Property profile

5250 21st St Omaha, NE 68107

OFF-MARKET
Investment properties
Property ID
US57-1192212
2,640 SF 0.07 ac lot Built 1890
Entity Owned 1-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional mixed-use property at 5250 S 21st St, Omaha, NE 68107, presents a unique investment opportunity. The 2,640 square foot building, constructed in 1890, sits on a 0.06-acre lot and is zoned GC. The property features three units: a ground floor retail space and two upper-level apartments. The main floor retail space offers a blank canvas, boasting an open floor plan and two bathrooms, perfect for a variety of retail ventures. The two second-floor apartments are currently under construction, in the framing stage, but include brand new HVAC systems (installed 2023), and new plumbing for kitchens and bathrooms. All units benefit from new windows (installed 2023) and are separately metered for OPPD and MUD utilities. Currently, all units are vacant, providing immediate potential for rental income. This historic building offers a blend of character and modern updates, making it an attractive proposition for investors seeking a versatile property in a desirable Omaha location. The net rentable area is 1,320 square feet, spread across the one, two-story building. This property is ready for an owner-operator to add their personal touch and maximize its income potential.

Property profile

Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1890
Total area 2,640 SF
Lot 0.07 ac (3,000 SF)
APN 727700000
UPID US57-1192212

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

5250 21st St Omaha, NE 68107-2839
Omaha metro Census 2800 OMAHA-COUNCIL BLUFFS, NE-IA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$270k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$270k

Owner & transaction history

since 2024
7 recorded transactions
2024
$238,000
2023
Price N/A
2023
Price N/A
2023
$166,000
2022
$185,000
2016
$73,000
2006
$91,666

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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