Sign Up Successful!
You now have access to more from Realmo!
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

    14811 Shepard St Omaha, NE 68138-4444

    • Office buildings
    • 7,529 SF
    • 1.28 lot acres
    OFF-MARKET
    Last Sale
    Feb 01, 2021
    $1,000,000
    Value Estimations
    $860,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US57-0069021
    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

    • Office buildings

    Property Details for 14811 Shepard St

    Year built
    2006
    Construction
    WOOD FRAME
    Lot size
    1.28 lot acres
    Property size
    7,529 SF
    Property type
    Office buildings
    APN
    11575480
    APU
    11575480

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $915,000
      ML approach
      $965,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $691,000
      Market price range: $692k - $1.61M

    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $1,100,000
      Current use
      NEIGHBORHOOD: SHOPPING CENTER
      $1,405,000
      Change: +28% Conversion: Difficult
      RETAIL STORES
      $1,175,000
      Change: +7% Conversion: Moderate
      MEDICAL BUILDING
      $1,135,000
      Change: +4% Conversion: Easy
      AUTO REPAIR, GARAGE
      $1,115,000
      Change: +2% Conversion: Difficult
      COMMERCIAL (GENERAL)
      $1,055,000
      Change: -4% Conversion: Easy

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

    Location Insight

    • Map
    • Local Demand
    City
    Omaha
    County
    Sarpy
    State
    Nebraska
    Longitude
    -96.1459
    Latitude
    41.1455
    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
    $13,424
    $251,577
    $545,895
    $797,472
    -
    $251,577
    $545,895
    $797,472

    Comparable in this City

    • Value Estimation
      $590,000
      32,748 SF

      14558 Portal Cir

      OFFICE BUILDING • 32,748 SF
      14558 Portal Cir, Omaha, NE 68138-3501
      View Details
    • Value Estimation
      $530,000
      8,642 SF

      13427 Lynam Dr

      OFFICE BUILDING • 8,642 SF
      13427 Lynam Dr, Omaha, NE 68138-4446
      View Details
    • Value Estimation
      $415,000
      10,444 SF

      11260 131st Plz

      OFFICE BUILDING • 10,444 SF
      11260 131st Plz, Omaha, NE 68138-3907
      View Details
    • Value Estimation
      $415,000
      12,129 SF

      14450 Mdws Blvd

      OFFICE BUILDING • 12,129 SF
      14450 Mdws Blvd, Omaha, NE 68138-3896
      View Details
    • Value Estimation
      $6,735,000
      11,858 SF

      11414 145th St

      OFFICE BUILDING • 11,858 SF
      11414 145th St, Omaha, NE 68138-4308
      View Details
    • Value Estimation
      $360,000
      5,225 SF

      13356 Chandler Rd

      OFFICE BUILDING • 5,225 SF
      13356 Chandler Rd, Omaha, NE 68138-3701
      View Details

    Similar Nearby for Sale

    • $950,000
      4,080 SF

      Well-Maintained Warehouse with Fenced Lot

      Well-maintained warehouse with fenced lot and convenient transportation access.
      8818 Washington Cir, Omaha, NE 68138
      View Details
    • Contact for pricing
      120.00 Acres

      Harrison Hills Development Opportunity

      120-acre mixed-use Nebraska property
      11708 Emiline St, La Vista, NE 68138
      View Details
    • $1,899,433

      La Vista Industrial Land Available

      Industrial land for sale with utilities and highway access.
      14610 Chandler Rd, Omaha, NE 68138
      View Details
    • $592,350
      0.99 Acres

      Omaha Drive-Thru Land - $592,350

      Prime Omaha land, drive-thru zoned, high traffic.
      12730 Westport Pkwy, Omaha, NE 68138
      View Details
    • $1,899,433
      45 SF

      Industrial Land in AD Park

      Industrial land for sale in recently developed AD Industrial Park.
      3-6 Ad Industrial Park, La Vista, NE 68138
      View Details
    • $1,899,433
      5.14 Acres

      Omaha Industrial Land for Sale

      5-15 Acres, Hwy 50 Access, L1 Zoning
      14607 Chandler Rd, Omaha, NE 68138
      View Details

    Similar Nearby for Lease

    • $18 SF/Yr
      2,377 SF

      Omaha Office Space For Lease

      Prime Omaha location, flexible office space.
      10410 144Th St, Omaha, NE 68138
      View Details
    • $32 SF/Yr
      7,600 SF

      LaVista Retail Space: Prime Location

      Modern Office/Retail Suites Available Now
      12352 Southport Pkwy, La Vista, NE 68138
      View Details
    • $7 SF/Yr
      49,500 SF

      La Vista Warehouse - 49,500 SF

      Modern industrial space, flexible lease options.
      9061 126 St, La Vista, NE 68138
      View Details
    • $11 SF/Yr
      65,232 SF

      La Vista Commercial Property Lease

      Commercial property for lease with build-to-suit opportunity.
      14575 Chandler Rd, La Vista, NE 68138
      View Details
    • $9 SF/Yr
      58,940 SF

      Industrial Space Available For Lease

      12,630 SF industrial space available for lease.
      14607 Chandler Rd, La Vista, NE 68138
      View Details
    • $7 SF/Yr
      25,000 SF

      Industrial Space with Interstate Access

      25,000 SF industrial space featuring interstate access and signage.
      13593 Giles Rd, Omaha, NE 68138
      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.
    14811 Shepard St
    Omaha, NE 68138-4444
    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.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.