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Property profile & analytics
FOR LEASE
Strip malls
5645 N 90Th St Omaha, NE 68134
Entity Owned
7-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US57-0117384
For Lease
1 / 3
$5,510,000
5645 N 90Th St, Omaha, NE 68134
View Listing →
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1974
Total area
39,536 SF
Lot
17.99 ac (783,644 SF)
Zoning code
CC
APN
2015163000
UPID
US57-0117384
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
-
Debt Hero Omaha: Debt Counseling Counselor Credit Counseling Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$5.51M
Owner & transaction history
Plaza North Station LLC · 7 yrs held
Plaza North Station LLC
since 2019
5 recorded transactions
Zoning & alternative use
CC · Omaha, NE
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
This community commercial district is intended for commercial facilities which serve the needs of several neighborhoods. Allowed commercial and office uses are generally compatible with nearby residential areas
Zone name
Community Commercial District
General category
COMMERCIAL
Zone area
2,464.67 ac
Source
Realmo
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
NEIGHBORHOOD: SHOPPING CENTER
$7,385,000
Current use
RETAIL STORES
$6,180,000
Change: -16% · Conversion: Easy
MEDICAL BUILDING
$5,970,000
Change: -19% · Conversion: Difficult
Blend value · Realmo final
$5.51M
Range $4.96M – $6.06M · ±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
$139 / 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
$9,846,400
Assessed 2023
Previous assessed
$9,846,400
+0.0% YoY
Assessed land
$2,621,800
Assessed improvement
$7,224,600
Land market value
$2,621,800
Improvement market value
$7,224,600
Total market value
$9,846,400
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
For Lease
Year built
1974
Heating
PACKAGE
Cooling
AC.PACKAGE
Buildings
3
Stories
1
Units
10
Total area
39,536 SF
Lot
17.99 ac (783,644 SF)
Zoning code
CC
APN
2015163000
UPID
US57-0117384
Jurisdiction
DOUGLAS
Zoning & alternative use
CC · Omaha, NEZoning CC · permitted uses
CC · Omaha, NE
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
This community commercial district is intended for commercial facilities which serve the needs of several neighborhoods. Allowed commercial and office uses are generally compatible with nearby residential areas
Zone name
Community Commercial District
General category
COMMERCIAL
Zone area
2,464.67 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$7.4M
RETAIL STORES
Est. value
$6.2M
MEDICAL BUILDING
Est. value
$6.0M
NEIGHBORHOOD: SHOPPING CENTER Current
RETAIL STORES
MEDICAL BUILDING
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
1974
Heating
PACKAGE
Cooling
Yes
Stories
1
Buildings
3
Units
10
Lot
17.99 ac
Current owner
From public records · entity-resolved
Plaza North Station LLC
Entity
Mailing address
8827 W SAM HOUSTON PKWY N STE #200, HOUSTON, TX 77040-5383
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 13, 2019
—
Plaza North Station LLC
—
Loan Modification
related
$50,904,354 · Aareal Cap
Aug 3, 2016
—
Plaza North Station LLC
—
Deed
related
$65,899,075 · Aareal Cap
Apr 10, 2013
—
Plaza North Station LLC
—
Loan Modification
related
$84,000,000 · Bank Of America
—
—
Plaza North Station LLC
—
Deed Of Trust
related
$117,000,000 · Aareal Cap
—
—
Plaza North Station LLC
—
Loan Modification
related
$65,899,075 · Aareal Cap
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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