First Floor Office Condo
For Sale
$600,000
10404 Essex Court, Omaha, NE 68114
Office condo with open floorplan, greenspace view, and front parking.
Property Size2,228 SF
Days on Market332
Property Features for 10404 Essex Court
General Information
Standard status
Active
Size
2,228 SF
Class
B
Property subtype
Office
Building Details
Building Size
2,228 SF
Year Built
1975
Listed By:
Alex Epstein
(402) 850-8898
Source:
Omnepartners
Added: Nov 24, 2025
Changed: Oct 21
Last Checked: Oct 20 at 7:07PM
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 Alex Epstein
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Investment Insights
Based on property information with market context.
This first-floor office condo features an open floorplan with a wall of windows overlooking a greenspace and patio. The property benefits from front-door parking. It is centrally located at Regency Landing and West Dodge Road, providing easy access to I-680. The property size is 2228 square feet. Many services are available in the immediate area, including Whole Foods Market and Regency Court Mall. The property is suitable for office space.
Key Highlights
- Conveniently located at Regency Landing and W. Dodge Road with easy access to I‑680.
- Open floorplan with a wall of windows overlooking greenspace and a patio.**
- Front door parking.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$30,459
Cap Rate
5.08%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$609,180
$609.2K
Cap Rate 7%
$435,129
$435.1K
Cap Rate 9%
$338,433
$338.4K
Market Conditions
NOI Build-Up for 2,228 SF
Gross rent
$46.5K $20.88/SF
− Vacancy
−$5.9K −$2.65/SF
EGI
$40.6K $18.23/SF
− OpEx
−$10.2K −$4.56/SF
NOI
$30.5K $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%
$609,180
Cap Rate 7%
$435,129
Cap Rate 9%
$338,433
Alternative Uses
Best Use
Office B
$435.1K
$380.7K – $507.7K
NOI $30,459 @ 7.0% cap · market cap 5.08%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$586.2K
$512.9K – $683.9K
NOI $41,032 @ 7.0% cap · market cap 6.84%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,112
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 unit - Office condo with open floorplan, greenspace view, and front parking.
Where is this office unit located?
The property is located at 10404 Essex Court Omaha, NE.
What is the asking price?
The asking price for this property is $600,000.
What are key features of this property?
This property features: Conveniently located at Regency Landing and W. Dodge Road with easy access to I‑680.; Open floorplan with a wall of windows overlooking greenspace and a patio.**; Front door parking.
