Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$790,000
Manufacturing properties
6929 16th St Omaha, NE 68112-3456
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US57-1116047
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1989
Total area
23,280 SF
Lot
2.64 ac (114,998 SF)
Zoning code
GI
APN
2339030007
UPID
US57-1116047
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$790k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$584k
Blend (final)
Blend
$790k
Owner & transaction history
Gravity Industries INC · 2 yrs held
Gravity Industries INC
since 2024
Last sale
$790,000
7 recorded transactions
Zoning & alternative use
GI · Omaha, NE
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The GI General Industrial District is intended to accommodate a variety of commercial and industrial uses with moderate external effects. The GI district provides for conditional approval of uses with more significant effects that can be controlled through specific requirements
Zone name
General Industrial District
General category
INDUSTRIAL
Zone area
6,563.33 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
$790,000
ML approach
$790,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$790k
Range $711k – $869k · ±10% · vs last sale $790k (Mar 6 2024)
Last sale anchor
$790k
Mar 6 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
$34 / 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
$21,294
Tax year 2023
Assessed value
$1,009,300
Assessed 2023
Previous assessed
$1,009,300
+0.0% YoY
Effective rate
2.11%
On assessed value
Assessed land
$115,000
Assessed improvement
$894,300
Land market value
$115,000
Improvement market value
$894,300
Total market value
$1,009,300
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
1989
Heating
YES
Cooling
YES
Stories
1
Units
1
Total area
23,280 SF
Lot
2.64 ac (114,998 SF)
Zoning code
GI
APN
2339030007
UPID
US57-1116047
Jurisdiction
DOUGLAS
Zoning & alternative use
GI · Omaha, NEZoning GI · permitted uses
GI · Omaha, NE
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The GI General Industrial District is intended to accommodate a variety of commercial and industrial uses with moderate external effects. The GI district provides for conditional approval of uses with more significant effects that can be controlled through specific requirements
Zone name
General Industrial District
General category
INDUSTRIAL
Zone area
6,563.33 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1989
Heating
YES
Cooling
Yes
Stories
1
Units
1
Lot
2.64 ac
Current owner
From public records · entity-resolved
Gravity Industries INC
Entity
Mailing address
7031 N 16TH ST, OMAHA, NE 68112-3450
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 6, 2024
—
Gravity Industries INC
Dtm Wood LLC
Quit Claim Deed
related
—
Jan 14, 2020
—
Dtm Wood LLC
—
Deed
related
$375,000 · Central Nat'l Bk
Feb 11, 2019
—
Dtm Wood LLC
—
Grant Deed
related
$2,440,000 · Central Nat'l Bk
Jul 27, 2016
—
Dtm Wood LLC
—
Deed
related
$2,566,200 · Mutual/omaha Bk
Apr 16, 2013
$790,000
Gravity Industries INC
Wear Ents INC
Warranty Deed
$1,400,000 · Mutual Of Omaha Bank
—
—
Dtm Wood LLC
—
Loan Modification
related
$2,566,200 · Mutual/omaha Bk
—
—
Dtm Wood LLC
—
Deed Of Trust
related
$375,000 · Central Nat'l Bk
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?”
You own 6929 16th St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
