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Property profile & analytics

5083 136th St Omaha, NE 68137-1646

  • Bars
  • 5,700 SF
  • 0.21 lot acres
OFF-MARKET
Value Estimation
$685,000
Last Sale
May 19, 2022
$715,000
Location Intelligence
Property ID
US57-0136199
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.

Current Use by Public Records

  • ATM / Atm

Property Details for 5083 136th St

Year built
1974
Lot size
0.21 lot acres
Property size
5,700 SF
Property type
Bars
Property subtype
Pubs
APN
1747060000
APU
1747060000

Description

This exceptional 5,700 square foot retail property, located at 5083 & 5117 S 136th Street in Omaha, Nebraska's desirable Millard submarket, presents a unique investment opportunity. Situated on a 0.69-acre lot, this single-tenant building boasts ample parking with 50 spaces, ensuring convenient access for patrons. Originally constructed in 1974, the property underwent a complete renovation in 2023, resulting in a modern and updated space ideal for a variety of restaurant or bar concepts. The building's single-story design offers efficient layout and functionality. Its location within Douglas County provides easy access to major transportation routes and a thriving local community. The property's previous use as a VFW building offers a unique history and potential for creative repurposing. This turnkey opportunity is perfect for an owner-operator or investor seeking a high-visibility location in a strong market. The property's size and ample parking make it an attractive option for businesses seeking a substantial footprint. The recent renovation ensures the building is in excellent condition, minimizing upfront capital expenditures. This is a rare chance to acquire a well-located, renovated commercial property in a sought-after Omaha neighborhood.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $700,000
  • CAP approach

    CAP return
    Estimation
    6%
    $660,000
    6.5%
    $745,000
    7%
    $655,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $690,000
    Geo Method
    $635,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $695,000
    Retail
    $660,000
    Mixed-Use
    $665,000
    Hospitality
    $570,000
    Educational
    $555,000
    Residential Income
    $650,000
    Energy
    $675,000
    Income-Based Land
    $595,000
    Food Service
    $735,000

Location Insight

  • Map
  • Local Demand
City
Omaha
County
Douglas
State
Nebraska
Longitude
-96.1218
Latitude
41.206
CBSA code
36540
CBSA name
OMAHA-COUNCIL BLUFFS, NE-IA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$8,023
$107,000
$296,000
$403,000
-
$107,000
$296,000
$403,000
More about this property
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