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Property profile & analytics

5250 21st St Omaha, NE 68107-2839

  • Investment properties
  • 2,640 SF
  • 0.07 lot acres
OFF-MARKET
Value Estimation
$290,000
Last Sale
Oct 06, 2023
Location Intelligence
Property ID
US57-1192212
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

  • Investment properties

Property Details for 5250 21st St

Year built
1890
Lot size
0.07 lot acres
Property size
2,640 SF
Property type
Investment properties
Property subtype
Live-work space
APN
727700000
APU
727700000

Description

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.

Value Estimation

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

    CAP return
    Estimation
    Estimation
    $270,000
  • CAP approach

    CAP return
    Estimation
    6%
    $370,000
    6.5%
    $375,000
    7%
    $360,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $310,000
    Geo Method
    $310,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $415,000
    Retail
    $385,000
    Mixed-Use
    $425,000
    Hospitality
    $405,000
    Educational
    $325,000
    Residential Income
    $425,000
    Energy
    $375,000
    Income-Based Land
    $350,000
    Food Service
    $420,000

Location Insight

  • Map
  • Local Demand
City
Omaha
County
Douglas
State
Nebraska
Longitude
-95.9433
Latitude
41.2039
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
$2,627
$21,300
$103,200
$124,500
-
$21,300
$103,200
$124,500
More about this property
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