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Property profile & analytics
OFF-MARKET
Estimated value
$4,965,000
Office buildings
2110 169th Plz Omaha, NE 68130-4650
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US57-1121773
Property summary
AI-generated overview
This exceptional two-story, Class B office building, totaling 26,538 square feet, is situated on a 2.13-acre lot at 2110 S 169th Plaza, Omaha, NE 68130, near Frances Street. Built in 2003, the property offers flexible space options, with a minimum divisible unit of 6,635 square feet and the entire 26,538 square feet available for lease. The building currently boasts a fully vacant space, perfect for a single tenant or multiple occupants. Amenities include 105 surface parking spaces and elevators. The property is zoned MU (Mixed-Use), allowing for diverse business applications. The existing layout features a blend of open work areas and private offices, adaptable to various needs. Tenant improvements are negotiable. Property taxes are $2.99 per square foot. Its prime location in Lakeside Hills offers convenient access to CHI Health Lakeside Hospital, along with numerous nearby amenities such as restaurants, shopping centers, and walking trails. The APN is 1602856059. This presents a unique opportunity for medical practices or professional offices seeking a well-located, adaptable space.
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2003
Total area
26,538 SF
Lot
2.13 ac (92,783 SF)
Zoning code
MU
APN
1602856059
UPID
US57-1121773
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
-
NCR (Bike/Boat/Book/etc) Store Corporate Office
-
Titan Medical Group Employment Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$4.84M
CAP Approach
CAP
$5.96M
Comparable Approach
Comparable
$3.66M
Blend (final)
Blend
$4.97M
Owner & transaction history
Viribus Real Estate LLC · 4 yrs held
Viribus Real Estate LLC
since 2021
Last sale
$5.5M
2 recorded transactions
Zoning & alternative use
MU · Omaha, NE
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$5.0M
+28.0%
Retail stores
$4.1M
+7.1%
Medical building
$4.0M
+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
$4,445,000
ML approach
$4,835,000
CAP Approach
CAP Return
Estimation
6%
$6,450,000
6.5%
$5,955,000
7%
$5,530,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$3,870,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$4,960,000
Change: +28% · Conversion: Difficult
RETAIL STORES
$4,145,000
Change: +7% · Conversion: Moderate
MEDICAL BUILDING
$4,010,000
Change: +4% · Conversion: Easy
AUTO REPAIR, GARAGE
$3,940,000
Change: +2% · Conversion: Difficult
COMMERCIAL (GENERAL)
$3,720,000
Change: -4% · Conversion: Easy
WAREHOUSE, STORAGE
$3,620,000
Change: -7% · Conversion: Difficult
Blend value · Realmo final
$4.97M
Range $4.47M – $5.46M · ±10% · vs last sale $5.45M (Dec 15 2025)
Last sale anchor
$5.45M
Dec 15 2025
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
$187 / 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
$79,244
Tax year 2023
Assessed value
$3,769,100
Assessed 2023
Previous assessed
$3,769,100
+0.0% YoY
Effective rate
2.10%
On assessed value
Assessed land
$708,500
Assessed improvement
$3,060,600
Land market value
$708,500
Improvement market value
$3,060,600
Total market value
$3,769,100
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
2003
Heating
PACKAGE
Cooling
AC.PACKAGE
Stories
2
Units
3
Total area
26,538 SF
Lot
2.13 ac (92,783 SF)
Zoning code
MU
APN
1602856059
UPID
US57-1121773
Jurisdiction
DOUGLAS
Zoning & alternative use
MU · Omaha, NE
Zoning MU · permitted uses
MU · 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
OFFICE BUILDING Current
Est. value
$3.9M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$5.0M
RETAIL STORES
Est. value
$4.1M
MEDICAL BUILDING
Est. value
$4.0M
AUTO REPAIR, GARAGE
Est. value
$3.9M
COMMERCIAL (GENERAL)
Est. value
$3.7M
WAREHOUSE, STORAGE
Est. value
$3.6M
OFFICE BUILDING Current
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
MEDICAL BUILDING
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
WAREHOUSE, STORAGE
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
2003
Heating
PACKAGE
Cooling
Yes
Stories
2
Units
3
Lot
2.13 ac
Current owner
From public records · entity-resolved
Viribus Real Estate LLC
Entity
Mailing address
2110 S 169TH PLZ, OMAHA, NE 68130-4650
Mailing matches property
Yes
Owner-occupied
Yes
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
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 13, 2021
$4,850,000
Viribus Real Estate LLC
169 Lakeside LLC
Special Warranty Deed
$4,000,000 · Pinncacle Bank
—
—
169 Lakeside LLC
—
Deed Of Trust
related
$2,750,000 · Transamerica Occidental Life
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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