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Property profile & analytics
OFF-MARKET
Estimated value
$670,000
Office buildings
4844 Hamilton St, Omaha, NE 68132-1608
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US57-1172318
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1963
Total area
3,200 SF
Lot
0.15 ac (6,725 SF)
Zoning code
GC
APN
822330000
UPID
US57-1172318
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
-
Independent Gorilla Productions, Inc. Film Production Television Studio
-
Studio B, Ltd. Recording Studio
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$670k
CAP Approach
CAP
$720k
Comparable Approach
Comparable
$452k
Blend (final)
Blend
$670k
Owner & transaction history
M & M Kellogg Properties LLC · 2 yrs held
M & M Kellogg Properties LLC
since 2024
Last sale
$668,000
5 recorded transactions
Zoning & alternative use
GC · Omaha, NE
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$600,000
+28.0%
Commercial (general)
$550,000
+17.4%
Retail stores
$500,000
+7.1%
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
$670,000
ML approach
$670,000
CAP Approach
CAP Return
Estimation
6%
$780,000
6.5%
$720,000
7%
$665,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$465,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$600,000
Change: +28% · Conversion: Difficult
COMMERCIAL (GENERAL)
$550,000
Change: +17% · Conversion: Easy
RETAIL STORES
$500,000
Change: +7% · Conversion: Moderate
MEDICAL BUILDING
$485,000
Change: +4% · Conversion: Easy
AUTO REPAIR, GARAGE
$475,000
Change: +2% · Conversion: Difficult
Blend value · Realmo final
$670k
Range $603k – $737k · ±10% · vs last sale $668k (Feb 9 2024)
Last sale anchor
$668k
Feb 9 2024
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
$209 / 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
$6,361
Tax year 2023
Assessed value
$301,500
Assessed 2023
Previous assessed
$301,500
+0.0% YoY
Effective rate
2.11%
On assessed value
Assessed land
$22,900
Assessed improvement
$278,600
Land market value
$22,900
Improvement market value
$278,600
Total market value
$301,500
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1963
Heating
YES
Cooling
YES
Stories
1
Units
2
Total area
3,200 SF
Lot
0.15 ac (6,725 SF)
Zoning code
GC
APN
822330000
UPID
US57-1172318
Jurisdiction
DOUGLAS
Zoning & alternative use
GC · Omaha, NE
Zoning GC · permitted uses
GC · Omaha, NE
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Omaha. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$465,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$600,000
COMMERCIAL (GENERAL)
Est. value
$550,000
RETAIL STORES
Est. value
$500,000
MEDICAL BUILDING
Est. value
$485,000
AUTO REPAIR, GARAGE
Est. value
$475,000
OFFICE BUILDING Current
NEIGHBORHOOD: SHOPPING CENTER
COMMERCIAL (GENERAL)
RETAIL STORES
MEDICAL BUILDING
AUTO REPAIR, GARAGE
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
1963
Heating
YES
Cooling
Yes
Stories
1
Units
2
Lot
0.15 ac
Current owner
From public records · entity-resolved
M & M Kellogg Properties LLC
Entity
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 9, 2024
$668,000
M & M Kellogg Properties LLC
Studio Properties LLC
Warranty Deed
$462,500 · Studio Properties LLC
Jun 3, 2019
—
Studio Properties Lc
—
Deed
related
$186,500 · Treynor State Bank
Nov 30, 2005
$280,000
Studio Properties LLC
Engle,marlyn R & Bonnie R
Warranty Deed
$224,382 · Nebraska State Bank Omaha
—
—
Marlyn R Engle
—
Deed Of Trust
related
$150,075 · Pinnacle Bank
—
—
Studio Properties LLC
—
Deed Of Trust
related
$291,792 · Mutual Of Omaha 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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