Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    3823 Florence Blvd Omaha, NE 68110-1738
    Back to Search
    Property profile & analytics

    3823 Florence Blvd, Omaha, NE 68110-1738

    View on Map
    • Day care centers
    • 3,048 SF
    • 0.27 lot acres
    Off-Market
    Last Sale Jun 8, 2021
    $185,000
    Property ID
    US57-0085135
    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

    • Elg Child Care / Tutoring Service / Training Center
    • gifted minds learning center / Daycare Center / Foster Care Service

    Property Details for 3823 Florence Blvd

    Year built
    1940
    Lot size
    0.27 lot acres
    Zone code
    GC
    Property type
    Day care centers
    APN
    1512480001
    APU
    1512480001

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Jun 18, 2025 — Gifted Minds Investments LLC — Deed · related $272k · Security National Bank Of Omaha
    Jun 8, 2021 $185,000 Gifted Minds Investments LLC Abundant Living LLC Warranty Deed $149k · Security National Bank Of Omaha
    Nov 2, 2020 $185,000 Abmdant Living Trust Rnb Properties 2 LLC Warranty Deed $157k · Security National Bank Of Omaha
    Aug 19, 2010 — Rnb Properties 2 LLC Rnb Properties LLC Quit Claim Deed · related —
    Aug 18, 2010 $99,000 Rnb Properties LLC Learning Tree LLC Warranty Deed $15k · Learning Tree LLC
    — — Rnb Properties 2 LLC — Deed Of Trust · related $59k · Bank Of The West
    — — Rnb Properties 2 LLC — Deed Of Trust · related $113k · Pinnacle Bank

    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
    -95.9418
    Latitude
    41.2942
    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
    $3,985
    $5,800
    $183,100
    $188,900
    -
    $5,800
    $183,100
    $188,900

    Comparable in this City

    • Value Estimation by Request
      2,610 SF

      4430 Florence Blvd

      DAY CARE, PRE-SCHOOL
      4430 Florence Blvd, Omaha, NE 68110-1638
      View Details
    • Value Estimation by Request
      4,368 SF

      2401 24th St

      DAY CARE, PRE-SCHOOL
      2401 24th St, Omaha, NE 68110-2216
      View Details
    • Value Estimation by Request
      1,760 SF

      4613 24th St

      DAY CARE, PRE-SCHOOL
      4613 24th St, Omaha, NE 68110
      View Details
    • Value Estimation by Request
      1,330 SF

      2304 Grace St

      DAY CARE, PRE-SCHOOL
      2304 Grace St, Omaha, NE 68110-2351
      View Details
    • Value Estimation by Request
      0.69 Acres

      5420 3rd St

      CHARITABLE ORGANIZATION
      5420 3rd St, Omaha, NE 68110
      View Details
    • Value Estimation by Request
      0.57 Acres

      5317 4th Ave

      CHARITABLE ORGANIZATION
      5317 4th Ave, Omaha, NE 68110-1213
      View Details

    Similar Nearby for Sale

    • $55,900
      0.26 Acres

      Corner Lot with Garage

      Residential lot with garage and foundation in Omaha, NE.
      4704 N 14Th Ave, Omaha, NE 68110
      View Details
    • Contact for pricing

      Double Lot Near Airport

      Double lot near airport, downtown, and upcoming sports complex.
      5105 N 14Th St, Omaha, NE 68110
      View Details
    • Contact for pricing

      Omaha Vacant Residential Lot

      Vacant lot in Omaha, ready for development.
      2038 Fowler Ave, Omaha, NE 68110
      View Details
    • Contact for pricing
      59,012 SF

      Omaha Warehouse Space For Sale

      59,012 square foot warehouse available in Omaha, Nebraska.
      4225 Florence Blvd, Omaha, NE 68110
      View Details
    • $399,000
      3.00 Acres

      Versatile Shouse on 3 Acres

      Country living meets functionality on 3 acres near Hwy 2.
      691 N 12Th Rd, Palmyra, NE 68110
      View Details
    • New
      Contact for pricing

      Vacant Lot in Omaha

      Vacant lot for sale in Omaha, Nebraska.
      4715 N 22Nd St, Omaha, NE 68110
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Historic Brick Building on 24th

      Revitalized business district location with ample parking and natural light.
      3116 N 24Th St, Omaha, NE 68110
      View Details
    • Contact for pricing

      Omaha Land for Lease

      1-65 acres available for lease in North Downtown Omaha.
      East Locust St, Omaha, NE 68110
      View Details
    • $2,875 /Mo
      8 SF

      Omaha Industrial Land For Lease

      8.8 acres of industrial land available for lease.
      6162 Abbott Dr, Omaha, NE 68110
      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.
    3823 Florence Blvd
    Omaha, NE 68110-1738
    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
    3823 Florence Blvd, Omaha, NE, 68110
    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!