Remodeled Class A Office
1515 S 75th St Omaha, NE 68124
1515 S 75th St, Omaha, NE, 68124
$8,200,000
For Sale
$8,200,000
Turnkey, remodeled office building with an open-plan layout, multiple meeting spaces, and six ADA-compliant restrooms.
Property Size52,367 SF
Price / SF$156.59
Days on Market27
Property Features for 1515 S 75th St
General Information
- Standard status
- Active
- Size
- 52,367 SF
- Property subtype
- Office
Building Details
- Year Built
- 1980
Listing agency
Investors Realty Inc
(402) 650-6638
Listed by
JP Raynor, JD, CCIM, SIOR · License #20090079
Source
Investorsomaha
Added: Jun 25 Updated: Jul 21 at 3:58AM Checked: Jul 21 at 3:58AM
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 turnkey, beautifully remodeled office building features Class A finishes throughout. The interior offers a spacious open floor plan with exposed high ceilings and abundant natural light, designed to support collaboration. The layout also includes multiple breakout rooms, private offices, and large training and conference rooms with state-of-the-art AV systems, along with modern break rooms and gathering areas.
The property includes six updated ADA-compliant restrooms for enhanced accessibility. Recent upgrades include new HVAC with digital controls, a 65% roof replacement with warranty, and energy-efficient LED lighting throughout.
Parking is convenient for both staff and visitors, supporting daily operations for tenants and guests.
The property includes six updated ADA-compliant restrooms for enhanced accessibility. Recent upgrades include new HVAC with digital controls, a 65% roof replacement with warranty, and energy-efficient LED lighting throughout.
Parking is convenient for both staff and visitors, supporting daily operations for tenants and guests.
Key Highlights
- 1980‑built office building with open floor plan, exposed high ceilings, and abundant natural light
- Multiple breakout rooms, private offices, and large training & conference rooms with state‑of‑the‑art AV systems
- Six updated ADA‑compliant restrooms for improved accessibility
Local 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 | $1.09M | $20.88 |
| − Vacancy | −$138.9k | −$2.65 |
| EGI | $954.6k | $18.23 |
| − OpEx | −$238.6k | −$4.56 |
| NOI | $715.9k | $13.67 |
52,367 SF · lease $20.88/SF/yr · vacancy 12.70% · expense 25.00%
Alternative Uses
Best Use
Office B
$10.23M
$8.95M – $11.93M
NOI $715,919 @ 7.0% cap · market cap 8.73%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$13.78M
$12.06M – $16.07M
NOI $964,424 @ 7.0% cap · market cap 11.76%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Spreetail
Marketing & Advertising
ABILITY INSURANCE COMPANY
Insurance Agency
American Enterprise
Company
Similar For Sale Nearby
FAQs
What type of property is this?
Office building - Turnkey, remodeled office building with an open-plan layout, multiple meeting spaces, and six ADA-compliant restrooms.
Where is this office building located?
The property is located at 1515 S 75th St Omaha, NE.
What is the asking price?
The asking price for this property is $8,200,000.
What are key features of this property?
This property features: 1980‑built office building with open floor plan, exposed high ceilings, and abundant natural light; Multiple breakout rooms, private offices, and large training & conference rooms with state‑of‑the‑art AV systems; Six updated ADA‑compliant restrooms for improved accessibility
