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Property profile & analytics
FOR LEASE
Warehouses
10702 Sapp Brothers Dr Omaha, NE 68138
Entity Owned
5-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US57-0083810
For Lease
1 / 2
$12 SF/Yr
10702 Sapp Brothers Dr, Omaha, NE 68138
View Listing →
Property summary
AI-generated overview
This brand-new, 2024-built industrial flex building in Sarpy County offers 4,800 square feet of versatile space, divisible into units as small as 1,600 square feet. The single-story structure features a spacious, column-free interior with a 60' x 80' footprint and a generous 20-foot ceiling height. Three 12' x 14' drive-in doors provide convenient access for loading and unloading. The entire 1.67-acre property is fully secured and gated, offering peace of mind. The building's FX zoning allows for a variety of uses. This is a prime location with excellent I-80 visibility, making it ideal for businesses needing efficient warehouse and/or office space. The property consists of three individual suites, with the maximum contiguous space available being 4,800 square feet. There are no elevators. This is a rare opportunity to secure modern, efficient industrial space in a highly desirable location. Contact us today to learn more about leasing options.
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
1995
Total area
1,700 SF
Lot
0.88 ac (38,394 SF)
APN
11610521
UPID
US57-0083810
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Nienaber Electrical Electrical Service General Contractor
-
Citywide Storage Storage Facility
-
CityWide Construction Roofing Company General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
10720 Investments LLC · 5 yrs held
10720 Investments LLC
since 2021
1 recorded transaction
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Omaha submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Omaha submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$5,003
Tax year 2023
Assessed value
$339,895
Assessed 2023
Previous assessed
$339,895
+0.0% YoY
Effective rate
1.47%
On assessed value
Assessed land
$191,970
Assessed improvement
$147,925
Land market value
$191,970
Improvement market value
$147,925
Total market value
$339,895
Applied tax rate
37,086.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
For Lease
Year built
1995
Buildings
3
Stories
1
Units
91
Total area
1,700 SF
Lot
0.88 ac (38,394 SF)
APN
11610521
UPID
US57-0083810
Jurisdiction
SARPY
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1995
Stories
1
Buildings
3
Units
91
Lot
0.88 ac
Current owner
From public records · entity-resolved
10720 Investments LLC
Entity
Mailing address
9391 CINNAMON DR, OMAHA, NE 68136-1423
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 29, 2021
—
10720 Investments LLC
—
Deed
related
$492,000 · Pinnacle Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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