Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$6,750,000
Hotels
10804 15th St Bellevue, NE 68123-4432
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US57-0044442
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
2006
Construction
WOOD FRAME
Total area
48,199 SF
Lot
2.73 ac (118,919 SF)
APN
11583555
UPID
US57-0044442
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
-
Holiday Inn Express & Suites Bellevue (Omaha Area), an IHG Hotel Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$6.75M
CAP Approach
CAP
$5.00M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$6.75M
Owner & transaction history
Alpha Ten LLC · 2 yrs held
Alpha Ten LLC
since 2024
Last sale
$6.8M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$6.4M
+153.1%
Restaurant
$5.7M
+128.4%
Retail stores
$5.1M
+104.5%
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 Bellevue submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Bellevue 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
$6,750,000
ML approach
$6,750,000
CAP Approach
CAP Return
Estimation
6%
$5,410,000
6.5%
$4,995,000
7%
$4,635,000
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$6,360,000
Change: +153% · Conversion: Difficult
RESTAURANT
$5,740,000
Change: +128% · Conversion: Difficult
RETAIL STORES
$5,140,000
Change: +105% · Conversion: Difficult
OFFICE BUILDING
$5,125,000
Change: +104% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$4,900,000
Change: +95% · Conversion: Difficult
MEDICAL BUILDING
$4,235,000
Change: +69% · Conversion: Difficult
Blend value · Realmo final
$6.75M
Range $6.08M – $7.43M · ±10% · vs last sale $6.75M (May 8 2024)
Last sale anchor
$6.75M
May 8 2024
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
$140 / 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
$149,455
Tax year 2023
Assessed value
$7,077,875
Assessed 2023
Previous assessed
$7,077,875
+0.0% YoY
Effective rate
2.11%
On assessed value
Assessed land
$654,055
Assessed improvement
$6,423,820
Land market value
$654,055
Improvement market value
$6,423,820
Total market value
$7,077,875
Applied tax rate
10,002.0000
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
Hotels
Use group
HOTEL
Status
Off-Market
Year built
2006
Construction
WOOD FRAME
Heating
NONE
Stories
3
Units
87
Total area
48,199 SF
Lot
2.73 ac (118,919 SF)
APN
11583555
UPID
US57-0044442
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
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE
Est. value
$6.4M
RESTAURANT
Est. value
$5.7M
RETAIL STORES
Est. value
$5.1M
OFFICE BUILDING
Est. value
$5.1M
INDUSTRIAL (GENERAL)
Est. value
$4.9M
MEDICAL BUILDING
Est. value
$4.2M
AUTO REPAIR, GARAGE
RESTAURANT
RETAIL STORES
OFFICE BUILDING
INDUSTRIAL (GENERAL)
MEDICAL BUILDING
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
2006
Construction
WOOD FRAME
Heating
NONE
Stories
3
Units
87
Lot
2.73 ac
Current owner
From public records · entity-resolved
Alpha Ten LLC
Entity
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 17, 2025
—
Alpha Ton LLC
—
Deed
related
$2,330,000 · Nebraska Economic Development Corporatio
May 8, 2024
$6,750,000
Alpha Ten LLC
Yaway LLC
Warranty Deed
$3,797,000 · First Citizens Bank & Trust Co
Oct 3, 2006
—
Yaway LLC
—
Deed Of Trust
related
$5,059,101 · First Dakota National Bank
Jul 18, 2005
$870,000
Yaway LLC
Slowey,steven & Yavonne
Warranty Deed
—
Dec 23, 2004
—
Steve Slowey
—
Grant Deed
related
$5,200,000 · First Dakota National Bank
Dec 2, 2004
$684,000
Steve Slowey
Mike Hogan Dev
Warranty Deed
$352,233 · First Dakota National Bank
—
—
Yaway LLC
—
Deed Of Trust
related
$4,010 · American Equity Inv Life Ins
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?”
You own 10804 15th St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
