Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    1250 Capitol Ave Omaha, NE 68102

    • Manufacturing properties
    • 23,240 SF
    • 1.68 lot acres
    OFF-MARKET
    Value Estimations
    $2,210,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US57-0528548
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Menards / Corporate Office

    Property Details for 1250 Capitol Ave

    Year built
    2001
    Lot size
    1.68 lot acres
    Property size
    23,240 SF
    Property type
    Manufacturing properties
    APN
    1139375042
    APU
    1139375042

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $2,984,000
      Market price range: $1.30M - $2.98M
      AI Estimate
      $1,367,000
      Market price range: $533k - $1.37M

    • Alternative Use

      Use
      Estimation
      INDUSTRIAL (GENERAL)
      $2,095,000
      Current use
      RETAIL STORES
      $3,630,000
      Change: +74% Conversion: Moderate
      MEDICAL BUILDING
      $3,510,000
      Change: +68% Conversion: Difficult
      AUTO REPAIR, GARAGE
      $3,450,000
      Change: +65% Conversion: Easy
      COMMERCIAL (GENERAL)
      $3,255,000
      Change: +56% Conversion: Difficult
      OFFICE BUILDING
      $2,925,000
      Change: +40% Conversion: Difficult

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Omaha
    County
    Douglas
    State
    Nebraska
    Longitude
    -95.9327
    Latitude
    41.2617
    CBSA code
    36540
    CBSA name
    OMAHA-COUNCIL BLUFFS, NE-IA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $101,044
    $2,341,800
    $2,447,500
    $4,789,300
    -
    $2,341,800
    $2,447,500
    $4,789,300

    Comparable in this City

    • Value Estimation
      $525,000
      5,972 SF

      510 16th St

      MANUFACTURING (LIGHT) • 5,972 SF
      510 16th St, Omaha, NE 68102
      View Details
    • Value Estimation by Request
      7,524 SF

      Omaha, NE 68102

      MANUFACTURING (LIGHT) • 7,524 SF
      Omaha, NE 68102
      View Details
    • Value Estimation by Request
      12,488 SF

      1136 18th St

      MANUFACTURING (LIGHT) • 12,488 SF
      1136 18th St, Omaha, NE 68102-4108
      View Details
    • Value Estimation by Request
      8,228 SF

      1008 16th St

      MANUFACTURING (LIGHT) • 8,228 SF
      1008 16th St, Omaha, NE 68102-4406
      View Details
    • Value Estimation by Request
      13,010 SF

      1149 Florence Blvd

      MANUFACTURING (LIGHT) • 13,010 SF
      1149 Florence Blvd, Omaha, NE 68102-4242
      View Details
    • Value Estimation
      $1,155,000
      18,200 SF

      1910 Burt St

      MANUFACTURING (LIGHT) • 18,200 SF
      1910 Burt St, Omaha, NE 68102
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      101,292 SF

      Omaha Self Storage Facility Investment

      Prime Downtown Omaha Warehouse, High Ceilings
      109 9Th St, Omaha, NE 68102
      View Details
    • $340,370

      Industrial Land For Sale

      Two parcels of heavy industrial land available for sale.
      23 23Rd St, Omaha, NE 68102
      View Details
    • $1,685,000
      6,776 SF

      Prime Old Market Retail Space

      Retail space in a prominent downtown Omaha location.
      501 S 13Th St, Omaha, NE 68102
      View Details
    • $4,495,000
      26,144 SF

      Omaha's National Building

      Historic Office & Retail Investment
      406 12Th St, Omaha, NE 68102
      View Details
    • Contact for pricing
      26,144 SF

      Iconic Building in Old Market

      Office building with redevelopment potential in Omaha's Old Market.
      406 S 12Th St, Omaha, NE 68102
      View Details
    • Contact for pricing
      2,170 SF

      SoMa Home with Skyline Views

      Meticulously maintained home in SoMa with stunning skyline views.
      1135 Leavenworth St, Omaha, NE 68102
      View Details

    Similar Nearby for Lease

    • $14 SF/Yr
      6,391 SF

      Modern Industrial Office Space

      Turn-key office space with exposed brick and high ceilings.
      1016-1022 Leavenworth St, Omaha, NE 68102
      View Details
    • $3 SF/Yr
      101,192 SF

      Central Supply Warehouse Space Available

      Prime Douglas County warehouse, two spaces available.
      109 9Th St, Omaha, NE 68102
      View Details
    • $12 SF/Yr
      112,748 SF

      1905 Harney St

      Office properties & Spaces • 112,748 SF
      1905 Harney St, Omaha, NE 68102
      View Details
    • Contact for pricing
      5 SF

      Office/Retail Space Ready

      Office/retail space available for tenant buildout.
      613 South 16Th St, Omaha, NE 68102
      View Details
    • $25 SF/Yr
      473,977 SF

      Omaha Creative Office Space

      Modern, Class A Office Suites Available
      802 Harney St, Omaha, NE 68102
      View Details
    • $15 SF/Yr
      36,179 SF

      Omaha Retail & Event Space Gem

      Historic building, prime location, 7,973 SF available.
      112 20Th St, Omaha, NE 68102
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1250 Capitol Ave
    Omaha, NE 68102
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!