Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$605,000
Retail space
302 11th St Omaha, NE 68102-1808
Entity Owned
7-yr Hold
Free & Clear
Property ID
US57-0191052
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1990
Total area
3,599 SF
Lot
0.04 ac (1,560 SF)
APN
2330355016
UPID
US57-0191052
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
-
Orangetheory Fitness Gym & Fitness Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$670k
Comparable Approach
Comparable
$539k
Blend (final)
Blend
$605k
Owner & transaction history
Avaden Landmark LLC · 7 yrs held
Avaden Landmark LLC
since 2019
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$670,000
+19.6%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$725,000
6.5%
$670,000
7%
$620,000
Alternative Use
Use
Estimation
RETAIL STORES
$560,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$670,000
Change: +20% · Conversion: Moderate
MEDICAL BUILDING
$545,000
Change: -3% · Conversion: Difficult
AUTO REPAIR, GARAGE
$535,000
Change: -5% · Conversion: Difficult
COMMERCIAL (GENERAL)
$505,000
Change: -10% · Conversion: Easy
OFFICE BUILDING
$455,000
Change: -19% · Conversion: Easy
Blend value · Realmo final
$605k
Range $545k – $666k · ±10%
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
$168 / 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
$13,583
Tax year 2023
Assessed value
$643,800
Assessed 2023
Previous assessed
$643,800
+0.0% YoY
Effective rate
2.11%
On assessed value
Assessed land
$62,400
Assessed improvement
$581,400
Land market value
$62,400
Improvement market value
$581,400
Total market value
$643,800
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1990
Heating
YES
Cooling
YES
Stories
1
Units
1
Total area
3,599 SF
Lot
0.04 ac (1,560 SF)
APN
2330355016
UPID
US57-0191052
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
RETAIL STORES Current
Est. value
$560,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$670,000
MEDICAL BUILDING
Est. value
$545,000
AUTO REPAIR, GARAGE
Est. value
$535,000
COMMERCIAL (GENERAL)
Est. value
$505,000
OFFICE BUILDING
Est. value
$455,000
RETAIL STORES Current
NEIGHBORHOOD: SHOPPING CENTER
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
1990
Heating
YES
Cooling
Yes
Stories
1
Units
1
Lot
0.04 ac
Current owner
From public records · entity-resolved
Avaden Landmark LLC
Entity
Free & Clear · 7 yrs held
Mailing address
450 REGENCY PKWY STE #200, OMAHA, NE 68114-3777
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 4, 2020
—
Avaden Landmark LLC
—
Deed
related
$40,000 · Mutual/omaha Bk
Apr 10, 2019
—
Avaden Landmark LLC
Quattro Farms LLC
Correction Deed
related
—
May 29, 2018
$210,000
Tc Accommodator 154 LLC
Folsom-lm LLC
Grant Deed
—
May 29, 2018
$225,000
Quattro Farms LLC
Folsom-lm LLC
Grant Deed
—
May 29, 2018
—
Avaden 1299 LLC
Folsom-lm LLC
Grant Deed
related
—
May 24, 2018
$3,365,000
Avaden 1299 LLC
Folsom-lm LLC
Trustees Deed
$16,100,000 · Mutual/omaha Bk
May 24, 2018
$210,000
Tc Accommodator 154 LLC
Folsom-lm LLC
Grant Deed
—
May 24, 2018
$225,000
Quattro Farms LLC
Folsom-lm LLC
Grant Deed
—
Mar 1, 2017
$18,500,000
Avaden Landmark LLC
Clf Landmark Omaha LLC
Quit Claim Deed
related
$11,100,000 · Mutual/omaha Bk
Jul 2, 2012
—
Clf Landmark Omaha LLC
—
Deed Of Trust
related
$100,000,000 · Wells Fargo Bank
Jun 4, 2007
—
Clf Landmark Omaha LLC
Prefco Onze LLC
Warranty Deed
related
—
—
—
Clf Landmark Omaha LLC
—
Loan Modification
related
$150,000,000 · Wells Fargo Bank
—
—
Avaden Landmark LLC
—
Deed Of Trust
related
$40,000 · Mutual/omaha Bk
—
—
Clf Landmark Omaha LLC
—
Loan Modification
related
$150,000,000 · Wells Fargo Bank
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 302 11th St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
