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Property profile & analytics
OFF-MARKET
Estimated value
$2,065,000
Motels
2211 Douglas St Omaha, NE 68102-1212
Entity Owned
Free & Clear
Property ID
US57-0169060
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1964
Total area
19,992 SF
Lot
0.68 ac (29,555 SF)
APN
745920002
UPID
US57-0169060
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
-
Econo Lodge Downtown Hotel & Motel
-
420 Transitional housing Housing Authority
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.49M
Comparable Approach
Comparable
$2.13M
Blend (final)
Blend
$2.07M
Owner & transaction history
Hoppe Son LLC
Hoppe Son LLC
since 2025
Last sale
$2.0M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$3.1M
+46.6%
Medical building
$3.0M
+41.7%
Auto repair, garage
$3.0M
+39.3%
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
$2,145,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,615,000
6.5%
$1,490,000
7%
$1,385,000
Alternative Use
Use
Estimation
HOTEL/MOTEL
$2,130,000
Current use
RETAIL STORES
$3,125,000
Change: +47% · Conversion: Difficult
MEDICAL BUILDING
$3,020,000
Change: +42% · Conversion: Difficult
AUTO REPAIR, GARAGE
$2,965,000
Change: +39% · Conversion: Difficult
COMMERCIAL (GENERAL)
$2,800,000
Change: +31% · Conversion: Difficult
OFFICE BUILDING
$2,515,000
Change: +18% · Conversion: Difficult
Blend value · Realmo final
$2.07M
Range $1.86M – $2.27M · ±10% · vs last sale $2.00M (Jun 17 2025)
Last sale anchor
$2.00M
Jun 17 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
$103 / 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
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
Motels
Use group
MOTEL
Status
Off-Market
Year built
1964
Heating
YES
Cooling
YES
Stories
2
Units
58
Rooms
58
Total area
19,992 SF
Lot
0.68 ac (29,555 SF)
APN
745920002
UPID
US57-0169060
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
HOTEL/MOTEL Current
Est. value
$2.1M
RETAIL STORES
Est. value
$3.1M
MEDICAL BUILDING
Est. value
$3.0M
AUTO REPAIR, GARAGE
Est. value
$3.0M
COMMERCIAL (GENERAL)
Est. value
$2.8M
OFFICE BUILDING
Est. value
$2.5M
HOTEL/MOTEL Current
RETAIL STORES
MEDICAL BUILDING
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
OFFICE 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
1964
Heating
YES
Cooling
Yes
Stories
2
Units
58
Rooms
58
Lot
0.68 ac
Current owner
From public records · entity-resolved
Hoppe Son LLC
Entity
Free & Clear · 0 yrs held
Mailing address
2211 DOUGLAS ST, OMAHA, NE 68102-1212
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 17, 2025
$1,995,000
Hoppe Son LLC
Timo Properties LLC
Warranty Deed
—
Aug 18, 2022
—
Timo Properties LLC
Together INC
Quit Claim Deed
related
—
Dec 27, 2021
$2,200,000
Together INC
Admjm On1 LLC
Warranty Deed
—
Aug 8, 2016
$2,150,000
Admjm On1 LLC
Thakor R Patel
Warranty Deed
$1,814,800 · Core Bank
—
—
Thakor R Patel
—
Deed Of Trust
related
$3,020,500 · Wells Fargo Bank
—
—
Thakor R Patel
—
Deed Of Trust
related
$118,552 · American National Bank & Trust
—
—
Thakor R Patel
—
Deed Of Trust
related
$794,000 · American National Bank & Trust
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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