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Property profile & analytics
OFF-MARKET
Estimated value
$2,520,000
Motels
11610 Dodge Rd Omaha, NE 68154-2513
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US57-0209139
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1993
Total area
36,202 SF
Lot
2.2 ac (95,832 SF)
Zoning code
CC
APN
2116731006
UPID
US57-0209139
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
-
Super 8 by Wyndham Omaha/West Dodge Hotel & Motel
-
LibertyX Bitcoin ATM Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.62M
CAP Approach
CAP
$2.70M
Comparable Approach
Comparable
$2.54M
Blend (final)
Blend
$2.52M
Owner & transaction history
Shree Laxmi Narayan INC · 3 yrs held
Shree Laxmi Narayan INC
since 2022
Last sale
$2.5M
4 recorded transactions
Zoning & alternative use
CC · Omaha, NE
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
Method
Estimation
Statistic approach
$2,440,000
ML approach
$2,615,000
CAP Approach
CAP Return
Estimation
6%
$2,925,000
6.5%
$2,700,000
7%
$2,505,000
Alternative Use
Use
Estimation
HOTEL/MOTEL
$3,860,000
Current use
Blend value · Realmo final
$2.52M
Range $2.27M – $2.77M · ±10% · vs last sale $2.50M (Dec 30 2022)
Last sale anchor
$2.50M
Dec 30 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
$70 / 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
$40,723
Tax year 2023
Assessed value
$1,930,200
Assessed 2023
Previous assessed
$1,930,200
+0.0% YoY
Effective rate
2.11%
On assessed value
Assessed land
$1,370,500
Assessed improvement
$559,700
Land market value
$1,370,500
Improvement market value
$559,700
Total market value
$1,930,200
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
Motels
Use group
MOTEL
Status
Off-Market
Year built
1993
Heating
PACKAGE
Cooling
AC.PACKAGE
Stories
3
Units
101
Rooms
101
Total area
36,202 SF
Lot
2.2 ac (95,832 SF)
Zoning code
CC
APN
2116731006
UPID
US57-0209139
Jurisdiction
DOUGLAS
Zoning & alternative use
CC · Omaha, NE
Zoning CC · permitted uses
CC · Omaha, NE
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Omaha. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
HOTEL/MOTEL Current
Est. value
$3.9M
HOTEL/MOTEL Current
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
1993
Heating
PACKAGE
Cooling
Yes
Stories
3
Units
101
Rooms
101
Lot
2.2 ac
Current owner
From public records · entity-resolved
Shree Laxmi Narayan INC
Entity
Mailing address
11610 W DODGE RD, OMAHA, NE 68154-2513
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 30, 2022
$2,500,000
Shree Laxmi Narayan INC
Vijylaxmi Of Omaha LLC
Warranty Deed
$1,625,000 · Arbor Bank
May 7, 2014
$1,440,000
Omaha LLC
Supertel LP
Special Warranty Deed
$990,000 · First Savings Bank
Jan 14, 2005
—
Humphrey Hospitality
—
Deed Of Trust
related
$22,000,000 · Great Western Bank
—
—
Supertel
—
Deed Of Trust
related
$12,000,000 · Great Western 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.
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