Multifamily Building with One
For Sale
Contact for pricing
1301 South 75th Street, Omaha, NE 68124
Multifamily building offered for sale, configured as a single unit per available records.
Property Size14,820 SF
Price / SF$168.69
Days on Market68
Property Features for 1301 South 75th Street
General Information
Standard status
Active
Size
14,820 SF
Class
B
Property subtype
Office
Zoning
GO
Net Operating Income
$1.00
Additional Details
Multifamily Units
1
Building Details
Year Built
2012
Units
1
Tenancy
Multi
Listing Agency:
R&R Realty Group Omaha
(402) 885-4002
Listed By:
Cooper Wilson · License #NE 20180509
Source:
Crexi
Added: Jun 5
Changed: Aug 8
Last Checked: Aug 9 at 2:39PM
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 R&R Realty Group Omaha
Investment Insights
Based on property information with market context.
Offered for sale, this multifamily property is listed as a single-unit building. Public remarks reference a “1 Unit” configuration.
The property is located at 1301 S 75TH ST in Omaha, Nebraska (68124). The listing is recorded for sale, with public remarks dated 11/15/2024.
The available information does not describe interior layouts, building condition, or additional amenities beyond the one-unit configuration.
The property is located at 1301 S 75TH ST in Omaha, Nebraska (68124). The listing is recorded for sale, with public remarks dated 11/15/2024.
The available information does not describe interior layouts, building condition, or additional amenities beyond the one-unit configuration.
Key Highlights
- Multifamily building built in 2012
- Configured as 1 unit per available records
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$202,607
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
8.10%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$4,052,140
$4.1M
Cap Rate 7%
$2,894,386
$2.9M
Cap Rate 9%
$2,251,189
$2.3M
Market Conditions
NOI Build-Up for 14,820 SF
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.
Gross rent
$309.4K $20.88/SF
− Vacancy
−$39.3K −$2.65/SF
EGI
$270.1K $18.23/SF
− OpEx
−$67.5K −$4.56/SF
NOI
$202.6K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$4,052,140
Cap Rate 7%
$2,894,386
Cap Rate 9%
$2,251,189
Alternative Uses
Best Use
Office B
$2.89M
$2.53M – $3.38M
NOI $202,607 @ 7.0% cap · market cap 8.10%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.90M
$3.41M – $4.55M
NOI $272,935 @ 7.0% cap · market cap 10.92%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
1,992
Businesses Nearby
Explore this area
Business Placement
Demographics for 68124, NE
15,503
Population
6,941
Households
2.2
Avg Household Size
39
Median Age
55%
College-Educated
97%
High-School Grad
5.6 sq mi
ZIP Area
2,768
Density / Sq Mi
$96,341
Median Household Income
$56,177
Median Earnings
$1,223
Median Rent
$277,200
Median Home Value
Market
Vacancy Rate% for Office in Omaha, NE
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Multifamily building offered for sale, configured as a single unit per available records.
Where is this office building located?
The property is located at 1301 South 75th Street Omaha, NE.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: Multifamily building built in 2012; Configured as 1 unit per available records
