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Property profile & analytics
OFF-MARKET
Estimated value
$790,000
Office buildings
5255 129th St, Omaha, NE 68164-1776
Individually Owned
Free & Clear
Property ID
US57-1140898
Property summary
AI-generated overview
This exceptional office space, located at 5247-49 N 129th Street in Omaha, Nebraska, offers 1,550 square feet of immediately available space in a traditional office building. The property is situated on a 0.77-acre lot and boasts a convenient location near the intersection of 129th and Fort Streets, providing easy access to Interstate 680. The building's total square footage is 6,959 square feet, with a minimum divisible space of 1,550 square feet. The maximum contiguous space available is also 1,550 square feet, making it ideal for a single tenant or a smaller business. Currently, 1,500 square feet are vacant and ready for immediate occupancy. The property is zoned CC and is classified as a multi-tenant building. This second-generation space presents a fantastic opportunity for businesses seeking a well-located and functional office environment in Omaha. The address is 5255 N 129th St, Omaha, NE 68164. This listing is for 1,550 square feet.
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2003
Total area
6,959 SF
Lot
0.78 ac (33,927 SF)
Zoning code
CC
APN
1417595113
UPID
US57-1140898
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
-
Accounting Inc Accounting Firm Tax Preparation
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$856k
Blend (final)
Blend
$790k
Owner & transaction history
LEDENE PEARSON
LEDENE PEARSON
Zoning & alternative use
CC · Omaha, NE
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$1.3M
+28.0%
Retail stores
$1.1M
+7.1%
Medical building
$1.1M
+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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,015,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$1,300,000
Change: +28% · Conversion: Difficult
RETAIL STORES
$1,085,000
Change: +7% · Conversion: Moderate
MEDICAL BUILDING
$1,050,000
Change: +4% · Conversion: Easy
AUTO REPAIR, GARAGE
$1,035,000
Change: +2% · Conversion: Difficult
COMMERCIAL (GENERAL)
$975,000
Change: -4% · Conversion: Easy
Blend value · Realmo final
$790k
Range $711k – $869k · ±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
$114 / 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
$595,000
Assessed 2023
Previous assessed
$595,000
+0.0% YoY
Assessed land
$100,000
Assessed improvement
$495,000
Land market value
$100,000
Improvement market value
$495,000
Total market value
$595,000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
2003
Heating
YES
Cooling
YES
Stories
1
Units
4
Total area
6,959 SF
Lot
0.78 ac (33,927 SF)
Zoning code
CC
APN
1417595113
UPID
US57-1140898
Jurisdiction
DOUGLAS
Zoning & alternative use
CC · Omaha, NE
Zoning CC · permitted uses
CC · Omaha, NE
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Omaha. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$1.0M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.3M
RETAIL STORES
Est. value
$1.1M
MEDICAL BUILDING
Est. value
$1.1M
AUTO REPAIR, GARAGE
Est. value
$1.0M
COMMERCIAL (GENERAL)
Est. value
$975,000
OFFICE BUILDING Current
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
MEDICAL BUILDING
AUTO REPAIR, GARAGE
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
2003
Heating
YES
Cooling
Yes
Stories
1
Units
4
Lot
0.78 ac
Current owner
From public records · entity-resolved
LEDENE PEARSON
Individual
Free & Clear · 0 yrs held
Mailing address
5255 N 129TH ST, OMAHA, NE 68164-1776
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
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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