Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    5255 129Th St Omaha, NE 68164

    • Office buildings
    • 6,959 SF
    • 0.78 lot acres
    For Lease
    View listing
    $11 SF/Yr
    Value Estimations
    $270,000
    Cap Rate Potential
    Location Intelligence
    Property ID
    US57-1140898
    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

    • Accounting Inc / Accountant

    Property Details for 5255 129Th St

    Year built
    2003
    Lot size
    0.78 lot acres
    Property size
    6,959 SF
    Zone code
    CC
    Property type
    Office buildings
    APN
    1417595113
    APU
    1417595113

    Description

    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.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $270,000

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Omaha
    County
    Douglas
    State
    Nebraska
    Longitude
    -96.1146
    Latitude
    41.3059
    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
    2022
    $0.00
    $100,000
    $495,000
    $595,000
    -
    $100,000
    $495,000
    $595,000

    Comparable in this City

    • Value Estimation
      $640,000
      20,908 SF

      11420 Blondo St

      OFFICE BUILDING • 20,908 SF
      11420 Blondo St, Omaha, NE 68164-3857
      View Details
    • Value Estimation
      $335,000
      6,456 SF

      5323 134th Ave

      OFFICE BUILDING • 6,456 SF
      5323 134th Ave, Omaha, NE 68164-6302
      View Details
    • Value Estimation
      $870,000
      120,349 SF

      2121 117th Ave

      OFFICE BUILDING • 120,349 SF
      2121 117th Ave, Omaha, NE 68164-3629
      View Details
    • Value Estimation
      $635,000
      44,516 SF

      13220 Ft St

      OFFICE BUILDING • 44,516 SF
      13220 Ft St, Omaha, NE 68164-2463
      View Details
    • Value Estimation
      $1,675,000
      13,312 SF

      3904 138th St

      OFFICE BUILDING • 13,312 SF
      3904 138th St, Omaha, NE 68164-5009
      View Details
    • Value Estimation
      $695,000
      65,022 SF

      11819 Miami St

      OFFICE BUILDING • 65,022 SF
      11819 Miami St, Omaha, NE 68164-3687
      View Details

    Similar Nearby for Sale

    • $8,149,680
      58,212 SF

      Remodeled Office Building with Amenities

      Remodeled office building in North Park with modern amenities.
      2520 N 117Th Ave, Omaha, NE 68164
      View Details
    • $4,838,075
      66,275 SF

      Single Story Office Building

      Well-maintained office building with abundant natural light and convenient location.
      12110 Emmet St, Omaha, NE 68164
      View Details
    • Contact for pricing
      39,420 SF

      Office Building with Ample Parking

      Office building featuring private offices, conference rooms, and open space.
      10850 Emmet St, Omaha, NE 68164
      View Details
    • $3,500,000
      27,492 SF

      Versatile Event Center with Offices

      Event center with offices on a 4.6-acre lot.
      11830 Stonegate Dr, Omaha, NE 68164
      View Details
    • $11,856,500
      103,100 SF

      Omaha Executive Office Building

      103,100 SF, $115/SF, Updated
      2525 117Th Ave, Omaha, NE 68164
      View Details
    • $8,149,680
      58,212 SF

      Omaha Office Building: Prime Location

      58,212 SF Office, Owner/User Opportunity
      11808 Grant St, Omaha, NE 68164
      View Details

    Similar Nearby for Lease

    • $12 SF/Yr
      44,000 SF

      Omaha Executive Office Space

      Modern Office Suites, 4,950-22,000 SF Available
      11010 Burdette St, Omaha, NE 68164
      View Details
    • $10 SF/Yr
      22,772 SF

      Omaha Office Space for Lease

      Prime Omaha office, retail space available.
      12301 Maple Rd, Omaha, NE 68164
      View Details
    • $11 SF/Yr
      29,556 SF

      North Park Executive Office Suites

      Omaha Office Space: Move-in Ready
      2102 117Th Ave, Omaha, NE 68164
      View Details
    • $7 SF/Yr
      58,212 SF

      North Park I Office Space

      Omaha Office Building, 58,212 SF
      11808 Grant St, Omaha, NE 68164
      View Details
    • $12 SF/Yr
      65,707 SF

      Omaha Office Space: North Park 2

      Prime Omaha office space, 53,629 SF available.
      2301 117Th Ave, Omaha, NE 68164
      View Details
    • Contact for pricing
      92,000 SF

      Omaha Office Space Available

      92,000 SF Office Building, Flexible Suites
      0 125Th St, Omaha, NE 68164
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    5255 129Th St
    Omaha, NE 68164
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.