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Property profile & analytics
OFF-MARKET
Estimated value
$680,000
Medical Office Space
5200 91st Ave Omaha, NE 68134-2749
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US57-0132150
Property profile
Verified
Property type
Medical Office Space
Use group
DENTAL BUILDING
Year built
1973
Total area
4,000 SF
Lot
1.83 ac (79,715 SF)
Zoning code
LO
APN
1444150002
UPID
US57-0132150
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
-
Northwest Dental Associates Dental Office
-
Daniel Byrd, DDS Dental Office
-
Connor Libby Dental Office
-
Dr. Daniel Flynn Dental Office
-
Benjamin Wachholtz, DDS Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$680k
CAP Approach
CAP
$835k
Comparable Approach
Comparable
$549k
Blend (final)
Blend
$680k
Owner & transaction history
Northwest Building LLC · 3 yrs held
Northwest Building LLC
since 2023
Last sale
$750,000
4 recorded transactions
Zoning & alternative use
LO · Omaha, NE
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The LO limited office district is intended to provide office locations generally serving neighborhood or community needs. The LO district may be located adjacent to or within residential areas and is designed to be compatible in scale and land use intensity with residential setting
Zone name
Limited Office District
General category
COMMERCIAL
Zone area
105.35 ac
Source
Realmo
Top alternative use upside
Neighborhood: shopping center
$745,000
+23.7%
Retail stores
$625,000
+3.5%
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
$680,000
CAP Approach
CAP Return
Estimation
6%
$900,000
6.5%
$835,000
7%
$775,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$605,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$745,000
Change: +24% · Conversion: Difficult
RETAIL STORES
$625,000
Change: +3% · Conversion: Difficult
AUTO REPAIR, GARAGE
$595,000
Change: -2% · Conversion: Difficult
OFFICE BUILDING
$585,000
Change: -3% · Conversion: Easy
COMMERCIAL (GENERAL)
$560,000
Change: -7% · Conversion: Easy
Blend value · Realmo final
$680k
Range $612k – $748k · ±10% · vs last sale $750k (Mar 30 2025)
Last sale anchor
$750k
Mar 30 2025
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
$170 / 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
$11,503
Tax year 2023
Assessed value
$545,200
Assessed 2023
Previous assessed
$545,200
+0.0% YoY
Effective rate
2.11%
On assessed value
Assessed land
$290,100
Assessed improvement
$255,100
Land market value
$290,100
Improvement market value
$255,100
Total market value
$545,200
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
Medical Office Space
Use group
DENTAL BUILDING
Status
Off-Market
Year built
1973
Heating
YES
Cooling
YES
Stories
1
Units
1
Total area
4,000 SF
Lot
1.83 ac (79,715 SF)
Zoning code
LO
APN
1444150002
UPID
US57-0132150
Jurisdiction
DOUGLAS
Zoning & alternative use
LO · Omaha, NEZoning LO · permitted uses
LO · Omaha, NE
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The LO limited office district is intended to provide office locations generally serving neighborhood or community needs. The LO district may be located adjacent to or within residential areas and is designed to be compatible in scale and land use intensity with residential setting
Zone name
Limited Office District
General category
COMMERCIAL
Zone area
105.35 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$605,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$745,000
RETAIL STORES
Est. value
$625,000
AUTO REPAIR, GARAGE
Est. value
$595,000
OFFICE BUILDING
Est. value
$585,000
COMMERCIAL (GENERAL)
Est. value
$560,000
MEDICAL BUILDING Current
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
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
1973
Heating
YES
Cooling
Yes
Stories
1
Units
1
Lot
1.83 ac
Current owner
From public records · entity-resolved
Northwest Building LLC
Entity
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 27, 2023
$675,000
Northwest Building LLC
Daniel K Byrd
Deed
$650,000 · First Dakota National Bank
Apr 17, 2013
—
Byrd,daniel K Trust
Byrd,daniel K
Quit Claim Deed
related
—
Jul 14, 2004
—
Daniel K Byrd
Byrd,melinda
Quit Claim Deed
related
—
—
—
Daniel K Byrd
—
Deed Of Trust
related
$395,000 · Tierone 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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