Single-Story Retail
For Sale
$2,073,732
11204 Davenport Street, Omaha, NE 68154
A substantial retail property with a renovated history and on-site parking for customer and employee use.
Property Size15,250 SF
Lot Size1.17 Acres
Price / SF$135.98
Days on Market135
Property Features for 11204 Davenport Street
General Information
Standard status
Active
Size
15,250 SF
Total Parking Spaces
52
Lot size
1.17 Acres
Property subtype
Retail
Building Details
Year Built
1980
Year Renovated
2013
Stories
1
Properties For Sale
at 11204 Davenport Street
15,250 SF Office / Retail Building
Available
Size
15,250 SF
Type
Office
Listing Agency:
CBRE | Omaha
Listed By:
Steve Sheppard · License #NE#20051166
(402) 697-5836
Source:
Cbre
Added: Jun 2
Changed: Sep 30
Last Checked: Oct 12 at 5:38PM
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 CBRE | Omaha
Investment Insights
Based on property information with market context.
This single-story retail property contains 15,250 SF within a building constructed in 1980 and remodeled in 2013. The asset is configured across one floor and includes 52 parking stalls, supporting convenient on-site access for occupants and visitors.
Located at 11204 Davenport Street in Omaha, Nebraska, the property offers a retail setting within the 68154 ZIP code. Its combination of building area, one-level layout, parking capacity, and documented remodeling provides a clear physical profile for commercial evaluation.
Located at 11204 Davenport Street in Omaha, Nebraska, the property offers a retail setting within the 68154 ZIP code. Its combination of building area, one-level layout, parking capacity, and documented remodeling provides a clear physical profile for commercial evaluation.
Key Highlights
- 15,250 SF single‑story retail building
- Constructed in 1980 and remodeled in 2013
- 52 on‑site parking stalls
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$184,464
Cap Rate
8.90%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,689,280
$3.7M
Cap Rate 7%
$2,635,200
$2.6M
Cap Rate 9%
$2,049,600
$2.0M
Market Conditions
NOI Build-Up for 15,250 SF
Gross rent
$274.5K $18.00/SF
− Vacancy
−$11.0K −$0.72/SF
EGI
$263.5K $17.28/SF
− OpEx
−$79.1K −$5.18/SF
NOI
$184.5K $12.10/SF
Area
Omaha, NE
Vacancy
4.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,689,280
Cap Rate 7%
$2,635,200
Cap Rate 9%
$2,049,600
Alternative Uses
Best Use
Retail
$2.64M
$2.31M – $3.07M
NOI $184,464 @ 7.0% cap · market cap 8.90%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$4.01M
$3.51M – $4.68M
NOI $280,854 @ 7.0% cap · market cap 13.54%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,489
Businesses Nearby
Explore this area
Business Placement
Demographics for 68154, NE
23,383
Population
10,846
Households
2.2
Avg Household Size
38
Median Age
51%
College-Educated
98%
High-School Grad
6.8 sq mi
ZIP Area
3,439
Density / Sq Mi
$82,509
Median Household Income
$50,653
Median Earnings
$1,185
Median Rent
$297,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in Omaha, NE
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - A substantial retail property with a renovated history and on-site parking for customer and employee use.
Where is this retail space located?
The property is located at 11204 Davenport Street Omaha, NE.
What is the asking price?
The asking price for this property is $2,073,732.
What are key features of this property?
This property features: 15,250 SF single‑story retail building; Constructed in 1980 and remodeled in 2013; 52 on‑site parking stalls
