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    First Floor Office Condo Available Title is generated by Realmo AI

    10404 Essex Ct, Omaha, NE

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    Office condo with open floorplan, greenspace view, and front parking.

    Type:OFFICE
    Property size:
    2,228 SF
    Lot size:
    2.15 Acres
    Price / SF:
    $269/SF
    Added:
    May 31, 2024
    Days on Market:
    739
    Last Refresh:
    May 20 at 9:11 pm

    Property Features for 10404 Essex Ct

    General Information

    Standard status
    Active
    Size
    2,228 SF
    Lot size
    2.15 Acres
    Property subtype
    OFFICE

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    Listing Contact
    Alex Epstein
    Alex Epstein

    Listing agent Alex Epstein License #20130505

    Listing office OMNE Partners

    Listing date May 31, 2024

    Source Moodyscre

    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 OMNE Partners

    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.
    • Many services in the immediate area, including Whole Foods Market and Regency Court Mall.
    • First‑floor office condo.
    • Overlooks greenspace.

    Overview

    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.

    Local Financial Insights For Office B

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $46.5k $20.88
    − Vacancy −$5.9k −$2.65
    EGI $40.6k $18.23
    − OpEx −$10.2k −$4.56
    NOI $30.5k $13.67
    2,228 SF · lease $20.88/SF/yr · vacancy 12.70% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $435.1K
    $380.7K – $507.7K (±1% cap)
    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 (±1% cap)
    NOI $41,032 @ 7.0% cap · market cap 6.84%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Crystal Santamaria - CLS ... Real Estate Agency Joe Trader-Berkshire Hathaway ... Real Estate Agency Dr. James J. ... Physician Maca Andy L Law Firm Greg Barrett, BHHS ... Real Estate Agency

    Suggested Use

    Restaurant Real Estate Agency Building Supply Law Firm Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Omaha
    County
    Sarpy
    State
    Nebraska
    Longitude
    -96.075
    Latitude
    41.2572

    FAQs

    What type of property is this?
    Office units - Office condo with open floorplan, greenspace view, and front parking.
    Where is this office units located?
    The property is located at 10404 Essex Ct 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.
    (402) 697-8899 Call to check price and availability
    More about this property
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