Warehouse-Office Bay
2416 Castelar St Omaha, NE 68105
For Sale
Contact for pricing
Clear-span warehouse space includes 507 SF office per bay and two drive-in doors with radiant heat.
Property Size6,939 SF
Price / SF$250
Days on Market67
Property Features for 2416 Castelar St
General Information
- Standard status
- Active
- Size
- 6,939 SF
- Property subtype
- INDUSTRIAL
Listing Agency:
CBRE | Omaha
(402) 697-5862
Listed By:
David H Maenner
Source:
Moodyscre
Added: May 19
Changed: Jul 23
Last Checked: Jul 23 at 5:14AM
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 CBRE | Omaha
Investment Insights
Based on property information with market context.
This warehouse-office building features a clear-span interior, measuring 97 feet deep by 72 feet wide. Warehouse ceilings range from 15 to 18 feet, and the warehouse area is heated with radiant heat. Each bay is supported with two drive-in doors sized 12 feet wide by 12 feet high and 9 feet wide by 10 feet high.
Each bay also includes a 507-square-foot office component with one unisex restroom. The building is served by a 200-amp, 3-phase electrical panel in each bay. Occupancy rating is listed as S-1.
The property is offered for sale at 2416 Castelar St in Omaha, Nebraska.
Each bay also includes a 507-square-foot office component with one unisex restroom. The building is served by a 200-amp, 3-phase electrical panel in each bay. Occupancy rating is listed as S-1.
The property is offered for sale at 2416 Castelar St in Omaha, Nebraska.
Key Highlights
- Clear‑span warehouse building: 97’ deep x 72’ wide with ceiling heights of 15’–18’
- Each bay includes two drive‑in doors: 12’ W x 12’ H and 9’ W x 10’ H
- Per bay: 507 SF office plus a unisex restroom
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 | $144.9k | $20.88 |
| − Vacancy | −$18.4k | −$2.65 |
| EGI | $126.5k | $18.23 |
| − OpEx | −$31.6k | −$4.56 |
| NOI | $94.9k | $13.67 |
6,939 SF · lease $20.88/SF/yr · vacancy 12.70% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.36M
$1.19M – $1.58M
NOI $94,864 @ 7.0% cap · market cap 5.47%
Second Best
Warehouse
$1.23M
$1.07M – $1.43M
NOI $85,818 @ 7.0% cap · market cap 4.95%
Theoretical Best
Office A
$1.83M
$1.60M – $2.13M
NOI $127,793 @ 7.0% cap · market cap 7.37%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Office Units
Similar Off Market Nearby
- Dino's Storage — 1220 S 13th St, Omaha, NE 68108
- blue jay storage — 1246 S 14th St, Omaha, NE 68108
- Heck & Sons Co — 1625 S 13th St, Omaha, NE 68108
FAQs
What type of property is this?
Warehouse - Clear-span warehouse space includes 507 SF office per bay and two drive-in doors with radiant heat.
Where is this warehouse located?
The property is located at 2416 Castelar St Omaha, NE.
What is the asking price?
The asking price for this property is $1,734,750.
What are key features of this property?
This property features: Clear‑span warehouse building: 97’ deep x 72’ wide with ceiling heights of 15’–18’; Each bay includes two drive‑in doors: 12’ W x 12’ H and 9’ W x 10’ H; Per bay: 507 SF office plus a unisex restroom
