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    Property profile & analytics

    4963 Radial Hwy Omaha, NE 68104

    • Retail space
    • 2,400 SF
    • 0.14 lot acres
    For Sale
    View listing
    $260,000
    Value Estimation
    Last Sale
    Jun 28, 2021
    $50,000
    Location Intelligence
    Property ID
    US57-0197582
    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

    • Retail space

    Property Details for 4963 Radial Hwy

    Year built
    1923
    Lot size
    0.14 lot acres
    Property size
    2,400 SF
    Property type
    Retail space
    APN
    1206160000
    APU
    1206160000

    Description

    This exceptional 4,800 square foot retail storefront, located at 4963 NW Radial Hwy in Omaha, Nebraska, presents a unique investment opportunity. Built in 1923 and recently renovated, the property boasts updated electrical and plumbing systems, along with fresh cosmetic upgrades throughout. The building offers excellent visibility and accessibility from NW Radial Hwy, situated in the vibrant Southeast Benson neighborhood, just two minutes from the bustling Benson main strip. The property includes approximately 2,250 square feet of newly poured parking and an additional 2,400 square feet of valuable storage space. Its strategic location is surrounded by a mix of fast-food restaurants, residential areas, and other retail businesses, ensuring high foot traffic and strong potential for success. The asking price is $260,000, translating to $54.17 per square foot. A modified lease is in place, with tenants responsible for all utilities and interior maintenance. The gross monthly lease rent is $1,845. This property is ideal for a variety of retail or office uses and offers a compelling combination of location, modern amenities, and strong rental income potential. The zip code is 68104, and the property is situated in Douglas County.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $60,000

    • CAP approach

      CAP return
      Estimation
      6%
      $65,000
      6.5%
      $60,000
      7%
      $65,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $60,000
      Geo Method
      $50,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $70,000
      Retail
      $65,000
      Mixed-Use
      $60,000
      Hospitality
      $60,000
      Educational
      $65,000
      Residential Income
      $65,000
      Energy
      $65,000
      Income-Based Land
      $55,000
      Food Service
      $65,000

    Location Insight

    • Map
    • Local Demand
    City
    Omaha
    County
    Douglas
    State
    Nebraska
    Longitude
    -95.9899
    Latitude
    41.2812
    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
    $985
    $18,800
    $27,900
    $46,700
    -
    $18,800
    $27,900
    $46,700

    Comparable in this City

    • Value Estimation by Request
      1,456 SF

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      View Details
    • Value Estimation by Request
      1,200 SF

      4924 Ames Ave

      RETAIL STORES (PERSONAL SERVICES) • 1,200 SF
      4924 Ames Ave, Omaha, NE 68104-2386
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    • Value Estimation
      $325,000
      1,380 SF

      4828 Ames Ave

      RETAIL STORES (PERSONAL SERVICES) • 1,380 SF
      4828 Ames Ave, Omaha, NE 68104-2392
      View Details
    • Value Estimation
      $190,000
      744 SF

      6102 Radl Hwy

      RETAIL STORES (PERSONAL SERVICES) • 744 SF
      6102 Radl Hwy, Omaha, NE 68104-3354
      View Details
    • Value Estimation
      $225,000
      2,400 SF

      6569 Maple St

      RETAIL STORES (PERSONAL SERVICES) • 2,400 SF
      6569 Maple St, Omaha, NE 68104-3960
      View Details
    • Value Estimation
      $285,000
      2,191 SF

      6129 Military Ave

      RETAIL STORES (PERSONAL SERVICES) • 2,191 SF
      6129 Military Ave, Omaha, NE 68104-3365
      View Details

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    Similar Nearby for Lease

    • $9 SF/Yr
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    • $12 SF/Yr
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    • Contact for pricing
      89,625 SF

      Omaha Commercial Land - 2 Acres

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    Omaha, NE 68104
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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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