New search
Property profile & analytics
FOR LEASE
Strip malls
17801 Pierce Plz, Omaha, NE 68130
Entity Owned
3-yr Hold
Free & Clear
Property ID
US57-0046440
For Lease
1 / 3
$9,895,000
17801 Pierce Plz, Omaha, NE 68130
View Listing →
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1997
Total area
41,830 SF
Lot
5.19 ac (226,076 SF)
APN
1903870580
UPID
US57-0046440
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
-
Deciduously Good Tree Services Landscaping General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$9.04M
CAP Approach
CAP
$8.90M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$9.90M
Owner & transaction history
Dakota Upreit Limited Partnership · 3 yrs held
Dakota Upreit Limited Partnership
since 2022
Last sale
$12.4M
6 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$13.7M
+75.7%
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
$12,095,000
ML approach
$9,035,000
CAP Approach
CAP Return
Estimation
6%
$9,640,000
6.5%
$8,895,000
7%
$8,260,000
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$7,815,000
Current use
RESTAURANT
$13,730,000
Change: +76% · Conversion: Difficult
RETAIL STORES
$6,535,000
Change: -16% · Conversion: Easy
MEDICAL BUILDING
$6,315,000
Change: -19% · Conversion: Difficult
Blend value · Realmo final
$9.90M
Range $8.91M – $10.88M · ±10% · vs last sale $12.40M (Sep 2 2022)
Last sale anchor
$12.40M
Sep 2 2022
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
$237 / 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
$4,287,300
Assessed 2023
Previous assessed
$4,287,300
+0.0% YoY
Assessed land
$1,337,000
Assessed improvement
$2,950,300
Land market value
$1,337,000
Improvement market value
$2,950,300
Total market value
$4,287,300
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
For Lease
Year built
1997
Heating
PACKAGE
Cooling
AC.PACKAGE
Stories
1
Units
19
Total area
41,830 SF
Lot
5.19 ac (226,076 SF)
APN
1903870580
UPID
US57-0046440
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
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$7.8M
RESTAURANT
Est. value
$13.7M
RETAIL STORES
Est. value
$6.5M
MEDICAL BUILDING
Est. value
$6.3M
NEIGHBORHOOD: SHOPPING CENTER Current
RESTAURANT
RETAIL STORES
MEDICAL 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
1997
Heating
PACKAGE
Cooling
Yes
Stories
1
Units
19
Lot
5.19 ac
Current owner
From public records · entity-resolved
Dakota Upreit Limited Partnership
Entity
Free & Clear · 3 yrs held
Mailing address
3003 32ND AVE S STE #250, FARGO, ND 58103-6118
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 2, 2022
$12,400,000
Dakota Upreit Limited Partnership
Venture Group LLC
Special Warranty Deed
—
May 14, 2015
$2,950,000
Venture Group LLC
17915 Pierce Plaza Holdings Ll
Grant Deed
—
Jan 28, 2015
$3,500,000
17915 Pierce Plaza Holdings Ll
Peterson Trev E|spring Ridge Plaza II LLC
Trustees Deed
related
—
Oct 6, 2004
—
Spring Ridge Plaza II LLC
Spring Ridge Plaza LLC
Quit Claim Deed
related
$4,400,000 · Lehman Brothers Bank Fsb
Aug 11, 2004
—
Pacific Street Holdings II LLC
Pacific Street Holdings LLC
Quit Claim Deed
related
—
Apr 26, 2004
—
Spring Ridge Plaza LLC
Hoich,john L & Denise M
Grant Deed
$2,800,000 · Tierone Bank
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
