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Property profile & analytics
OFF-MARKET
Estimated value
$1,460,000
Retail space
1402 Howard St Omaha, NE 68102-2822
Individually Owned
11-yr Hold
Absentee Owner
Free & Clear
Property ID
US57-0074710
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1905
Total area
8,448 SF
Lot
0.23 ac (10,164 SF)
APN
1919880653
UPID
US57-0074710
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
-
Throwback Arcade Lounge Nightclub DJ & Entertainment
-
Krush Ultra Lounge Bar & Pub
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.57M
Comparable Approach
Comparable
$1.72M
Blend (final)
Blend
$1.46M
Owner & transaction history
Margareth Keith · 11 yrs held
Margareth Keith
since 2014
4 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$1.6M
+19.6%
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%
$1,705,000
6.5%
$1,570,000
7%
$1,460,000
Alternative Use
Use
Estimation
RETAIL STORES
$1,320,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$1,580,000
Change: +20% · Conversion: Moderate
MEDICAL BUILDING
$1,275,000
Change: -3% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,255,000
Change: -5% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,185,000
Change: -10% · Conversion: Easy
OFFICE BUILDING
$1,065,000
Change: -19% · Conversion: Easy
Blend value · Realmo final
$1.46M
Range $1.31M – $1.61M · ±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
$173 / 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
$24,644
Tax year 2023
Assessed value
$1,168,100
Assessed 2023
Previous assessed
$1,168,100
+0.0% YoY
Effective rate
2.11%
On assessed value
Assessed land
$325,200
Assessed improvement
$842,900
Land market value
$325,200
Improvement market value
$842,900
Total market value
$1,168,100
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1905
Heating
PACKAGE
Cooling
AC.PACKAGE
Buildings
2
Stories
2
Units
1
Total area
8,448 SF
Lot
0.23 ac (10,164 SF)
APN
1919880653
UPID
US57-0074710
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
RETAIL STORES Current
Est. value
$1.3M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.6M
MEDICAL BUILDING
Est. value
$1.3M
AUTO REPAIR, GARAGE
Est. value
$1.3M
COMMERCIAL (GENERAL)
Est. value
$1.2M
OFFICE BUILDING
Est. value
$1.1M
RETAIL STORES Current
NEIGHBORHOOD: SHOPPING CENTER
MEDICAL BUILDING
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
OFFICE BUILDING
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
1905
Heating
PACKAGE
Cooling
Yes
Stories
2
Buildings
2
Units
1
Lot
0.23 ac
Current owner
From public records · entity-resolved
Margareth Keith
Individual
Free & Clear · 11 yrs held
Mailing address
1941 S 42ND ST STE #550, OMAHA, NE 68105-2980
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 7, 2022
—
1402 Howard LLC
—
Deed
related
$2,650,000 · Enterprise Bank
Oct 3, 2014
—
Margareth Keith
Smith Sandra L Trust
Quit Claim Deed
related
—
Oct 3, 2014
$550,000
1402 Howard LLC
Keith Margareth
Warranty Deed
$504,000 · Dundee Bk
—
—
1402 Howard St LLC
—
Loan Modification
related
$1,146,000 · Dundee Bk
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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