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Office Building with Golf Course Views
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17110 Marcy St, Omaha, NE 68118

Office building features golf course views and convenient access to the West Dodge Expressway, with upcoming vacant space.

Property Size43,698 SF
Price / SF$214
Days on Market911

Property Features for 17110 Marcy St

General Information

Standard status Active
Size 43,698 SF
Property subtype OFFICE

Additional Details

Highway Access Yes

Building Details

Buildings 1
Listing Agency: Investors Realty Inc
Listed By: Tim Kerrigan, CCIM, SIOR · License #0930580
Source: Moodyscre
Added: Jan 31, 2024 Changed: Jul 30 Last Checked: Jul 30 at 11:01AM

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 Investors Realty Inc

Investment Insights

Based on property information with market context.

This office building offers golf course views and convenient access to the West Dodge Expressway. The property is approximately 43,698 square feet and includes a spacious 10,170 square feet of upcoming vacant space, creating flexibility for an owner-occupant or new tenant.

Located at 17110 Marcy St in Omaha, the building’s setting provides a scenic backdrop while keeping access tied to a major expressway corridor. The upcoming vacancy can support a range of office layout approaches based on tenant needs.

For users seeking an office facility with both views and straightforward expressway access, the combination of the building’s overall size and available vacant area is a key planning consideration.

Key Highlights

  • Approximately 43,698 square feet office building
  • 10,170 square feet of upcoming vacant space
  • Golf course views

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 $912.4k $20.88
− Vacancy −$115.9k −$2.65
EGI $796.5k $18.23
− OpEx −$199.1k −$4.56
NOI $597.4k $13.67
43,698 SF · lease $20.88/SF/yr · vacancy 12.70% · expense 25.00%

Alternative Uses

Best Use
Office B
$8.53M
$7.47M – $9.96M (±1% cap)
NOI $597,403 @ 7.0% cap · market cap 6.36%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$11.50M
$10.06M – $13.41M (±1% cap)
NOI $804,770 @ 7.0% cap · market cap 8.57%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Jack Henry & Associates ... IT Consulting Firm Financial Brokerage, Inc. Insurance Agency TS&Associates Financial Advisor NGC Group, Inc. Construction Company

Suggested Use

Top Pick Building Supply Auto Repair Shop Big Box & Wholesale Store Law Firm Auto Parts Store Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

158
Businesses Nearby

Demographics for 68118, NE

9,802
Population
3,670
Households
2.7
Avg Household Size
41
Median Age
65%
College-Educated
99%
High-School Grad
4.0 sq mi
ZIP Area
2,451
Density / Sq Mi
$137,358
Median Household Income
$67,653
Median Earnings
$1,820
Median Rent
$364,500
Median Home Value

Market

Vacancy Rate% for Office in Omaha, NE

5.5% 2019
13.2% 2020
14.2% 2021
12.6% 2022
11.7% 2023
13.7% 2024
11.9% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office building - Office building features golf course views and convenient access to the West Dodge Expressway, with upcoming vacant space.
Where is this office building located?
The property is located at 17110 Marcy St Omaha, NE.
What is the asking price?
The asking price for this property is $9,395,000.
What are key features of this property?
This property features: Approximately 43,698 square feet office building; 10,170 square feet of upcoming vacant space; Golf course views
(402) 778-7538 Call to check price and availability
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