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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    10503 Bedford Ave Omaha, NE 68134-3611

    • Hotels
    • 39,032 SF
    • 1.97 lot acres
    OFF-MARKET
    Last Sale
    Jul 01, 2022
    $3,000,000
    Value Estimations
    $2,970,000
    Show details
    Cap Rate Potential
    6.5%
    Hotels
    Location Intelligence
    Property ID
    US57-1107320
    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

    • Comfort Suites Omaha / Hotel & Motel
    • Jessica Holcomb / Apartment Complex
    • Comfert Inn / Hotel & Motel / Bed & Breakfast

    Property Details for 10503 Bedford Ave

    Year built
    1996
    Lot size
    1.97 lot acres
    Property size
    39,032 SF
    Property type
    Hotels
    APN
    2245270017
    APU
    2245270017

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $2,925,000
      ML approach
      $3,005,000

    • CAP approach

      CAP Return
      Estimation
      6%
      $3,150,000
      6.5%
      $2,910,000
      7%
      $2,700,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $3,940,000
      Market price range: $2.48M - $5.20M

    • Alternative Use

      Use
      Estimation
      HOTEL/MOTEL
      $4,160,000
      Current use

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

    Location Insight

    • Map
    • Local Demand
    City
    Omaha
    County
    Douglas
    State
    Nebraska
    Longitude
    -96.077
    Latitude
    41.2883
    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
    $63,249
    $209,500
    $2,788,400
    $2,997,900
    -
    $209,500
    $2,788,400
    $2,997,900

    Comparable in this City

    • Value Estimation
      $2,970,000
      58,590 SF

      3330 104th Ave

      HOTEL • 58,590 SF
      3330 104th Ave, Omaha, NE 68134-3764
      View Details
    • Value Estimation by Request
      125,000 SF

      3305-3384 88Th Plz

      Distribution properties • 125,000 SF
      3305-3384 88Th Plz, Omaha, NE 68134
      View Details
    • Value Estimation by Request
      5.79 Acres

      7330 Crown Pt Ave

      VACANT COMMERCIAL LAND • 5.79 Acres
      7330 Crown Pt Ave, Omaha, NE 68134
      View Details
    • Value Estimation by Request
      1.11 Acres

      6125 Irvington Rd

      VACANT COMMERCIAL LAND • 1.11 Acres
      6125 Irvington Rd, Omaha, NE 68134-1902
      View Details
    • Value Estimation by Request
      1.94 Acres

      6403 72nd St

      VACANT COMMERCIAL LAND • 1.94 Acres
      6403 72nd St, Omaha, NE 68134
      View Details
    • Value Estimation by Request
      0.25 Acres

      2615 12th N 90th St

      VACANT COMMERCIAL LAND • 0.25 Acres
      2615 12th N 90th St, Omaha, NE 68134-5703
      View Details

    Similar Nearby for Sale

    • $2,500,000
      25,690 SF

      North 93rd Plaza Office Building

      Omaha Office Building - 9.2% Cap Rate
      9218 Bedford Ave, Omaha, NE 68134
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    • $535,000
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      Omaha Restaurant Site - Drive-Thru Potential

      Prime Omaha location, vacant restaurant space, ground lease available.
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    • Contact for pricing
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      Former Retail Building on Corner

      Freestanding building with potential for retail or religious use.
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    • $764,478

      Commercial Land For Sale

      Commercial land suitable for flex or retail development.
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    • $570,000
      3 SF

      Residential Development Land Near I-680

      3.77-acre residential development land near I-680 and Fort Street.
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    • $299,975

      Pad Site Near 72nd & Maple

      0.93 acre commercial pad site near future development.
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    Similar Nearby for Lease

    • $12 SF/Yr
      6,800 SF

      Flex Space for Lease in Omaha

      Modern Flex Space, 480 sq ft Available
      8909 Bedford Cir, Omaha, NE 68134
      View Details
    • $10 SF/Yr
      4,800 SF

      Nicely Finished Office Space Available

      Office suites available for rent, conveniently located with ample parking.
      5150 North 90Th St, Omaha, NE 68134
      View Details
    • Contact for pricing
      1,290 SF

      Retail Space Available For Lease

      Retail space available for lease, 1290 square feet.
      2540 N 90Th St, Omaha, NE 68134
      View Details
    • $12 SF/Yr
      3,000 SF

      Office and Storage Flex Space

      1,000 SF flex space near I-680 available for rent.
      6002-6008 Wenninghoff Rd, Omaha, NE 68134
      View Details
    • $126 SF/Yr
      8,516 SF

      Omaha Office Space for Lease

      Modern Office Suites Available Now
      3015 90Th St, Omaha, NE 68134
      View Details
    • $8 SF/Yr
      6,598 SF

      Omaha Office Space for Lease

      Three Suites Available, 1210-3300 sq ft
      3205 90Th St, Omaha, NE 68134
      View Details
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    10503 Bedford Ave
    Omaha, NE 68134-3611
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    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
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