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Property profile & analytics
OFF-MARKET
Estimated value
$955,000
Drive through restaurants
5923 Ctr St, Omaha, NE 68106-3006
Individually Owned
2-yr Hold
~
Est. High Equity
Property ID
US57-0053352
Property profile
Verified
Property type
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Year built
1953
Total area
1,994 SF
Lot
0.37 ac (16,295 SF)
Zoning code
GC
APN
2432320002
UPID
US57-0053352
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
-
Scooter's Coffee Cafe & Coffee Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$955k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$590k
Blend (final)
Blend
$955k
Owner & transaction history
Patrick Sherman · 2 yrs held
Patrick Sherman
since 2024
Last sale
$956,000
5 recorded transactions
Zoning & alternative use
GC · Omaha, NE
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
$955,000
ML approach
$955,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$955k
Range $860k – $1.05M · ±10% · vs last sale $956k (Feb 2 2024)
Last sale anchor
$956k
Feb 2 2024
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
$479 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$5,150
Tax year 2023
Assessed value
$244,100
Assessed 2023
Previous assessed
$244,100
+0.0% YoY
Effective rate
2.11%
On assessed value
Assessed land
$81,500
Assessed improvement
$162,600
Land market value
$81,500
Improvement market value
$162,600
Total market value
$244,100
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
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Status
Off-Market
Year built
1953
Heating
YES
Cooling
YES
Stories
1
Units
1
Total area
1,994 SF
Lot
0.37 ac (16,295 SF)
Zoning code
GC
APN
2432320002
UPID
US57-0053352
Jurisdiction
DOUGLAS
Zoning & alternative use
GC · Omaha, NE
Zoning GC · permitted uses
GC · 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.
Building & site characteristics
From public records
Year built
1953
Heating
YES
Cooling
Yes
Stories
1
Units
1
Lot
0.37 ac
Current owner
From public records · entity-resolved
Patrick Sherman
Individual
Mailing address
25732 VIS VERDE DR, CALABASAS, CA 91302-2164
Ownership since
2024
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
Feb 2, 2024
$956,000
Patrick Sherman
Arc Holdings LLC
Special Warranty Deed
—
Aug 17, 2023
—
Arc Holdings LLC
—
Deed
related
$500,000 · Cs Bank
Jun 30, 2023
$500,000
Arc Holdings LLC
F & S Investments LLC
Warranty Deed
$500,000 · Cs Bank
Jul 2, 2009
$970
City Of Omaha Nebraska
F & S Investments LLC
Warranty Deed
related
—
—
—
F & S Investments LLC
—
Deed Of Trust
related
$120,000 · Northwest Bank
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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