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Property profile & analytics
FOR LEASE
Medical Office Space
16909 Q St, Omaha, NE 68135
Entity Owned
8-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US57-1096771
For Lease
1 / 15
$20 SF/Yr
16909 Q St, Omaha, NE 68135
View Listing →
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1995
Total area
5,748 SF
Lot
0.85 ac (37,026 SF)
Zoning code
CC
APN
1765000010
UPID
US57-1096771
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
-
Children's Hospital & Med Center Hospital
-
Children's Physicians, Mission Village Medical Clinic
-
Michael J. Wilczewski M.D. Pediatrician Medical Clinic
-
Betsy J. Stephenson M.D. Pediatrician Medical Clinic
-
Chandrika Rizal M.D. Pediatrician Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$985k
Blend (final)
Blend
$745k
Owner & transaction history
Jlc Realty LLC · 8 yrs held
Jlc Realty LLC
since 2017
3 recorded transactions
Zoning & alternative use
CC · Omaha, NE
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$1.1M
+23.7%
Retail stores
$900,000
+3.5%
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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
MEDICAL BUILDING
$870,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$1,075,000
Change: +24% · Conversion: Difficult
RETAIL STORES
$900,000
Change: +3% · Conversion: Difficult
AUTO REPAIR, GARAGE
$855,000
Change: -2% · Conversion: Difficult
OFFICE BUILDING
$840,000
Change: -3% · Conversion: Easy
COMMERCIAL (GENERAL)
$805,000
Change: -7% · Conversion: Easy
Blend value · Realmo final
$745k
Range $671k – $820k · ±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
$130 / 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
$19,479
Tax year 2023
Assessed value
$978,400
Assessed 2023
Previous assessed
$978,400
+0.0% YoY
Effective rate
1.99%
On assessed value
Assessed land
$259,200
Assessed improvement
$719,200
Land market value
$259,200
Improvement market value
$719,200
Total market value
$978,400
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
For Lease
Year built
1995
Heating
YES
Cooling
YES
Stories
1
Units
1
Total area
5,748 SF
Lot
0.85 ac (37,026 SF)
Zoning code
CC
APN
1765000010
UPID
US57-1096771
Jurisdiction
DOUGLAS
Zoning & alternative use
CC · Omaha, NE
Zoning CC · permitted uses
CC · Omaha, NE
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Omaha. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$870,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.1M
RETAIL STORES
Est. value
$900,000
AUTO REPAIR, GARAGE
Est. value
$855,000
OFFICE BUILDING
Est. value
$840,000
COMMERCIAL (GENERAL)
Est. value
$805,000
MEDICAL BUILDING Current
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
AUTO REPAIR, GARAGE
OFFICE BUILDING
COMMERCIAL (GENERAL)
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
1995
Heating
YES
Cooling
Yes
Stories
1
Units
1
Lot
0.85 ac
Current owner
From public records · entity-resolved
Jlc Realty LLC
Entity
Mailing address
11213 DAVENPORT ST STE #300, OMAHA, NE 68154-2604
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 2, 2017
$4,165,000
Jlc Realty LLC
Dhaliwal Properties LLC
Warranty Deed
$3,332,000 · Enterprise Bk
Nov 1, 2007
$3,800,000
Dhaliwal Properties LLC
Willis Armbrust Sales Svc In
Warranty Deed
$2,450,000 · Column Financial INC
Jul 19, 2007
—
Willis Armbrust Sales Svc INC
Mission Village Partnership
Warranty Deed
related
—
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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