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Property profile & analytics
OFF-MARKET
Manufacturing properties
621 Pacific St Omaha, NE 68108-3307
Entity Owned
20-yr Hold
~
Est. High Equity
Property ID
US57-1176849
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1875
Total area
6,498 SF
Lot
0.15 ac (6,561 SF)
Zoning code
HI
APN
321210001
UPID
US57-1176849
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
-
Orsi's Italian Bakery & Pizzeria Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Oib 1919 INC · 20 yrs held
Oib 1919 INC
since 2006
3 recorded transactions
Zoning & alternative use
HI · Omaha, NE
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The HI heavy industrial district is intended to accommodate industrial uses with major external effects. These uses characteristically have operating characteristics and environmental effects that make them incompatible with surrounding uses
Zone name
Heavy Industrial District
General category
INDUSTRIAL
Zone area
1,593.71 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$171,900
Assessed 2023
Previous assessed
$171,900
+0.0% YoY
Assessed land
$31,500
Assessed improvement
$140,400
Land market value
$31,500
Improvement market value
$140,400
Total market value
$171,900
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1875
Heating
YES
Cooling
YES
Stories
1
Units
1
Total area
6,498 SF
Lot
0.15 ac (6,561 SF)
Zoning code
HI
APN
321210001
UPID
US57-1176849
Jurisdiction
DOUGLAS
Zoning & alternative use
HI · Omaha, NEZoning HI · permitted uses
HI · Omaha, NE
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The HI heavy industrial district is intended to accommodate industrial uses with major external effects. These uses characteristically have operating characteristics and environmental effects that make them incompatible with surrounding uses
Zone name
Heavy Industrial District
General category
INDUSTRIAL
Zone area
1,593.71 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1875
Heating
YES
Cooling
Yes
Stories
1
Units
1
Lot
0.15 ac
Current owner
From public records · entity-resolved
Oib 1919 INC
Entity
Mailing address
621 PACIFIC ST, OMAHA, NE 68108-3307
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2006
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 17, 2023
—
Oib 1919 INC
—
Deed
related
$100,000 · First State Bank
Jun 13, 2006
$171,000
Oib 1919 INC
Orsl,nicholas P & Alfonso R
Warranty Deed
—
—
—
Oib 1919 INC
—
Deed Of Trust
related
$410,000 · First State 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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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