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Property profile & analytics
OFF-MARKET
Estimated value
$1,860,000
Office buildings
6457 Frances St 1 Omaha, NE 68106-2278
Entity Owned
15-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US57-0201675
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2011
Total area
9,552 SF
APN
933795002
UPID
US57-0201675
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
-
Eichmann Justin D Law Firm
-
Mullin Robert W Law Firm
-
Houghton Bradford Whitted PC, LLO Law Firm
-
Vital Healthcare Staffing Inc DBA Magnet Medical Employment Agency
-
DLR Group Architecture Firm Design Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$2.15M
Comparable Approach
Comparable
$2.05M
Blend (final)
Blend
$1.86M
Owner & transaction history
Dlrrei LLC · 15 yrs held
Dlrrei LLC
since 2011
3 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$1.8M
+28.0%
Retail stores
$1.5M
+7.1%
Medical building
$1.4M
+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%
$2,320,000
6.5%
$2,145,000
7%
$1,990,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,395,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$1,785,000
Change: +28% · Conversion: Difficult
RETAIL STORES
$1,495,000
Change: +7% · Conversion: Moderate
MEDICAL BUILDING
$1,445,000
Change: +4% · Conversion: Easy
AUTO REPAIR, GARAGE
$1,420,000
Change: +2% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,340,000
Change: -4% · Conversion: Easy
Blend value · Realmo final
$1.86M
Range $1.67M – $2.05M · ±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
$195 / 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
$35,717
Tax year 2023
Assessed value
$1,692,900
Assessed 2023
Previous assessed
$1,692,900
+0.0% YoY
Effective rate
2.11%
On assessed value
Assessed land
$80,400
Assessed improvement
$1,612,500
Land market value
$80,400
Improvement market value
$1,612,500
Total market value
$1,692,900
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
2011
Heating
YES
Cooling
YES
Stories
3
Units
2
Total area
9,552 SF
APN
933795002
UPID
US57-0201675
Jurisdiction
DOUGLAS
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$1.4M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.8M
RETAIL STORES
Est. value
$1.5M
MEDICAL BUILDING
Est. value
$1.4M
AUTO REPAIR, GARAGE
Est. value
$1.4M
COMMERCIAL (GENERAL)
Est. value
$1.3M
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
2011
Heating
YES
Cooling
Yes
Stories
3
Units
2
Current owner
From public records · entity-resolved
Dlrrei LLC
Entity
Mailing address
9553 EVERGLADES DR, NAPLES, FL 34120-1992
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2011
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
Jul 15, 2011
$7,550,000
Dlrrei LLC
Dlr Group Investments INC
Warranty Deed
related
$7,550,000 · Dlr Group Investments INC
Jan 8, 2009
$850,000
Dlr Group Investments INC
Noddle Av5 LLC
Grant Deed
—
—
—
D 2 Legacy LLC
—
Deed Of Trust
related
$500,000 · Great Western 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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