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Property profile & analytics
FOR SALE
Investment properties
4038 Hamilton St Omaha, NE 68131-1106
Entity Owned
3-yr Hold
Free & Clear
Property ID
US57-0019435
For Sale
1 / 11
$190,000
4038 Hamilton St, Omaha, NE 68131-1106
View Listing →
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1890
Total area
2,031 SF
Lot
0.06 ac (2,500 SF)
APN
922310000
UPID
US57-0019435
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Second Level LLC · 3 yrs held
Second Level LLC
since 2022
Last sale
$100,000
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$1,663
Tax year 2023
Assessed value
$78,800
Assessed 2023
Previous assessed
$78,800
+0.0% YoY
Effective rate
2.11%
On assessed value
Assessed land
$14,400
Assessed improvement
$64,400
Land market value
$14,400
Improvement market value
$64,400
Total market value
$78,800
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
For Sale
Year built
1890
Heating
FORCED AIR
Cooling
CENTRAL
Stories
2
Units
3
Rooms
3
Total area
2,031 SF
Lot
0.06 ac (2,500 SF)
APN
922310000
UPID
US57-0019435
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
1890
Heating
FORCED AIR
Cooling
Yes
Stories
2
Units
3
Rooms
3
Lot
0.06 ac
Current owner
From public records · entity-resolved
Second Level LLC
Entity
Free & Clear · 3 yrs held
Mailing address
1379 S 137TH AVE, OMAHA, NE 68144-1171
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 3, 2022
—
Second Level LLC
5 Kings LLC
Quit Claim Deed
related
—
Nov 23, 2020
—
5 Kings LLC
—
Deed
related
$100,000 · First State Bank
Oct 21, 2020
$100,000
5 Kings LLC
John F Burroughs
Warranty Deed
—
Feb 10, 2020
$62,000
John F Burroughs
Robbins Consulting & Mgmt LLC
Warranty Deed
$59,500 · Robbins Consulting & Mgmt LLC
Jun 23, 2016
$2,000
Robbins Consulting & Mgmt LLC
Pass Professional Properties
Warranty Deed
—
Mar 22, 2012
$22,000
Professional Properties Pass
Great Wstrn Bk
Grant Deed
—
Mar 5, 2010
$28,800
Tierone Bk
Tierone Bank
Trustees Deed
related
—
Apr 4, 2005
—
K Investments LLC
Go Big Investments
Quit Claim Deed
related
$378,899 · Randolph State Bank
Dec 21, 2004
$34,000
Go Big Investments LLC
Naffziger,brian E & Sara K
Warranty Deed
$25,500 · Commercial Federal Bank
—
—
K-investment LLC
—
Deed Of Trust
related
$56,000 · Tierone Bank
—
—
Brian E Naffziger
—
Deed Of Trust
related
$27,173 · Nebraska State Bank Omaha
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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