Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    2615 90th St Omaha, NE 68134-5703
    Back to Search
    Property profile & analytics

    2615 90th St Omaha, NE 68134-5703

    View on Map
    • Drive through restaurants
    • 1,850 SF
    • 0.16 lot acres
    Off-Market
    Last Sale Aug 11, 2022
    $350,000
    Property ID
    US57-1142196
    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
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Grateful Green Hemp & THC Dispensary / (Bike/Boat/Book/etc) Store / Pharmacy
    • Gage Heibeck Hardware Store / Building Supply / Hardware & Home Improvement

    Property Details for 2615 90th St

    Year built
    1967
    Lot size
    0.16 lot acres
    Property size
    1,850 SF
    Property type
    Drive through restaurants
    APN
    2429260002
    APU
    2429260002

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Omaha
    County
    Douglas
    State
    Nebraska
    Longitude
    -96.0522
    Latitude
    41.2825
    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
    2023
    $5,042
    $55,400
    $183,600
    $239,000
    -
    $55,400
    $183,600
    $239,000

    Comparable in this City

    • Value Estimation
      $570,000
      3,796 SF

      4635 72nd St

      DRIVE-THRU RESTAURANT, FAST FOOD • 3,796 SF
      4635 72nd St, Omaha, NE 68134-2323
      View Details
    • Value Estimation by Request
      4,344 SF

      2340 72nd St

      DRIVE-THRU RESTAURANT, FAST FOOD • 4,344 SF
      2340 72nd St, Omaha, NE 68134-7008
      View Details
    • Value Estimation
      $1,155,000
      3,339 SF

      4303 72nd St

      DRIVE-THRU RESTAURANT, FAST FOOD • 3,339 SF
      4303 72nd St, Omaha, NE 68134-2303
      View Details
    • Value Estimation by Request
      3,352 SF

      3222 90th St

      DRIVE-THRU RESTAURANT, FAST FOOD • 3,352 SF
      3222 90th St, Omaha, NE 68134-4708
      View Details
    • Value Estimation
      $915,000
      3,753 SF

      5301 90th St

      DRIVE-THRU RESTAURANT, FAST FOOD • 3,753 SF
      5301 90th St, Omaha, NE 68134
      View Details
    • Value Estimation by Request
      3,436 SF

      3417 90th St

      DRIVE-THRU RESTAURANT, FAST FOOD • 3,436 SF
      3417 90th St, Omaha, NE 68134-4711
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      13,232 SF

      Omaha CVS Pharmacy Sub-Leased

      13,232 SF CVS Pharmacy sub-leased to Dollar Tree.
      10770 Fort St, Omaha, NE 68134
      View Details
    • Contact for pricing
      11,880 SF

      Former Retail Building For Sale

      Former retail building with worship hall, classrooms, offices, storage.
      9313 Binney St, Omaha, NE 68134
      View Details
    • Contact for pricing
      10,200 SF

      Versatile Retail/Office Space Available

      Adaptable space suitable for retail, medical, or office tenants.
      5310 N 99Th St, Omaha, NE 68134
      View Details
    • Contact for pricing
      11,880 SF

      Former Retail Building on Corner

      Freestanding building with potential for retail or religious use.
      9313 Binney St, Omaha, NE 68134
      View Details
    • Contact for pricing

      Pad Site Near 72nd Street

      0.93 acre pad site off 72nd and Maple.
      7328 Maple St, Omaha, NE 68134
      View Details
    • $831,560

      Commercial Land For Sale

      Commercial flex/retail land for sale, build-to-suit options available.
      11002 Blondo St, Omaha, NE 68134
      View Details

    Similar Nearby for Lease

    • $2,395 /Mo

      Kiosk and Lot Ground Lease

      Kiosk building and lot for lease with drive-thru opportunity.
      2220 North 90Th St, Omaha, NE 68134
      View Details
    • Contact for pricing
      14,240 SF

      Omaha Retail Space For Lease

      Prominent shopping center with junior anchor and in-line spaces.
      14949 Evans Plz, Omaha, NE 68134
      View Details
    • Contact for pricing
      988 SF

      Retail Space in Renovated Center

      Retail and office spaces available in renovated shopping center.
      4721-4751 S 96Th St, Omaha, NE 68134
      View Details
    • Contact for pricing
      1,865 SF

      Retail Space with Front Parking

      Retail space with updated facade and convenient front door parking.
      9101-9123 Bedford Ave, Omaha, NE 68134
      View Details
    • Contact for pricing

      Retail Space Available For Rent

      Retail space available, offering 1,860 SqFt in Omaha, NE.
      9006 Maple St, Omaha, NE 68134
      View Details
    • Contact for pricing

      Prime Retail Space on Blondo

      60,000+ SF shopping center with frontage and visibility.
      8005 Blondo St, Omaha, NE 68134
      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.
    2615 90th St
    Omaha, NE 68134-5703
    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
    2615 90th St, Omaha, NE, 68134
    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!