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Property profile & analytics
FOR SALE
Commercial real estate
3503 Jones St Omaha, NE 68105
Entity Owned
16-yr Hold
Absentee Owner
Free & Clear
Property ID
US57-0097735
For Sale
1 / 14
$2,604,000
3503 Jones St, Omaha, NE 68105
View Listing →
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1931
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
21,069 SF
Lot
0.38 ac (16,616 SF)
APN
1419660003
UPID
US57-0097735
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
-
The Green Lodge Apartment Building
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$705k
Blend (final)
Blend
$870k
Owner & transaction history
Midtown Properties LLC · 16 yrs held
Midtown Properties LLC
since 2010
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$870k
Range $783k – $957k · ±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
$41 / 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
$3,842
Tax year 2023
Assessed value
$182,100
Assessed 2023
Previous assessed
$182,100
+0.0% YoY
Effective rate
2.11%
On assessed value
Assessed land
$8,300
Assessed improvement
$173,800
Land market value
$8,300
Improvement market value
$173,800
Total market value
$182,100
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
For Sale
Year built
1931
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Cooling
CENTRAL
Stories
3
Units
30
Rooms
30
Total area
21,069 SF
Lot
0.38 ac (16,616 SF)
APN
1419660003
UPID
US57-0097735
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
Building & site characteristics
From public records
Year built
1931
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Cooling
Yes
Stories
3
Units
30
Rooms
30
Lot
0.38 ac
Current owner
From public records · entity-resolved
Midtown Properties LLC
Entity
Free & Clear · 16 yrs held
Mailing address
4880 S 131ST ST STE #2, OMAHA, NE 68137-1877
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2010
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
Apr 7, 2011
—
Midtown Properties LLC
—
Deed Of Trust
related
$2,229,500 · Pinnacle Bank
May 4, 2010
$640,000
Midtown Properties LLC
Keystone Greenlodge LLC
Warranty Deed
—
Oct 8, 2009
—
Keystone Greenlodge LLC
—
Grant Deed
related
$4,000,000 · Wells Fargo Bank
Mar 24, 2009
—
Keystone Midtown Storage LLC
—
Deed Of Trust
related
$4,000,000 · Wells Fargo Bank
Jan 14, 2005
—
Keystone Green Lodge LLC
Keystone Properties LLC
Quit Claim Deed
related
$4,000,000 · Wells Fargo Bank
Oct 19, 2004
—
Keystone Properties LLC
Richling,larry F & Mary
Warranty Deed
related
—
—
—
Midtown Properties LLC
—
Deed Of Trust
related
$11,150,000 · Genworth Life & Annuity Ins Co
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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