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

    1622 Vinton St Omaha, NE 68108-1431

    • Warehouses
    • 7,202 SF
    • 0.17 lot acres
    OFF-MARKET
    Last Sale
    Sep 20, 2022
    Value Estimations
    $575,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US57-1100572
    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

    • Midstates Heating & Cooling / HVAC Service / General Contractor
    • National Heating / HVAC Service / General Contractor

    Property Details for 1622 Vinton St

    Year built
    1917
    Lot size
    0.17 lot acres
    Property size
    7,202 SF
    Zone code
    NBD
    Property type
    Warehouses
    Property subtype
    Self storage facilities
    APN
    1814230000
    APU
    1814230000

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $644,000
      Market price range: $480k - $1.03M

    • Alternative Use

      Use
      Estimation
      WAREHOUSE, STORAGE
      $710,000
      Current use

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

    Location Insight

    • Map
    • Local Demand
    City
    Omaha
    County
    Douglas
    State
    Nebraska
    Longitude
    -95.9385
    Latitude
    41.2342
    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
    $6,112
    $38,400
    $251,300
    $289,700
    -
    $38,400
    $251,300
    $289,700

    Comparable in this City

    • Value Estimation by Request
      7,950 SF

      911 20th St

      MINI-WAREHOUSE, STORAGE • 7,950 SF
      911 20th St, Omaha, NE 68108-3003
      View Details
    • Value Estimation by Request
      750 SF

      501 Pacific St

      MINI-WAREHOUSE, STORAGE • 750 SF
      501 Pacific St, Omaha, NE 68108-3306
      View Details
    • Value Estimation by Request
      864 SF

      2025 Vinton St

      MINI-WAREHOUSE, STORAGE • 864 SF
      2025 Vinton St, Omaha, NE 68108-1920
      View Details
    • Value Estimation by Request
      2,828 SF

      105 Dorcas St

      MINI-WAREHOUSE, STORAGE • 2,828 SF
      105 Dorcas St, Omaha, NE 68108
      View Details
    • Value Estimation
      $770,000
      9,773 SF

      1508 Marcy St

      MINI-WAREHOUSE, STORAGE • 9,773 SF
      1508 Marcy St, Omaha, NE 68108-3141
      View Details
    • Value Estimation
      $1,005,000
      34,804 SF

      1929 20th St

      MINI-WAREHOUSE, STORAGE • 34,804 SF
      1929 20th St, Omaha, NE 68108
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      20,016 SF

      Industrial Building For Sale/Lease

      Well-built industrial building with opportunity for ownership or lease.
      1474 S 16Th St, Omaha, NE 68108
      View Details
    • Contact for pricing
      2,986 SF

      Four-Unit Multifamily Investment Property

      Four-unit property with short-term and long-term rental income potential.
      2526 S 10Th St, Omaha, NE 68108
      View Details
    • $1,250,000

      Omaha Land Parcel For Sale

      One-acre commercial land parcel in Little Italy, Omaha.
      720 Pacific St, Omaha, NE 68108
      View Details
    • $4,000,000

      Downtown Redevelopment Opportunity in Omaha

      Redevelopment opportunity with easy access to key districts.
      1100 Pierce St, Omaha, NE 68108
      View Details
    • $925,000
      0.47 Acres

      South Omaha Multifamily Investment Opportunity

      Multifamily property with conversion and income potential in South Omaha.
      2416 S 16Th St, Omaha, NE 68108
      View Details
    • $399,880

      Land with High Traffic Visibility

      Highly visible land near I-80 and Henry Doorly Zoo.
      2921 South 13Th St, Omaha, NE 68108
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      12,600 SF

      Omaha Warehouse Space Available

      12,600 SF warehouse space for rent in Omaha, Nebraska.
      1200 S 17Th St, Omaha, NE 68108
      View Details
    • Contact for pricing

      Versatile Flex Warehouse in Omaha

      Flex office and warehouse space for lease in Omaha.
      2200 S 24Th St, Omaha, NE 68108
      View Details
    • Contact for pricing
      10,239 SF

      Industrial Space Available For Lease

      Industrial property offering 10239 square feet for lease.
      1210 S 17Th St, Omaha, NE 68108
      View Details
    • Contact for pricing
      713 SF

      Historic Building and Parking Lot

      Corner lot featuring a historic building and parking availability.
      2703 S 10Th St, Omaha, NE 68108
      View Details
    • Contact for pricing
      1,196 SF

      Historic Brick Building Retail Space

      Revitalized retail space with great visibility and ample parking.
      3116 N 24Th St, Omaha, NE 68108
      View Details
    • Contact for pricing

      Omaha Land and Building Lease

      Land and building for lease in downtown Omaha.
      1750 Mason St, Omaha, NE 68108
      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.
    1622 Vinton St
    Omaha, NE 68108-1431
    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!