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Property profile & analytics
OFF-MARKET
Estimated value
$700,000
Warehouses
1809 Read St Omaha, NE 68112-3474
Entity Owned
2-yr Hold
Free & Clear
Property ID
US57-0259233
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
1992
Total area
20,000 SF
Lot
2.49 ac (108,464 SF)
Zoning code
GI
APN
1842360004
UPID
US57-0259233
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
-
Holmes Equipment Co Bakery Specialty Food Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$700k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$700k
Owner & transaction history
Gravity Industries INC · 2 yrs held
Gravity Industries INC
since 2024
Last sale
$700,000
7 recorded transactions
Zoning & alternative use
GI · Omaha, NE
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
$700,000
ML approach
$700,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$700k
Range $630k – $770k · ±10% · vs last sale $700k (Mar 6 2024)
Last sale anchor
$700k
Mar 6 2024
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
$35 / 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
$1,107,800
Assessed 2023
Previous assessed
$1,107,800
+0.0% YoY
Assessed land
$108,700
Assessed improvement
$999,100
Land market value
$108,700
Improvement market value
$999,100
Total market value
$1,107,800
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
1992
Heating
SPACE
Stories
1
Units
2
Total area
20,000 SF
Lot
2.49 ac (108,464 SF)
Zoning code
GI
APN
1842360004
UPID
US57-0259233
Jurisdiction
DOUGLAS
Zoning & alternative use
GI · Omaha, NE
Zoning GI · permitted uses
GI · 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.
Building & site characteristics
From public records
Year built
1992
Heating
SPACE
Stories
1
Units
2
Lot
2.49 ac
Current owner
From public records · entity-resolved
Gravity Industries INC
Entity
Free & Clear · 2 yrs held
Mailing address
7031 N 16TH ST, OMAHA, NE 68112-3450
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 6, 2024
—
Gravity Industries INC
Dtm Wood LLC
Quit Claim Deed
related
—
Mar 15, 2023
—
Dtm Wood LLC
—
Deed
related
$1,050,000 · Central National Bank
Jan 14, 2020
—
Dtm Wood LLC
—
Deed
related
$375,000 · Central National Bank
Nov 12, 2019
—
Dtm Wood LLC
—
Deed
related
$1,053,644 · Richard G & Rose M Wood
Feb 11, 2019
—
Dtm Wood LLC
—
Grant Deed
related
$2,440,000 · Central Nat'l Bk
Jul 27, 2016
—
Dtm Wood LLC
—
Deed
related
$2,566,200 · Mutual/omaha Bk
Nov 14, 2013
$700,000
Dtm Wood LLC
Patricia G Holmes
Deed
$600,000 · Mutual Of Omaha Bank
—
—
Dtm Wood LLC
—
Deed Of Trust
related
$1,053,644 · Richard G & Rose M Wood
—
—
Dtm Wood LLC
—
Deed Of Trust
related
$1,053,644 · Richard G & Rose M Wood
—
—
Dtm Wood LLC
—
Loan Modification
related
$2,566,200 · Mutual/omaha 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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