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Property profile & analytics
OFF-MARKET
Estimated value
$500,000
Office buildings
5050 Ames Ave Omaha, NE 68104-2323
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US57-0350742
Property summary
AI-generated overview
This single-story, 17,070 square foot retail strip center, located at 5050 Ames Ave in Omaha, Nebraska (zip code 68104), presents a compelling investment opportunity. Built in 1988, the property boasts excellent visibility on Ames Avenue, near the intersection of 50th & Ames. The center is zoned CC-MCC and is situated in Douglas County. Currently, the property features two suites, with one suite totaling 2,520 square feet currently vacant. The total building size is 17,070 square feet. This presents a unique chance to acquire a well-located retail property with immediate income potential and the possibility of leasing the vacant space. The property's location offers convenient access to major thoroughfares and a strong customer base. The existing tenant(s) occupy a combined 14,550 square feet. This property is ideal for investors seeking a stable income stream with potential for future growth. The property's single-story design and ample parking provide convenience for both tenants and customers. Serious inquiries are encouraged to explore this promising investment opportunity further.
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1997
Total area
7,920 SF
Lot
0.5 ac (21,825 SF)
APN
1842398042
UPID
US57-0350742
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
-
University of Nebraska University
-
Hollins Susan C MD Pediatrician Medical Clinic
-
Dr. William H. Hay, MD Physician
-
Nebraska State-Uma Bakers State Government Office
-
Andrea Jones Pediatrician Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$485k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$500k
Owner & transaction history
Baker Place LLC · 4 yrs held
Baker Place LLC
since 2022
Last sale
$500,000
2 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
$520,000
ML approach
$485,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$500k
Range $450k – $550k · ±10% · vs last sale $500k (Jun 9 2022)
Last sale anchor
$500k
Jun 9 2022
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
$63 / 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
$12,406
Tax year 2023
Assessed value
$588,000
Assessed 2023
Previous assessed
$588,000
+0.0% YoY
Effective rate
2.11%
On assessed value
Assessed land
$87,300
Assessed improvement
$500,700
Land market value
$87,300
Improvement market value
$500,700
Total market value
$588,000
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
1997
Heating
PACKAGE
Cooling
AC.PACKAGE
Stories
1
Units
1
Total area
7,920 SF
Lot
0.5 ac (21,825 SF)
APN
1842398042
UPID
US57-0350742
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
1997
Heating
PACKAGE
Cooling
Yes
Stories
1
Units
1
Lot
0.5 ac
Current owner
From public records · entity-resolved
Baker Place LLC
Entity
Mailing address
2654 W CENTRAL PARK AVE APT #1, DAVENPORT, IA 52804-2565
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
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 9, 2022
$500,000
Baker Place LLC
Ames Ave Omaha LLC
Special Warranty Deed
$3,592,000 · Midamerica National Bank
Jun 5, 2019
$2,750,000
Ames Ave Omaha LLC
Pdm INC
Grant Deed
$900,000 · Dorazio Invs INC
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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