Renovated Executive Office
13504 Stevens St., Omaha, NE 68137
For Sale
Contact for pricing
CC-zoned office property with access to Millard Avenue, 132 Street, Q Street, and L Street.
Property Size2,324 SF
Price / SF$250
Days on Market95
Property Features for 13504 Stevens St.
General Information
Standard status
Size
Property subtype
Zoning
Site & Location
Neighborhood
Road Access
Building Details
Year Built
Year Renovated
Buildings
Units
Listing Agency:
Cushman & Wakefield | The Lund Company
Listed By:
Michael Earl · License NE #20220563
(402) 548-4005
Source:
Crexi
Added: Aug 7
Changed: Nov 4
Last Checked: Nov 8 at 8:03AM
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 Cushman & Wakefield | The Lund Company
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This office building at 13504 Stevens St. in Omaha’s Millard area was built in 1960 and renovated in 2009 for executive-suite use. The property is identified as CC-zoned and offers a configuration suited to professional office occupancy.
Access is available to Millard Avenue, 132 Street, Q Street, and L Street, providing connections to several surrounding corridors. The address is 13504 Stevens St., Omaha, NE 68137.
Access is available to Millard Avenue, 132 Street, Q Street, and L Street, providing connections to several surrounding corridors. The address is 13504 Stevens St., Omaha, NE 68137.
Key Highlights
- Renovated in 2009 for executive‑suite use
- CC zoning designation
- Built in 1960
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$31,772
Cap Rate
5.47%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$635,440
$635.4K
Cap Rate 7%
$453,886
$453.9K
Cap Rate 9%
$353,022
$353.0K
Market Conditions
NOI Build-Up for 2,324 SF
Gross rent
$48.5K $20.88/SF
− Vacancy
−$6.2K −$2.65/SF
EGI
$42.4K $18.23/SF
− OpEx
−$10.6K −$4.56/SF
NOI
$31.8K $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 Rate 5%
$635,440
Cap Rate 7%
$453,886
Cap Rate 9%
$353,022
Alternative Uses
Best Use
Office B
$453.9K
$397.2K – $529.5K
NOI $31,772 @ 7.0% cap · market cap 5.47%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$611.4K
$535.0K – $713.3K
NOI $42,800 @ 7.0% cap · market cap 7.37%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,314
Businesses Nearby
Explore this area
Business Placement
Demographics for 68137, NE
26,537
Population
10,834
Households
2.4
Avg Household Size
37
Median Age
36%
College-Educated
95%
High-School Grad
8.4 sq mi
ZIP Area
3,159
Density / Sq Mi
$82,256
Median Household Income
$49,784
Median Earnings
$1,337
Median Rent
$232,800
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Office buildings in Omaha, NE
Properties on Market for Office buildings in Omaha
Vacancy Rate% for Office in Omaha, NE
Frequently Asked Questions
What type of property is this?
Office building - CC-zoned office property with access to Millard Avenue, 132 Street, Q Street, and L Street.
Where is this office building located?
The property is located at 13504 Stevens St. Omaha, NE.
What is the asking price?
The asking price for this property is $581,000.
What are key features of this property?
This property features: Renovated in 2009 for executive‑suite use; CC zoning designation; Built in 1960
