5202 L St Omaha, NE 68117
Property profile & analytics
5202 L St Omaha, NE 68117
- Drive through restaurants
- 1,890 SF
- 0.54 lot acres
Property ID
US57-0537118
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.
Location Intelligence
Current Use by Public Records
- Jimmy John's / Take-out & Catering / Catering Service
Property Details for 5202 L St
- Year built
- 2014
- Lot size
- 0.54 lot acres
- Property size
- 1,890 SF
- Property type
- Drive through restaurants
- APN
- 1417022056
- APU
- 1417022056
Description
This exceptional retail property, located at 5202 L Street in Omaha, Nebraska, presents a compelling investment opportunity. The 1,890 square foot building, constructed and renovated in 2014, sits on a 0.54-acre lot and is zoned Community Commercial (CC-MCC). Currently vacant, it offers a strong potential for immediate income generation. The property benefits from a 10-year lease term, commencing June 7th, 2024, with two 5-year renewal options. Lease terms include a favorable Absolute NNN structure, ensuring minimal landlord responsibilities. Rent increases are structured with a 10% jump after the initial 5 years, followed by 2.5% annual increases thereafter. The property enjoys a prime location, boasting close proximity to Buena Vista High School and convenient access from L Street, just minutes from I-80. This is an ideal investment for those seeking a strong return with a long-term, secure lease. The asking price is $996,000, representing a compelling 6.50% capitalization rate. This property is part of a larger portfolio, but can be purchased individually.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $995,000
- ML approach
- $995,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $908,000
Market price range: $250k - $922k
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Omaha
- County
- Douglas
- State
- Nebraska
- Longitude
- -95.9959
- Latitude
- 41.2129
- 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
$11,081
$141,100
$384,100
$525,200
-
$141,100
$384,100
$525,200
