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Property profile & analytics
OFF-MARKET
Estimated value
$9,695,000
Grocery and convenience stores
5150 Ctr St Omaha, NE 68106-3113
Entity Owned
12-yr Hold
Absentee Owner
Free & Clear
Property ID
US57-0019431
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
2005
Total area
64,737 SF
Lot
7.2 ac (313,632 SF)
APN
2530390005
UPID
US57-0019431
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
-
Hy-Vee Pharmacy Pharmacy
-
Starbucks Cafe & Coffee Shop
-
FNBO Bank Loan Service
-
Hy-Vee Bakery Bakery Specialty Food Shop
-
Hy-Vee Catering Take-out & Catering Catering Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$12.05M
Comparable Approach
Comparable
$10.40M
Blend (final)
Blend
$9.70M
Owner & transaction history
Hurd Quality II LLC · 12 yrs held
Hurd Quality II LLC
since 2014
6 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$12.1M
+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%
$13,050,000
6.5%
$12,045,000
7%
$11,185,000
Alternative Use
Use
Estimation
RETAIL STORES
$10,115,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$12,095,000
Change: +20% · Conversion: Moderate
MEDICAL BUILDING
$9,775,000
Change: -3% · Conversion: Difficult
AUTO REPAIR, GARAGE
$9,605,000
Change: -5% · Conversion: Difficult
OFFICE BUILDING
$9,445,000
Change: -7% · Conversion: Easy
COMMERCIAL (GENERAL)
$9,070,000
Change: -10% · Conversion: Easy
Blend value · Realmo final
$9.70M
Range $8.73M – $10.66M · ±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
$150 / 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 2022Property tax & assessments
Tax year 2022
Assessed value
$5,893,800
Assessed 2023
Previous assessed
$5,893,800
+0.0% YoY
Assessed land
$997,400
Assessed improvement
$4,896,400
Land market value
$997,400
Improvement market value
$4,896,400
Total market value
$5,893,800
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
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Status
Off-Market
Year built
2005
Heating
PACKAGE
Cooling
AC.PACKAGE
Buildings
2
Stories
1
Total area
64,737 SF
Lot
7.2 ac (313,632 SF)
APN
2530390005
UPID
US57-0019431
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
$10.1M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$12.1M
MEDICAL BUILDING
Est. value
$9.8M
AUTO REPAIR, GARAGE
Est. value
$9.6M
OFFICE BUILDING
Est. value
$9.4M
COMMERCIAL (GENERAL)
Est. value
$9.1M
RETAIL STORES Current
NEIGHBORHOOD: SHOPPING CENTER
MEDICAL BUILDING
AUTO REPAIR, GARAGE
OFFICE BUILDING
COMMERCIAL (GENERAL)
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
2005
Heating
PACKAGE
Cooling
Yes
Stories
1
Buildings
2
Lot
7.2 ac
Current owner
From public records · entity-resolved
Hurd Quality II LLC
Entity
Free & Clear · 12 yrs held
Mailing address
5820 WESTOWN PKWY, WEST DES MOINES, IA 50266-8223
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 28, 2019
—
Hurd Quality II LLC
—
Deed
related
$25,000 · Bakers Trust Co
Feb 24, 2014
$12,752,000
Hurd Quality II LLC
Hv Omaha LLC
Grant Deed
—
Jul 16, 2007
$1,387,000
Melissa Omaha LLC
Hv Omaha LLC
Quit Claim Deed
related
—
Aug 24, 2006
$13,130,000
Hy Omaha LLC
Hy-vee INC
Grant Deed
$9,847,254 · Principal Com'l Fndg
Sep 20, 2004
—
Hy-vee INC
First Midwest Properties INC
Warranty Deed
related
—
—
—
Hurd Quality II LLC
—
Deed Of Trust
related
$10,904,000 · Bankers Tr
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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