Class B Office
For Sale
Contact for pricing
1010 N 96th St, Omaha, NE 68114
Private offices and open cubicle areas create a flexible workplace layout.
Property Size19,077 SF
Price / SF$151.49
Days on Market164
Property Features for 1010 N 96th St
General Information
Standard status
Active
Size
19,077 SF
Class
Class B
Property subtype
OFFICE
Occupancy
49%
Site & Location
Neighborhood
One Omaha
Building Details
Year Built
1995
Parking Ratio
4.65 per 1,000 SF
Listing Agency:
NAI NP Dodge
(402) 255-6060
Listed By:
Chris Falcone · License #20080196
(402) 706-4990
Source:
Moodyscre
Added: May 21
Changed: Oct 26
Last Checked: Oct 30 at 5:30PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of NAI NP Dodge
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Investment Insights
Based on property information with market context.
Built in 1995, this Class B office building contains 19,077 square feet with a mix of private offices and open areas configured for cubicles. The property provides a combination of enclosed and collaborative workplace environments within a single office asset.
The top floor is leased long term to the Consulate of Guatemala. Overall occupancy is 49%, and the property has a 4.65:1,000 parking ratio. Located at 1010 N 96th St in Omaha, Nebraska, the building is offered for sale and lease.
The top floor is leased long term to the Consulate of Guatemala. Overall occupancy is 49%, and the property has a 4.65:1,000 parking ratio. Located at 1010 N 96th St in Omaha, Nebraska, the building is offered for sale and lease.
Key Highlights
- 19,077‑square‑foot Class B office building built in 1995
- Mix of private offices and open space for cubicles
- Top floor leased long term to the Consulate of Guatemala
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$260,805
Cap Rate
9.02%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,216,100
$5.2M
Cap Rate 7%
$3,725,786
$3.7M
Cap Rate 9%
$2,897,833
$2.9M
Market Conditions
NOI Build-Up for 19,077 SF
Gross rent
$398.3K $20.88/SF
− Vacancy
−$50.6K −$2.65/SF
EGI
$347.7K $18.23/SF
− OpEx
−$86.9K −$4.56/SF
NOI
$260.8K $13.67/SF
Area
Omaha, NE
Vacancy
12.70%
Lease Rate
$20.88 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,216,100
Cap Rate 7%
$3,725,786
Cap Rate 9%
$2,897,833
Alternative Uses
Best Use
Office B
$3.73M
$3.26M – $4.35M
NOI $260,805 @ 7.0% cap · market cap 9.02%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$5.02M
$4.39M – $5.86M
NOI $351,334 @ 7.0% cap · market cap 12.16%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
49%
Occupancy
Location Intelligence
Trade Area within ½ mile
1,376
Businesses Nearby
Explore this area
Business Placement
Demographics for 68114, NE
18,078
Population
8,437
Households
2.1
Avg Household Size
38
Median Age
52%
College-Educated
97%
High-School Grad
5.8 sq mi
ZIP Area
3,117
Density / Sq Mi
$73,361
Median Household Income
$44,430
Median Earnings
$1,220
Median Rent
$273,100
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Omaha, NE
Frequently Asked Questions
What type of property is this?
Office building - Private offices and open cubicle areas create a flexible workplace layout.
Where is this office building located?
The property is located at 1010 N 96th St Omaha, NE.
What is the asking price?
The asking price for this property is $2,890,000.
What are key features of this property?
This property features: 19,077‑square‑foot Class B office building built in 1995; Mix of private offices and open space for cubicles; Top floor leased long term to the Consulate of Guatemala
