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    Property profile & analytics

    6500 Railroad Ave Omaha, NE 68107-4362

    • Bars
    • 6,352 SF
    • 0.49 lot acres
    OFF-MARKET
    Value Estimation
    $380,000
    Last Sale
    Dec 17, 2021
    Location Intelligence
    Property ID
    US57-0095180
    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

    • Bars

    Property Details for 6500 Railroad Ave

    Year built
    1963
    Lot size
    0.49 lot acres
    Property size
    6,352 SF
    Zone code
    GI
    Property type
    Bars
    Property subtype
    Pubs
    APN
    507470000
    APU
    507470000

    Description

    This exceptional 6,352 square foot retail property, located at 6500 Railroad Avenue in Omaha, Nebraska, presents a unique investment opportunity. Priced at $1,200,000, this two-story building sits on a 0.48-acre lot within the GI - General Industrial District zoning. Constructed in 1963, the property offers significant potential for a variety of uses, particularly as an event space given its ample square footage. The single building structure provides a versatile layout ready for customization to suit specific needs. Its location in Douglas County, with a zip code of 68107, offers convenient access to major transportation routes and a thriving Omaha community. The property's substantial size and flexible zoning provide a strong foundation for a successful business venture. This is an excellent opportunity to acquire a well-positioned commercial property in a dynamic Omaha neighborhood. The property's existing infrastructure and ample space make it ideal for redevelopment or immediate occupancy. Serious inquiries are encouraged to explore the full potential of this remarkable property.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Omaha
    County
    Douglas
    State
    Nebraska
    Longitude
    -95.9394
    Latitude
    41.1933
    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
    2022
    $0.00
    $85,200
    $173,288
    $258,488
    -
    $85,200
    $173,288
    $258,488

    Comparable in this City

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      BAR, TAVERN • 1,264 SF
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    Omaha, NE 68107-4362
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    Realmo Value Estimation

    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.

    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.

    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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