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Property profile & analytics
OFF-MARKET
Estimated value
$3,615,000
Office buildings
11717 Burt St Omaha, NE 68154-1500
Entity Owned
~
Est. High Equity
Property ID
US57-0164099
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1989
Total area
34,418 SF
Lot
1.81 ac (78,844 SF)
APN
1755519005
UPID
US57-0164099
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
-
Spirit of Faith Church
-
Wilson Dental Omaha NE Dental Office
-
Larry Smith - State Farm Insurance Agent Insurance Agency
-
Walnut Media USA Radio Station Telecommunications Service
-
Alhejaj and Associates, P.C. Law Firm Financial Advisor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.78M
Blend (final)
Blend
$3.62M
Owner & transaction history
11717 LLC
11717 LLC
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$5.4M
+7.4%
Medical building
$5.2M
+3.8%
Auto repair, garage
$5.1M
+2.0%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$5,010,000
Current use
RETAIL STORES
$5,380,000
Change: +7% · Conversion: Moderate
MEDICAL BUILDING
$5,200,000
Change: +4% · Conversion: Easy
AUTO REPAIR, GARAGE
$5,110,000
Change: +2% · Conversion: Difficult
COMMERCIAL (GENERAL)
$4,820,000
Change: -4% · Conversion: Easy
Blend value · Realmo final
$3.62M
Range $3.25M – $3.98M · ±10%
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
$105 / 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
$61,218
Tax year 2023
Assessed value
$2,901,600
Assessed 2023
Previous assessed
$2,901,600
+0.0% YoY
Effective rate
2.11%
On assessed value
Assessed land
$1,028,200
Assessed improvement
$1,873,400
Land market value
$1,028,200
Improvement market value
$1,873,400
Total market value
$2,901,600
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1989
Heating
YES
Cooling
YES
Stories
2
Units
12
Total area
34,418 SF
Lot
1.81 ac (78,844 SF)
APN
1755519005
UPID
US57-0164099
Jurisdiction
DOUGLAS
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
OFFICE BUILDING Current
Est. value
$5.0M
RETAIL STORES
Est. value
$5.4M
MEDICAL BUILDING
Est. value
$5.2M
AUTO REPAIR, GARAGE
Est. value
$5.1M
COMMERCIAL (GENERAL)
Est. value
$4.8M
OFFICE BUILDING Current
RETAIL STORES
MEDICAL BUILDING
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
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
1989
Heating
YES
Cooling
Yes
Stories
2
Units
12
Lot
1.81 ac
Current owner
From public records · entity-resolved
11717 LLC
Entity
Mailing address
11717 BURT ST STE #102, OMAHA, NE 68154-1500
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
—
—
11717 LLC
—
Loan Modification
related
$2,100,000 · Pinnacle Bk
—
—
11717 LLC
—
Deed Of Trust
related
$2,000,000 · Pinnacle Bank
—
—
11717 LLC
—
Deed Of Trust
related
$600,000 · Pinnacle Bank Papillion
—
—
11717 LLC
—
Deed Of Trust
related
$100,724 · Ids Life Insurance Co
—
—
11717 LLC
—
Deed Of Trust
related
$212,246 · Bank Of Nebraska
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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