Light Industrial Flex
2330 Paul St Omaha, NE 68102
2330 Paul St, Omaha, NE, 68102
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For Sale
Contact for pricing
Fully fenced light industrial flex building with gated access and a partially office-equipped warehouse.
Property Size9,680 SF
Price / SF$139.46
Days on Market224
Property Features for 2330 Paul St
General Information
- Standard status
- Active
- Size
- 9,680 SF
- Property subtype
- INDUSTRIAL
Listing agency
JLL
(406) 855-0635
Listed by
Eric Rose · License #S67748000
(406) 855-0635
Source
Moodyscre
Added: Dec 10, 2025 Updated: Jul 22 at 12:34AM Checked: Jul 22 at 12:34AM
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 JLL
Investment Insights
Based on property information with market context.
This light industrial flex warehouse offers 9,680 SF with a layout that includes approximately 25% office space and a kitchenette. The warehouse portion is supported by 5 GFA units, floor drains, and a wash bay with radiant heat and floor drains, making it well-suited for operations requiring utility and drainage.
The property features fully fenced grounds with gated access and includes one drive-in door for loading. The building is zoned Light Industrial.
With a combined office and warehouse configuration, the space is designed to support both administrative needs and on-site production or service activities, while providing controlled access through the fenced and gated perimeter.
The property features fully fenced grounds with gated access and includes one drive-in door for loading. The building is zoned Light Industrial.
With a combined office and warehouse configuration, the space is designed to support both administrative needs and on-site production or service activities, while providing controlled access through the fenced and gated perimeter.
Key Highlights
- 9,680 SF light industrial flex building with 7‑year lease in place
- Year 1 NOI of $87,120 and sale price of $1,350,000
- Fully fenced property with gated access
Local Financial Insights For Warehouse
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 | $145.2k | $15.00 |
| − Vacancy | −$4.4k | −$0.45 |
| EGI | $140.8k | $14.55 |
| − OpEx | −$21.1k | −$2.18 |
| NOI | $119.7k | $12.37 |
9,680 SF · lease $15.00/SF/yr · vacancy 3.00% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$1.71M
$1.50M – $2.00M
NOI $119,717 @ 7.0% cap · market cap 8.87%
Second Best
Flex RnD
$1.43M
$1.26M – $1.67M
NOI $100,420 @ 7.0% cap · market cap 7.44%
Theoretical Best
Office A
$2.55M
$2.23M – $2.97M
NOI $178,273 @ 7.0% cap · market cap 13.21%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Design Communication
Marketing & Advertising
Similar For Sale Nearby
Similar Off Market Nearby
- Tip Top Downtown Ballroom — 1502 Cuming St, Omaha, NE 68102
FAQs
What type of property is this?
Flex space - Fully fenced light industrial flex building with gated access and a partially office-equipped warehouse.
Where is this flex space located?
The property is located at 2330 Paul St Omaha, NE.
What is the asking price?
The asking price for this property is $1,350,000.
What are key features of this property?
This property features: 9,680 SF light industrial flex building with 7‑year lease in place; Year 1 NOI of $87,120 and sale price of $1,350,000; Fully fenced property with gated access
