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Property profile & analytics
FOR LEASE
Distribution centers
12900 I St Omaha, NE 68137
Individually Owned
15-yr Hold
Free & Clear
Property ID
US57-0527648
No photos on file
For Lease
$22 SF/Yr
12900 I St, Omaha, NE 68137
View Listing →
Property profile
Verified
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Year built
1958
Total area
609,633 SF
Lot
33.06 ac (1,440,094 SF)
APN
1920110652
UPID
US57-0527648
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
-
Millard Lumber Inc. Big Box & Wholesale Store Building Supply
-
BCS Stone Showroom Big Box & Wholesale 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
$5.79M
Owner & transaction history
Omaha Works Indl Park Prop Ow · 15 yrs held
Omaha Works Indl Park Prop Ow
since 2010
7 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
$9 / 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 2022Property tax & assessments
Tax year 2022
Assessed value
$13,506,600
Assessed 2023
Previous assessed
$13,506,600
+0.0% YoY
Assessed land
$8,640,600
Assessed improvement
$4,866,000
Land market value
$8,640,600
Improvement market value
$4,866,000
Total market value
$13,506,600
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
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Status
For Lease
Year built
1958
Heating
RADIANT
Buildings
2
Stories
1
Total area
609,633 SF
Lot
33.06 ac (1,440,094 SF)
APN
1920110652
UPID
US57-0527648
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
1958
Heating
RADIANT
Stories
1
Buildings
2
Lot
33.06 ac
Current owner
From public records · entity-resolved
Omaha Works Indl Park Prop Ow
Individual
Free & Clear · 15 yrs held
Mailing address
12900 I ST, OMAHA, NE 68137-1268
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2010
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 15, 2019
—
Millard Lumber INC
—
Deed
related
$10,600,000 · American Nat'l Bk
Sep 6, 2017
—
Millard Lumber INC
—
Deed
related
$1,567,462 · First Nat'l Bk/omaha
Nov 5, 2014
—
Millard Lumber INC
—
Loan Modification
related
$9,500,000 · First Nat'l Bk/omaha
Dec 15, 2010
$2,000
Omaha Works Indl Park Prop Ow
Connectivity Solutions Mfg INC
Grant Deed
related
—
Oct 24, 2007
—
Millard Lumber INC
—
Grant Deed
related
$8,223,000 · First Nat'l Bk/omaha
—
—
Millard Lumber INC
—
Deed Of Trust
related
$10,600,000 · American Nat'l Bk
—
—
Millard Lumber INC
—
Loan Modification
related
$8,000,000 · First Nat'l Bk/omaha
—
—
Millard Lumber INC
—
Loan Modification
related
—
—
—
Millard Lumber INC
—
Loan Modification
related
$17,229,336 · First Nat'l Bk/omaha
—
—
Millard Lumber INC
—
Loan Modification
related
$1,500,000 · First Nat'l Bk/omaha
—
—
Millard Lumber INC
—
Loan Modification
related
$559,164 · First Nat'l Bk/omaha
—
—
Millard Lumber INC
—
Loan Modification
related
$1,567,462 · First Nat'l Bk/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.
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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