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Property profile & analytics
OFF-MARKET
Grocery and convenience stores
1222 24th St Omaha, NE 68108-3418
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US57-0207874
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
1975
Total area
3,974 SF
Lot
0.42 ac (18,387 SF)
APN
2218130004
UPID
US57-0207874
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
-
Midtown Gas & Grocery Grocery & Convenience Store
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
F A & Al INC · 3 yrs held
F A & Al INC
since 2022
Last sale
$350,000
5 recorded transactions
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
$6,249
Tax year 2023
Assessed value
$296,200
Assessed 2023
Previous assessed
$296,200
+0.0% YoY
Effective rate
2.11%
On assessed value
Assessed land
$110,300
Assessed improvement
$185,900
Land market value
$110,300
Improvement market value
$185,900
Total market value
$296,200
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
Grocery and convenience stores
Use group
CONVENIENCE STORE
Status
Off-Market
Year built
1975
Heating
PACKAGE
Cooling
AC.PACKAGE
Stories
1
Units
1
Total area
3,974 SF
Lot
0.42 ac (18,387 SF)
APN
2218130004
UPID
US57-0207874
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
Building & site characteristics
From public records
Year built
1975
Heating
PACKAGE
Cooling
Yes
Stories
1
Units
1
Lot
0.42 ac
Current owner
From public records · entity-resolved
F A & Al INC
Entity
Mailing address
1222 S 24TH ST, OMAHA, NE 68108-3418
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 17, 2022
$350,000
F A & Al INC
Lucky 7 LLC
Warranty Deed
$200,000 · Core Bank
Nov 28, 2018
$300,000
Lucky 7 LLC
American Ent Prop Nebraska 122
Grant Deed
—
Dec 28, 2010
$581,415
American Ent Props N 1222 24th
Kline,cary C
Trustees Deed
related
—
Jan 10, 2008
—
M & A Petroleum Corp
Iowa Gas Group INC
Warranty Deed
related
—
Nov 30, 2007
$275,000
Iowa Gas Group INC
Anderson Excavation
Warranty Deed
related
$4,624,000 · Associated 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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