Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    2015 N 88Th St Omaha, NE 68134

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    $2,500,000

    Industrial property with outside storage, near I-680.

    Property size:
    12,344 SF
    Lot size:
    12,344 SF

    Property Features for 2015 N 88Th St

    General Information

    Size
    12,344 SF

    Building Details

    Year built
    1981

    We can help!

    Listing Contact
    John Meyer
    John Meyer
    Source: Naiglobal

    Listing Agent: John Meyer

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Industrial Buildings Near 88th & Blondo

    This industrial property is located near 88th & Blondo, approximately one mile from I-680. The property includes floor drains and offers ample outside storage. The property size is 12344 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Above l the rest ... Car Wash

    Suggested Use

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

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

    Similar Places Nearby

    Storage Cave, A Place to Store, Self-Storage at U-Haul, Self-Storage, Jo Storage

    Location Insight

    • Map
    • Local Demand
    City
    Omaha
    County
    Sarpy
    State
    Nebraska
    Longitude
    -96.047378
    Latitude
    41.2790001

    Nearby Similar for Lease

    • Contact for pricing

      Linden Place

      Flexible workspace in San Jose Airport
      14301 Fnb Pkwy, Omaha, NE 68154
      View Details
    • Contact for pricing

      Landmark Center

      Flexible workspace in Irvine Spectrum
      1299 Farnam St, Omaha, NE 68102
      View Details
    • Contact for pricing

      Aksarben Village

      Flexible workspace in Las Colinas MacArthur
      2111 67Th St, Omaha, NE 06806
      View Details
    • Contact for pricing

      NE, Omaha - Nicholas St.

      Discover many ways to work your way in University Executive Park
      1113 Nicholas St, Omaha, NE 68102
      View Details
    • Sponsored
      Contact for pricing

      NE, Omaha - S 72nd St

      Workspaces, services and support to help you work better in Market Street
      1303 72Nd St, Omaha, NE 68114
      View Details
    • Contact for pricing

      NE, Omaha - 2027 Dodge St

      Discover many ways to work your way in Civic Center
      2027 Dodge St, Omaha, NE 68102
      View Details
    • $800 /Mo
      960 SF

      Move-in Ready Office Space Available

      Office space with Class A finishes, kitchenette, and conference room access.
      260 Regency Parkway Dr, Omaha, NE 68114
      View Details
    • $15 SF/Yr
      7,973 SF

      Historic Anglim Building Retail Space

      Retail space in the historic Anglim Building at 20th & Dodge.
      112 South 20Th St, Omaha, NE 68102
      View Details
    • $17 SF/Yr
      5,788 SF

      Class A Office Space Available

      Premier office building in West Omaha with convenient access.
      17330 Wright St, Omaha, NE 68130
      View Details
    • $21 SF/Yr
      2,000 SF

      Retail/Office Space with Parking

      2000 sqft retail/office space with front door parking.
      18960 Edna St, Omaha, NE 68136
      View Details
    • $18 SF/Yr
      2,377 SF

      Omaha Office Space For Rent

      Office space for rent with commercial zoning and full kitchen.
      10410 South 144Th St, Omaha, NE 68138
      View Details
    • $20 SF/Yr
      2,169 SF

      Class A Office Space Available

      Class A office space for rent in business park.
      14301 Fnb Pkwy, Omaha, NE 68154
      View Details

    FAQs

    What type of property is this?
    Warehouse - Industrial property with outside storage, near I-680.
    Where is this warehouse located?
    The property is located at 2015 N 88Th St Omaha, NE.
    What is the lease rate?
    The lease rate is $2,500,000.
    What are key features of this property?
    This property features: - Hard-to-find industrial property with **ample outside storage**.; - **Great owner/user opportunity**.; - Location near 88th & Blondo.
    (402) 677-9626
    Request Owner's contact information
    2015 N 88Th St Omaha, NE 68134
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2015 N 88Th St
    Omaha, NE 68134
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    2015 N 88Th St Omaha, NE 68134
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    John Meyer
    John Meyer
    (402) 677-9626 (402) 255-6067 (402) 255-6060
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!