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Property profile & analytics
FOR LEASE
Investment properties
6700 Mercy Rd Omaha, NE 68106
Entity Owned
11-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US57-0407134
For Lease
1 / 2
$28 SF/Yr
6700 Mercy Rd, Omaha, NE 68106
View Listing →
Property profile
Verified
Property type
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Year built
2019
Total area
112,933 SF
Lot
1.23 ac (53,579 SF)
APN
501515075
UPID
US57-0407134
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
-
Chase Bank Bank Loan Service
-
Dowd & Corrigan, LLC Law Firm
-
Z 92 Rock Radio Station Telecommunications Service
-
Molycop USA Corporate Office
-
Right At Home Corporate Headquarters Home Health Care Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$8.61M
Blend (final)
Blend
$13.64M
Owner & transaction history
Zone 5 LLC · 11 yrs held
Zone 5 LLC
since 2014
2 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$21.1M
+33.4%
Retail stores
$17.6M
+11.5%
Medical building
$17.1M
+7.8%
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
COMMERCIAL (GENERAL)
$15,820,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$21,100,000
Change: +33% · Conversion: Difficult
RETAIL STORES
$17,645,000
Change: +12% · Conversion: Easy
MEDICAL BUILDING
$17,055,000
Change: +8% · Conversion: Easy
AUTO REPAIR, GARAGE
$16,760,000
Change: +6% · Conversion: Difficult
OFFICE BUILDING
$16,480,000
Change: +4% · Conversion: Easy
Blend value · Realmo final
$13.64M
Range $12.28M – $15.00M · ±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
$121 / 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
$438,640
Tax year 2023
Assessed value
$20,790,700
Assessed 2023
Previous assessed
$20,790,700
+0.0% YoY
Effective rate
2.11%
On assessed value
Assessed improvement
$20,790,700
Improvement market value
$20,790,700
Total market value
$20,790,700
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
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Status
For Lease
Year built
2019
Heating
RADIANT
Stories
5
Total area
112,933 SF
Lot
1.23 ac (53,579 SF)
APN
501515075
UPID
US57-0407134
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
COMMERCIAL (GENERAL) Current
Est. value
$15.8M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$21.1M
RETAIL STORES
Est. value
$17.6M
MEDICAL BUILDING
Est. value
$17.1M
AUTO REPAIR, GARAGE
Est. value
$16.8M
OFFICE BUILDING
Est. value
$16.5M
COMMERCIAL (GENERAL) Current
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
MEDICAL BUILDING
AUTO REPAIR, GARAGE
OFFICE 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
2019
Heating
RADIANT
Stories
5
Lot
1.23 ac
Current owner
From public records · entity-resolved
Zone 5 LLC
Entity
Mailing address
11550 I ST STE #200, OMAHA, NE 68137-1263
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 17, 2014
—
Zone 5 LLC
—
Deed Of Trust
related
$5,855,900 · First Nat'l Bk/omaha
Jan 12, 2012
—
Zone 5 LLC
—
Grant Deed
related
$1,426,836 · First Nat'l Bk/omaha
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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