Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    2312 Howard St Omaha, NE 68102-2412
    Back to Search
    Property profile & analytics

    2312 Howard St, Omaha, NE 68102-2412

    View on Map
    • Apartment buildings
    • 5,160 SF
    • 0.33 lot acres
    Off-Market
    Property ID
    US57-0010234
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    $515,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Apartment buildings

    Property Details for 2312 Howard St

    Year built
    1920
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.33 lot acres
    Zone code
    DS
    Property type
    Apartment buildings
    APN
    2316550000
    APU
    2316550000

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Mar 29, 2011 $125,000 Hci Real Estate Co Restored Hope Warranty Deed —
    Sep 2, 2005 $295,000 Hope Restored Yorkshire Dev Ltd Warranty Deed $248k · Yorkshire Dev Ltd
    — — Hci Real Estate Co — Deed Of Trust · related $2M · Liberty Nat'l Bk

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $365,000

    • CAP approach

      CAP Return
      Estimation
      6%
      $695,000
      6.5%
      $640,000
      7%
      $595,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $609,000
      Market price range: $427k - $742k
      AI Estimate
      $449,000
      Market price range: $333k - $506k

    • Alternative Use

      Use
      Estimation
      APARTMENT HOUSE (5+ UNITS)
      $565,000
      Current use
      RETAIL STORES
      $805,000
      Change: +43% Conversion: Difficult
      MEDICAL BUILDING
      $780,000
      Change: +38% Conversion: Moderate
      AUTO REPAIR, GARAGE
      $765,000
      Change: +36% Conversion: Difficult
      COMMERCIAL (GENERAL)
      $725,000
      Change: +28% Conversion: Moderate
      OFFICE BUILDING
      $650,000
      Change: +15% Conversion: Moderate

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Omaha
    County
    Douglas
    State
    Nebraska
    Longitude
    -95.9464
    Latitude
    41.2556
    CBSA code
    36540
    CBSA name
    OMAHA-COUNCIL BLUFFS, NE-IA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $0.00
    $288,000
    $166,900
    $454,900
    -
    $288,000
    $166,900
    $454,900

    Comparable in this City

    • Value Estimation
      $6,375,000
      52,272 SF

      1113 Howard St

      APARTMENT HOUSE (5+ UNITS)
      1113 Howard St, Omaha, NE 68102-2816
      View Details
    • Value Estimation
      $2,060,000
      16,898 SF

      2120 Paul St

      APARTMENT HOUSE (5+ UNITS)
      2120 Paul St, Omaha, NE 68102-4041
      View Details
    • Value Estimation by Request
      3,659 SF

      714 18th St

      APARTMENT HOUSE (UNDER 5 UNITS)
      714 18th St, Omaha, NE 68102
      View Details
    • Value Estimation
      $7,080,000
      97,860 SF

      616 11th St

      APARTMENT HOUSE (UNDER 5 UNITS)
      616 11th St, Omaha, NE 68102-2930
      View Details
    • Value Estimation
      $1,940,000
      20,446 SF

      1111 17th St

      BOARDING/ROOMING HOUSE
      1111 17th St, Omaha, NE 68102-4102
      View Details
    • Value Estimation
      $2,245,000
      23,690 SF

      1702 Nicholas St

      BOARDING/ROOMING HOUSE
      1702 Nicholas St, Omaha, NE 68102-4119
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Downtown Omaha Office/Retail Space

      Renovated office/retail space in the heart of Downtown Omaha.
      1209 Harney St, Omaha, NE 68102
      View Details
    • Contact for pricing
      10,741 SF

      Downtown Omaha Flexible Mixed-Use Property

      Mixed-use property near Old Market and future streetcar corridor.
      1407 Jackson St, Omaha, NE 68102
      View Details
    • Contact for pricing
      39,365 SF

      Omaha Office Building For Sale

      Office building with 36,740 square feet of space.
      1818 Leavenworth St, Omaha, NE 68102
      View Details
    • Contact for pricing
      101,292 SF

      Clean Warehouse Facility For Sale

      Clean warehouse facility with garden level and dock.
      109 N 9Th St, Omaha, NE 68102
      View Details
    • Contact for pricing

      Downtown Omaha Infill Opportunity

      Urban lot in downtown Omaha near Old Market.
      706 S 18Th St, Omaha, NE 68102
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Mixed-Use Development in Downtown Omaha

      Mixed-use property with retail and residential units in downtown Omaha.
      1001 N 12Th St, Omaha, NE 68102
      View Details
    • Contact for pricing

      Historic Art Deco Landmark Building

      Mixed-use property with residential and commercial spaces for rent.
      1904 Farnam St, Omaha, NE 68102
      View Details
    • $18 SF/Yr
      7,530 SF

      Historic Redfield Building Office Space

      Renovated historic office building in Omaha's emerging Flatiron District.
      1901 Howard St, Omaha, NE 68102
      View Details
    • Contact for pricing

      Landmark Center

      Discover many ways to work your way in Landmark Center
      1299 Farnam St, Omaha, NE 68102
      View Details
    • Contact for pricing
      2,186 SF

      Former Market Space For Sub-Lease

      Retail space with walk-in cooler and outdoor patio.
      1190-1022 Capitol Ave, Omaha, NE 68102
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2312 Howard St
    Omaha, NE 68102-2412
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    2312 Howard St, Omaha, NE, 68102
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!