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    Property profile & analytics

    7605 Cass St Omaha, NE 68114-3623

    • Turn key restaurants
    • 6,224 SF
    • 1.52 lot acres
    OFF-MARKET
    Value Estimation
    $1,855,000
    Last Sale
    Nov 16, 2021
    $1,650,000
    Location Intelligence
    Property ID
    US57-0017720
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Outback Steakhouse / Gluten-Free Restaurant / Takeout Restaurant

    Property Details for 7605 Cass St

    Year built
    1994
    Lot size
    1.52 lot acres
    Property size
    6,224 SF
    Property type
    Turn key restaurants
    APN
    745210002
    APU
    745210002

    Description

    This exceptional free-standing retail building, located at 7605 Cass Street (76th & Cass Streets intersection) in Omaha, Nebraska (zip code 68114), offers a substantial 6,224 square feet of space on a generous 66,450 square foot lot. Currently vacant, this single-tenant property presents a unique opportunity for a restaurant or similar business. The building's size and prominent location provide excellent visibility and accessibility. The property is situated in Douglas County and benefits from ample parking, with an estimated ratio of approximately 19 spaces per 1,000 square feet. The lease rate is $23.00 per square foot, triple net (NNN). This property is ideal for a business seeking a high-profile location with significant space and parking in a thriving Omaha neighborhood. The address is easily accessible and highly visible, making it an attractive option for businesses seeking strong brand recognition and customer traffic. The large lot size offers potential for future expansion or outdoor seating, further enhancing the property's appeal. This is a rare opportunity to secure a prime retail space in a desirable Omaha location.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $1,920,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,750,000
      6.5%
      $1,625,000
      7%
      $1,540,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,780,000
      Geo Method
      $1,585,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,435,000
      Retail
      $1,805,000
      Mixed-Use
      $1,440,000
      Hospitality
      $1,555,000
      Educational
      $1,425,000
      Residential Income
      $1,825,000
      Energy
      $1,765,000
      Income-Based Land
      $1,720,000
      Food Service
      $1,835,000

    Location Insight

    • Map
    • Local Demand
    City
    Omaha
    County
    Douglas
    State
    Nebraska
    Longitude
    -96.0318
    Latitude
    41.2628
    CBSA code
    36540
    CBSA name
    OMAHA-COUNCIL BLUFFS, NE-IA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $30,791
    $1,162,900
    $346,800
    $1,509,700
    -
    $1,162,900
    $346,800
    $1,509,700

    Comparable in this City

    • Value Estimation by Request
      6,137 SF

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      11,152 SF

      7505 Dodge St

      RESTAURANT • 11,152 SF
      7505 Dodge St, Omaha, NE 68114-3632
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      6,814 SF

      330 72nd St

      RESTAURANT • 6,814 SF
      330 72nd St, Omaha, NE 68114-4606
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    • Value Estimation
      $7,750,000
      39,775 SF

      908 102nd St

      RESTAURANT • 39,775 SF
      908 102nd St, Omaha, NE 68114-2154
      View Details
    • Value Estimation
      $1,050,000
      3,303 SF

      7640 Dodge St

      DRIVE-THRU RESTAURANT, FAST FOOD • 3,303 SF
      7640 Dodge St, Omaha, NE 68114-3635
      View Details
    • Value Estimation
      $1,450,000
      2,688 SF

      8412 Dodge Rd

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,688 SF
      8412 Dodge Rd, Omaha, NE 68114-3402
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      60,799 SF

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      Omaha Office Space For Sale

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    Similar Nearby for Lease

    • $21 SF/Yr
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      Restaurant space with complete kitchen infrastructure in established shopping center.
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      Prime Omaha restaurant space available. High traffic, established center.
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    • $12 SF/Yr

      Restaurant Space in One Pacific Place

      Restaurant space for lease in high-traffic shopping center.
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    • $35 SF/Yr
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      Retail Space on Pacific Street

      Retail space available for lease on Pacific Street.
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      Prime Retail/Office Space Available

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      View Details
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    7605 Cass St
    Omaha, NE 68114-3623
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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