Sign Up Successful!
You now have access to more from Realmo!
    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

    2027 Dodge St Omaha, NE 68102

    Loading data...
    Loading data...
    Loading data...
    For Lease
    $23 SF/Yr ($11,436 /Mo)

    Charming building with modern finishes, natural light, and on-site parking.

    Property size:
    5,967 SF
    Lot size:
    5,967 SF

    Property Features for 2027 Dodge St

    General Information

    Standard status
    Active
    Size
    5,967 SF

    We can help!

    Listing Contact
    Kristi Andersen
    Source: Cbre

    Listing Agent: Kristi Andersen

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

    Learn more

    Overview

    Remodeled Office Space for Rent

    Located at 20th & Dodge Street, this charming building features detailed woodwork and ornate ceilings throughout. The freshly remodeled office space offers modern finishes and large common area windows that allow an abundance of natural light. A newly renovated two-story fitness center is located on the lower levels. Convenient on-site parking is available. The property is situated near many retailers, restaurants, and lodging options, and is located two blocks from a proposed streetcar route. The property size is 5967 square feet.
    Location Intelligence

    Current Use by Public Records

    FedEx Drop Box Mailing Service Reinert Trent D Attorney Adam Munter Physical Therapist Erika Klein Physical Therapist Scoular dba TSC ... Agricultural Service

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Law Firm Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Omaha
    County
    Sarpy
    State
    Nebraska
    Longitude
    -95.9438547
    Latitude
    41.2595755

    Nearby Similar for Lease

    • $18 SF/Yr
      5,994 SF

      Historic Art Deco Landmark Building

      Mixed-use property with residential and commercial spaces in downtown Omaha.
      1904 Farnam St, Omaha, NE 68102
      View Details
    • $750 /Mo
      14,000 SF

      Freestanding Building in Northwest Omaha

      Versatile commercial building suited for retail or office use.
      5404 N 99Th St, Omaha, NE 68134
      View Details
    • $12 SF/Yr
      26,364 SF

      Turnkey Office Suite in Omaha

      Garden-level office suite with dedicated entrance and ample parking.
      2637 S 158Th Plz, Omaha, NE 68130
      View Details
    • $30 SF/Yr
      1,676 SF

      Repurposed Steel Plant Office Space

      Modern Class A office space in historic Omaha building.
      609 S 48Th St, Omaha, NE 68132
      View Details
    • $20 SF/Yr
      4,317 SF

      Historic Redfield Building Office Space

      Historic building in Omaha's Flatiron District with modern amenities.
      1901 Howard St, Omaha, NE 68102
      View Details
    • $20 SF/Yr
      82,935 SF

      Modern Office Space for Sublease

      Premier office space with modern amenities and convenient location.
      1000 N 90Th St, Omaha, NE 68114
      View Details
    • $13 SF/Yr
      9,025 SF

      Elkhorn Retail & Office Space

      Retail and office suites available in thriving Elkhorn neighborhood.
      20275 Honeysuckle Dr, Omaha, NE 68022
      View Details
    • $15 SF/Yr
      3,560 SF

      Retail Space in Deerfield Place

      Retail spaces available in a busy Omaha shopping center.
      5218-5346 S 136Th St, Omaha, NE 68137
      View Details
    • $16 SF/Yr
      5,421 SF

      Lakefront Restaurant Space Available

      Restaurant space with lake views, patio, and large kitchen.
      14505-14529 F St, Omaha, NE 68137
      View Details
    • $15 SF/Yr
      81,592 SF

      Retail Center on 36th Street

      Vibrant retail center with flexible space in a populated neighborhood.
      5135 South 36Th St, Omaha, NE 68107
      View Details
    • $21 SF/Yr
      1,780 SF

      Restaurant Space in Countryside Village

      Restaurant space with complete kitchen infrastructure in established shopping center.
      8725 Pacific St, Omaha, NE 68114
      View Details
    • $26 SF/Yr
      3,430 SF

      Professional Office Space Available

      Turn-key office spaces with ample parking and modern amenities.
      12002 Pacific St, Omaha, NE 68154
      View Details

    FAQs

    What type of property is this?
    Office space - Charming building with modern finishes, natural light, and on-site parking.
    Where is this office space located?
    The property is located at 2027 Dodge St Omaha, NE.
    What is the lease rate?
    The lease rate is $23 SF/Yr.
    What are key features of this property?
    This property features: - Freshly remodeled office space with modern finishes; - Newly renovated two-story fitness center; - Convenient on-site parking
    (402) 697-5820
    Request Owner's contact information
    2027 Dodge St Omaha, NE 68102
    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.
    2027 Dodge St
    Omaha, NE 68102
    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
    2027 Dodge St Omaha, NE 68102
    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
    Kristi Andersen
    (402) 697-5820
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.