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Property profile & analytics
OFF-MARKET
Estimated value
$3,475,000
Drug stores
4411 Ctr St Omaha, NE 68105-2435
Entity Owned
21-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US57-1132395
Property profile
Verified
Property type
Drug stores
Use group
DRUG STORE, PHARMACY
Year built
1996
Total area
16,890 SF
Lot
1.74 ac (75,794 SF)
APN
520070050
UPID
US57-1132395
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
-
Alegent Creighton Clinic Nephrology 44th and Center Medical Clinic
-
Octapharma Plasma Medical Clinic
-
Theresa Herring Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$3.15M
Comparable Approach
Comparable
$4.16M
Blend (final)
Blend
$3.48M
Owner & transaction history
B & P Properties LLC · 21 yrs held
B & P Properties LLC
since 2005
3 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$5.5M
+110.1%
Neighborhood: shopping center
$3.2M
+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%
$3,405,000
6.5%
$3,145,000
7%
$2,920,000
Alternative Use
Use
Estimation
RETAIL STORES
$2,640,000
Current use
RESTAURANT
$5,545,000
Change: +110% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$3,155,000
Change: +20% · Conversion: Moderate
MEDICAL BUILDING
$2,550,000
Change: -3% · Conversion: Difficult
AUTO REPAIR, GARAGE
$2,505,000
Change: -5% · Conversion: Difficult
OFFICE BUILDING
$2,465,000
Change: -7% · Conversion: Easy
Blend value · Realmo final
$3.48M
Range $3.13M – $3.82M · ±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
$206 / 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
$40,660
Tax year 2023
Assessed value
$1,927,200
Assessed 2023
Previous assessed
$1,927,200
+0.0% YoY
Effective rate
2.11%
On assessed value
Assessed land
$380,900
Assessed improvement
$1,546,300
Land market value
$380,900
Improvement market value
$1,546,300
Total market value
$1,927,200
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
Drug stores
Use group
DRUG STORE, PHARMACY
Status
Off-Market
Year built
1996
Heating
YES
Cooling
YES
Stories
1
Units
2
Total area
16,890 SF
Lot
1.74 ac (75,794 SF)
APN
520070050
UPID
US57-1132395
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
$2.6M
RESTAURANT
Est. value
$5.5M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$3.2M
MEDICAL BUILDING
Est. value
$2.6M
AUTO REPAIR, GARAGE
Est. value
$2.5M
OFFICE BUILDING
Est. value
$2.5M
RETAIL STORES Current
RESTAURANT
NEIGHBORHOOD: SHOPPING CENTER
MEDICAL BUILDING
AUTO REPAIR, GARAGE
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
1996
Heating
YES
Cooling
Yes
Stories
1
Units
2
Lot
1.74 ac
Current owner
From public records · entity-resolved
B & P Properties LLC
Entity
Mailing address
1601 22ND ST, WEST DES MOINES, IA 50266-1408
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2005
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 2, 2017
—
B & P Propertis LLC
—
Deed
related
$1,975,677 · West Bank
Aug 10, 2006
—
B & P Properties LLC
—
Trustees Deed
related
$450,000 · First American Bank
May 19, 2005
$950,000
B & P Properties LLC
American Stores Properties INC
Grant Deed
$1,200,000 · First American 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.
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