015

Just a very quick update to share some of the construction at the House and Home center on 138th and Industrial for an new tenant. If you would like to make this popular location the home for your business see http://www.realestateomaha.org for available space. If you need help with your construction project or build-out contact me for informaiton.

 

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Be smart, check your zoning rules first

March 27, 2015
When purchasing or leasing a property for a business, the location often is more important than all the other features and price. However, new business owners, in particular, may sometimes fail to determine if the zoning for the building meets their company’s needs.
Re-zoning a property can be a costly and time-consuming process. By doing some initial research, you can confirm – before you purchase or lease, that the property’s zoning meets your requirements.
Check with  the local municipal offices. Municipal offices will have all the documentation on your building’s zoning restrictions. .
Review the municipal building plan. Building plans are established to encourage the development of business in the surrounding area.
Variances and exemptions happen, you may find that zoning rules conflict with your plans for the location. In this case, it’s wise to have an alternate site in mind. It can take a lot of time  to re-zone a property, and you risk being turned down after every appeal.

PropertyBanc and World Group Merge

March 27, 2015

World Group Commercial Real Estate is combining operations with PropertyBanc, Inc.
effective Monday, March 16th, according to World Group president Kevin T. Rhodes, CCIM.
The merger allows the two Omaha-based companies to better serve commercial real estate
clients in Nebraska and Iowa.

 
The combined firm will be known as World Group Commercial Real Estate and will operate in
World Group’s existing Omaha office at 780 North 114th Street in the Miracle Hills area.
PropertyBanc’s president and founder, Ray Trimble, will be joining World Group as vice
president and associate broker.

Four additional PropertyBanc professionals are also joining World Group including  Michael Donovan, Jeff Konen, Dave Grosz and Jerry Culver.

Trimble founded PropertyBanc in 1997. The full-service commercial real estate firm has been
located inside the historic Omar Building at 4383 Nicholas Street.

World Group is a full-service commercial real estate firm with offices in Omaha and Des
Moines, Iowa. The company specializes in sales, leasing, property management, development
consulting and real estate asset management and supervises more than 3.5 million square feet of
property throughout Nebraska and Iowa. World Group is a member of the Omaha-based Seldin
Organization, which consists of five affiliated real estate companies operating in eight states.


IT’S A SELLER/LANDLORD’S MARKET—OPPORTUNITY TO BE CONSIDERED!

February 3, 2015

As some of you may know, the Omaha commercial real estate market has experienced a marked improvement in the past two years and we are seeing a shortage of available properties for sale and rent.  We have a list of potential purchasers who have asked us to assist in their search but we are not finding the available buildings that match their needs.  Consider calling our real estate professionals to have them visit with you about what your property may be worth in today’s market.  If you have had any desire to consider a sale, it would be an ideal time to see what an estimate of your property’s value might be.  Propertybanc assists both buyers and sellers in addition to tenants and landlords.   We would appreciate an opportunity to list your property!


NEW METHOD OF VALUING VACANT REAL ESTATE LOTS IN DOUGLAS COUNTY

December 8, 2014

That means if lots are selling for $50,000 in a subdivision, all other lots for sale in the same subdivision will be assessed for tax purposes at $50,000. Under a law enacted by the 2014 Nebraska Unicameral, all vacant land will be valued at market value.

The owner of two or more vacant or unimproved lots that are being held for sale or resale, may elect to have the lots treated as one parcel for property assessment and property tax purposes. When treated in bulk, the sum assessed value may be lower than the sum of the market values. These lots must be in the same subdivision and in the same tax district.

An election for treatment as one parcel must be made annually by filing a Form 191 with the county assessor by December 31 immediately preceding the year for which the election to treat the vacant or unimproved lots as one parcel is sought.

For lots covered by this application, the county assessor must use the income approach, including the use of a discounted cash-flow analysis.

 


PROPERTYBANC DEVELOPMENT PROPERTY-BELLEVUE, NEBRASKA

November 3, 2014

In the October, 2014 issue of Business in Focus, the Bellevue Flex Development project located between Fort Crook Road and the Kennedy Freeway is featured and incorporated into a story supporting the opportunities available in Bellevue, Nebraska.  The magazine has stories of communities across the country that have a variety of businesses that have succeeded and also information about possibilities in the future.

The multi-acre property is situated in a location that appears to be ripe for development, considering the recent improvements in the transportation routes that will significantly increase the traffic numbers along the property.

Contact Ray Trimble at Propertybanc with your questions. 402 813-6276


PropertyBanc Construction Management is keeping busy with several projects

October 21, 2014

PropertyBanc Construction Management is keeping busy with several projects underway and several more in the schematic design stage.

SunSprouts Const.

With the completion of the Van Wall building addition that houses the Doosan dealership, the House & Home Center is growing. Pelster Construction is well underway on the new Benjamin Moore Color Store Building. These two businesses add nearly 18,000 SF of service and sales to the already booming complex.

The new 5,000 SF SunSprouts is also adding final touches to their state-of-the-art “clean room” production facility. They are scheduled to occupy by the end of the month at 133rd and A Streets.

Sun Sprouts Logo

City Light Church is making plans to expand into an additional 11,000 SF in the lower level of the historic Omar Building at 43rd and Nicholas Streets. The architects are nearly complete with the design development and ready to submit to the City for permits.

Omar Building