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Property profile & analytics
OFF-MARKET
Estimated value
$4,245,000
Strip malls
12240 L St Omaha, NE 68137-2257
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US57-0129927
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
2009
Total area
12,960 SF
Lot
0.94 ac (41,121 SF)
APN
1600110574
UPID
US57-0129927
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
-
I Love Pad Thai Restaurant
-
T-Mobile Mobile Phone Store Electronics & Wireless Store
-
Wings and Rings Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$4.27M
CAP Approach
CAP
$2.76M
Comparable Approach
Comparable
$3.48M
Blend (final)
Blend
$4.25M
Owner & transaction history
Kl Capital Holdings II LLC · 4 yrs held
Kl Capital Holdings II LLC
since 2022
Last sale
$4.4M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$4.3M
+75.7%
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
$4,245,000
ML approach
$4,270,000
CAP Approach
CAP Return
Estimation
6%
$2,985,000
6.5%
$2,755,000
7%
$2,560,000
Alternative Use
Use
Estimation
RESTAURANT
$4,255,000
Change: +76% · Conversion: Difficult
Blend value · Realmo final
$4.25M
Range $3.82M – $4.67M · ±10% · vs last sale $4.35M (Jun 6 2022)
Last sale anchor
$4.35M
Jun 6 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
$328 / 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
$66,939
Tax year 2023
Assessed value
$3,362,300
Assessed 2023
Previous assessed
$3,362,300
+0.0% YoY
Effective rate
1.99%
On assessed value
Assessed land
$518,100
Assessed improvement
$2,844,200
Land market value
$518,100
Improvement market value
$2,844,200
Total market value
$3,362,300
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
2009
Heating
PACKAGE
Cooling
AC.PACKAGE
Stories
1
Units
5
Total area
12,960 SF
Lot
0.94 ac (41,121 SF)
APN
1600110574
UPID
US57-0129927
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
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
5
Lot
0.94 ac
Current owner
From public records · entity-resolved
Kl Capital Holdings II LLC
Entity
Mailing address
20468 A ST, ELKHORN, NE 68022-2997
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 6, 2022
$4,350,000
Kl Capital Holdings II LLC
Pudami Omaha Ne LLC
Warranty Deed
$3,262,500 · Lincoln Federal Savings Bank Of Neb
Apr 18, 2018
$3,775,000
Pudami Omaha Ne LLC
T L Street Marketplace Pads Ne LLC
Special Warranty Deed
$2,831,250 · Sac FCU
Jul 25, 2016
$18,626,000
T L Street Marketplace Pads Ne
Omaha Marketplace Holdings LLC
Trustees Deed
$18,625,019 · Citibank
Mar 6, 2015
—
Omaha Marketplace Holdings LLC
—
Grant Deed
related
$25,300,000 · Bank Of America
Mar 11, 2011
—
Omaha Marketplace Holdings LLC
—
Deed Of Trust
related
$20,250,000 · Ing USA Annunity & Life Ins Co
Oct 20, 2010
$31,670,000
Omaha Marketplace Holdings LLC
First Natl Bk Of Omaha
Trustees Deed
related
—
Oct 22, 2007
$8,626,000
L-street Marketplace LLC
120 LLC
Grant Deed
$49,312 · First National Bank Omaha
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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