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Property profile & analytics
FOR LEASE
Drug stores
10770 Fort St Omaha, NE 68134
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US57-0182164
For Lease
1 / 12
$5,530,000
10770 Fort St, Omaha, NE 68134
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Property summary
AI-generated overview
This exceptional investment opportunity presents a 13,232-square-foot CVS Pharmacy building in Omaha, Nebraska. The property boasts a strong, corporate-guaranteed NNN lease with a substantial remaining term of 11.2 years, extending to January 31, 2036, with two five-year renewal options. The building, constructed in 2009, sits on a 0.8-acre lot at a high-traffic intersection experiencing nearly 20,000 vehicles daily. The property's location within Omaha, a city with a population exceeding 480,000, and a dense population of over 190,000 within a five-mile radius, ensures consistent demand and strong tenant performance. The asking price is $5,154,304, representing a compelling cap rate of 6.75% and a net operating income (NOI) of $347,915. This core investment offers a secure, long-term income stream with minimal landlord responsibilities, making it an attractive addition to any portfolio. The property is categorized as a convenience store and pharmacy, reflecting its established position within the community. The address is 10770 Fort St, Omaha, NE 68134.
Property profile
Verified
Property type
Drug stores
Use group
DRUG STORE, PHARMACY
Year built
2009
Total area
13,232 SF
Lot
1.8 ac (78,408 SF)
Zoning code
CC
APN
916445000
UPID
US57-0182164
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
-
CDReload - Online Bitcoin ATM Money Transfer Service Crypto Atm
-
LibertyX Bitcoin ATM Atm
-
UPS Access Point location Courier Service Postal Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$5.69M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$5.53M
Owner & transaction history
Lmv Management LLC · 4 yrs held
Lmv Management LLC
since 2022
Last sale
$5.5M
3 recorded transactions
Zoning & alternative use
CC · Omaha, NE
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
This community commercial district is intended for commercial facilities which serve the needs of several neighborhoods. Allowed commercial and office uses are generally compatible with nearby residential areas
Zone name
Community Commercial District
General category
COMMERCIAL
Zone area
2,464.67 ac
Source
Realmo
Top alternative use upside
Restaurant
$4.3M
+110.1%
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
Method
Estimation
Statistic approach
$5,385,000
ML approach
$5,685,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$4,345,000
Change: +110% · Conversion: Easy
Blend value · Realmo final
$5.53M
Range $4.98M – $6.08M · ±10% · vs last sale $5.52M (Jul 13 2022)
Last sale anchor
$5.52M
Jul 13 2022
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$418 / SF
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
$54,899
Tax year 2023
Assessed value
$2,602,100
Assessed 2023
Previous assessed
$2,602,100
+0.0% YoY
Effective rate
2.11%
On assessed value
Assessed land
$648,300
Assessed improvement
$1,953,800
Land market value
$648,300
Improvement market value
$1,953,800
Total market value
$2,602,100
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
Drug stores
Use group
DRUG STORE, PHARMACY
Status
For Lease
Year built
2009
Heating
PACKAGE
Cooling
AC.PACKAGE
Stories
1
Units
1
Total area
13,232 SF
Lot
1.8 ac (78,408 SF)
Zoning code
CC
APN
916445000
UPID
US57-0182164
Jurisdiction
DOUGLAS
Zoning & alternative use
CC · Omaha, NEZoning CC · permitted uses
CC · Omaha, NE
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
This community commercial district is intended for commercial facilities which serve the needs of several neighborhoods. Allowed commercial and office uses are generally compatible with nearby residential areas
Zone name
Community Commercial District
General category
COMMERCIAL
Zone area
2,464.67 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT
Est. value
$4.3M
RESTAURANT
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2009
Heating
PACKAGE
Cooling
Yes
Stories
1
Units
1
Lot
1.8 ac
Current owner
From public records · entity-resolved
Lmv Management LLC
Entity
Mailing address
1 CVS DR #2320, WOONSOCKET, RI 02895-6146
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 13, 2022
$5,521,000
Lmv Management LLC
Scp 2010 C36 035 LLC
Special Warranty Deed
$2,500,000 · Bank Of Blue Valley
Jan 18, 2011
$4,643,000
Scp 2010-c36-035 LLC
Nebraska Cvs Pharmacy L L C
Special Warranty Deed
$4,329,078 · Wells Fargo Bank Northwest National
Jun 20, 2007
—
Baxter Doris Trust
Baxter,doris V
Quit Claim Deed
related
—
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.
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