Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    5050 L St Omaha, NE 68117
    Back to Search
    Property profile & analytics

    5050 L St, Omaha, NE 68117

    View on Map
    • Medical Office Space
    Off-Market
    Property ID
    US57-0006348
    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

    • Family Dentistry At 50th & L: Parra John F DDS / Dental Office
    • Family Dentistry At 51st & L / Dental Office
    • L Street Family Dental / Dental Office
    • Gabrielle Braden / Dental Office
    • Dr. Thomas Beeson / Dental Office

    Property Details for 5050 L St

    Property type
    Medical Office Space

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Jan 16, 2026 — L Street Properties LLC — Deed · related $686k · Fifth Third Bank NA
    Aug 21, 2019 — Parra Properties LLC — Deed · related $726k · Charter W Bk
    Mar 30, 2017 — Parra Properties LLC — Deed · related $468k · Bank Of The West

    Description

    This exceptional free-standing medical/traditional office building at 5050 L Street in Omaha, Nebraska, presents a compelling investment opportunity. The single-story, 3,009 square foot building sits on a prominent location along a major thoroughfare, boasting excellent visibility and signage opportunities. With a permitted GI zoning classification, the property offers significant flexibility for a variety of uses. The building features ample natural light thanks to numerous windows, and provides convenient parking with 20 spaces available. The high traffic volume of 38,468 vehicles per day (VPD) at the 50th & L Street intersection ensures high exposure for your business. The asking price for this well-maintained property is $999,000. This is an ideal investment for those seeking a strong return in a desirable Omaha location. The property's strategic location and versatile zoning make it a highly attractive option for both medical and traditional office tenants. Don't miss this chance to acquire a prime commercial property in a thriving Omaha neighborhood.

    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
    -95.993239721275
    Latitude
    41.212588328453

    Comparable in this City

    • $2,000,000
      9,600 SF

      Modern Industrial Building with Expansion

      9,600 SF industrial building on 2.066 AC lot.
      5825 F St, Omaha, NE 68117
      View Details
    • $8,000,000

      Omaha Industrial Building for Sale

      59,680 SF industrial building with warehouse and office space.
      4808 G St, Omaha, NE 68117
      View Details
    • Contact for pricing
      59,680 SF

      Omaha Industrial Building for Sale

      59,680 SF industrial building with office and warehouse space.
      4808 G St, Omaha, NE 68117
      View Details
    • Contact for pricing
      1,848 SF

      Purpose-Built Duplex with ADU Potential

      Duplex with ADU potential, park access, and in-unit laundry.
      4814 Polk St, Omaha, NE 68117
      View Details
    • Contact for pricing
      22,139 SF

      Industrial Building with Outdoor Storage

      Prime industrial building with fenced storage and interstate access.
      5905-5921 F St, Omaha, NE 68117
      View Details

    Similar Nearby for Sale

    • $2,000,000
      9,600 SF

      Modern Industrial Building with Expansion

      9,600 SF industrial building on 2.066 AC lot.
      5825 F St, Omaha, NE 68117
      View Details
    • $8,000,000

      Omaha Industrial Building for Sale

      59,680 SF industrial building with warehouse and office space.
      4808 G St, Omaha, NE 68117
      View Details
    • Contact for pricing
      59,680 SF

      Omaha Industrial Building for Sale

      59,680 SF industrial building with office and warehouse space.
      4808 G St, Omaha, NE 68117
      View Details
    • Contact for pricing
      1,848 SF

      Purpose-Built Duplex with ADU Potential

      Duplex with ADU potential, park access, and in-unit laundry.
      4814 Polk St, Omaha, NE 68117
      View Details
    • Contact for pricing
      22,139 SF

      Industrial Building with Outdoor Storage

      Prime industrial building with fenced storage and interstate access.
      5905-5921 F St, Omaha, NE 68117
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Prime Commercial Land for Lease

      High-traffic commercial land available at 48th & L Streets.
      4827 L St, Omaha, NE 68117
      View Details
    • Contact for pricing

      Ground Lease Opportunity Available

      Commercial land available for ground lease.
      4871 L St, Omaha, NE 68117
      View Details
    • Contact for pricing
      2,400 SF

      Industrial Space with Storefront

      Well-maintained industrial property with storefront, drive-in doors, and signage.
      5330-5368 F St, Omaha, NE 68117
      View Details
    • Contact for pricing
      2,652 SF

      Warehouse Space with Dock Access

      2,652 SF warehouse space with dock and drive-in access.
      4502 F St, Omaha, NE 68117
      View Details
    • Contact for pricing
      2,691 SF

      Heated and Cooled Warehouse Space

      Warehouse space with interstate access in Spring Valley industrial park.
      5810 F St, Omaha, NE 68117
      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.
    5050 L St
    Omaha, NE 68117
    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
    5050 L St, Omaha, NE, 68117
    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!