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Property profile & analytics
OFF-MARKET
Estimated value
$780,000
Assisted living facilities
7337 Hickory St Omaha, NE 68124-1677
Entity Owned
17-yr Hold
~
Est. High Equity
Property ID
US57-1116372
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
1998
Total area
21,592 SF
Lot
1.67 ac (72,745 SF)
Zoning code
GO
APN
1739821510
UPID
US57-1116372
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
-
Cottage Nursing Home Retirement Community
-
Bickford of Omaha Hickory Nursing Home Retirement Community
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$695k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$866k
Blend (final)
Blend
$780k
Owner & transaction history
Care Ybe Subsidiary LLC · 17 yrs held
Care Ybe Subsidiary LLC
since 2008
3 recorded transactions
Zoning & alternative use
GO · Omaha, NE
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The GO general office district is intended to provide office locations serving community and city-wide needs. The GO district allows for relatively intense office development, together with selected complementary commercial uses integrated into such developments
Zone name
General Office District
General category
COMMERCIAL
Zone area
622.77 ac
Source
Realmo
Top alternative use upside
Warehouse, storage
$1.2M
+67.2%
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
$695,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
HOMES (RETIRED, HANDICAP, REST, CONVALESCENT, NURSING)
$700,000
Current use
WAREHOUSE, STORAGE
$1,175,000
Change: +67% · Conversion: Difficult
Blend value · Realmo final
$780k
Range $702k – $858k · ±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
$36 / 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
$59,983
Tax year 2023
Assessed value
$2,941,000
Assessed 2023
Previous assessed
$2,941,000
+0.0% YoY
Effective rate
2.04%
On assessed value
Assessed land
$438,500
Assessed improvement
$2,502,500
Land market value
$438,500
Improvement market value
$2,502,500
Total market value
$2,941,000
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
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Status
Off-Market
Year built
1998
Heating
HEAT PUMP
Stories
1
Units
44
Rooms
37
Total area
21,592 SF
Lot
1.67 ac (72,745 SF)
Zoning code
GO
APN
1739821510
UPID
US57-1116372
Jurisdiction
DOUGLAS
Zoning & alternative use
GO · Omaha, NEZoning GO · permitted uses
GO · Omaha, NE
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The GO general office district is intended to provide office locations serving community and city-wide needs. The GO district allows for relatively intense office development, together with selected complementary commercial uses integrated into such developments
Zone name
General Office District
General category
COMMERCIAL
Zone area
622.77 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
HOMES (RETIRED, HANDICAP, REST, CONVALESCENT, NURSING) Current
Est. value
$700,000
WAREHOUSE, STORAGE
Est. value
$1.2M
HOMES (RETIRED, HANDICAP, REST, CONVALESCENT, NURSING) Current
WAREHOUSE, STORAGE
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
1998
Heating
HEAT PUMP
Stories
1
Units
44
Rooms
37
Lot
1.67 ac
Current owner
From public records · entity-resolved
Care Ybe Subsidiary LLC
Entity
Mailing address
1717 MAIN ST STE #900, DALLAS, TX 75201-4687
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2008
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
Oct 7, 2008
$4,884
Care Ybe Subsidiary LLC
Omaha II Bickford Cottage LLC
Deed Of Trust
related
$7,638,400 · Red Mortgage Capital INC
—
—
Care Ybe Subsidiary LLC
—
Deed Of Trust
related
$2,455,000 · Keybank USA
—
—
Care Ybe Subsidiary LLC
—
Loan Modification
related
$74,589,000 · Federal National Mortgage Assn
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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