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Property profile & analytics
OFF-MARKET
Estimated value
$1,860,000
Manufacturing properties
1810 Read St, Omaha, NE 68112-3473
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US57-1187196
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1964
Total area
35,155 SF
Lot
0.99 ac (43,124 SF)
Zoning code
GI
APN
238870004
UPID
US57-1187196
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
-
Grass Catchers USA Landscaping General Contractor
-
Humboldt Specialty Manufacturing Co. Industrial Manufacturer Production Facility
-
Keene Corporation Industrial Manufacturer Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.90M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.97M
Blend (final)
Blend
$1.86M
Owner & transaction history
B Squared LLC · 4 yrs held
B Squared LLC
since 2021
Last sale
$1.7M
4 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
$2,005,000
ML approach
$1,895,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.86M
Range $1.67M – $2.05M · ±10% · vs last sale $1.72M (Oct 15 2021)
Last sale anchor
$1.72M
Oct 15 2021
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
$53 / 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
$18,543
Tax year 2023
Assessed value
$878,900
Assessed 2023
Previous assessed
$878,900
+0.0% YoY
Effective rate
2.11%
On assessed value
Assessed land
$43,100
Assessed improvement
$835,800
Land market value
$43,100
Improvement market value
$835,800
Total market value
$878,900
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1964
Heating
PACKAGE
Cooling
AC.PACKAGE
Stories
1
Units
1
Total area
35,155 SF
Lot
0.99 ac (43,124 SF)
Zoning code
GI
APN
238870004
UPID
US57-1187196
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
1964
Heating
PACKAGE
Cooling
Yes
Stories
1
Units
1
Lot
0.99 ac
Current owner
From public records · entity-resolved
B Squared LLC
Entity
Mailing address
7638 PIERCE ST, OMAHA, NE 68124-1508
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 15, 2021
$1,722,000
B Squared LLC
1810 Butte Corporation
Special Warranty Deed
$1,248,813 · Five Points Bank
Jan 22, 2020
—
1810 Butte Corp
—
Deed
related
$951,496 · Wells Fargo Bk
Jul 9, 2007
$975,000
Humboldt Specialty Mfg Co
Sortinos Fruit Co INC
Warranty Deed
$922,500 · Security National Bank Omaha
—
—
1810 Butte Corp
—
Loan Modification
related
$951,496 · Wells Fargo 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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