Warehouse-Office Bay
For Sale
Contact for pricing
2416 Castelar St, Omaha, NE 68105
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 Market158
Property Features for 2416 Castelar St
General Information
Standard status
Active
Size
6,939 SF
Property subtype
INDUSTRIAL
Warehouse & Industrial
Clear Height
18 ft
Heavy Power
Yes
Properties For Sale
at 2416 Castelar St
2416 Castelar St
AVAILABLE, Now
Size
6,939 SF
Type
INDUSTRIAL
Lease Type
NNN
Sublease
No
- Building 97’ deep X 72’ wide
- Building is “clear” span
- Ceilings: 15’ - 18’
- Each bay features two drive-in doors (12’ W X 12’ H and 9’ W X 10’ H)
- Each bay has 507 SF office with one unisex restroom
- Radiant heat in warehouse area
- Occupancy rating S-1
- 200 amp, 3 phase electrical panel in each bay
Contact us
Listing Agency:
CBRE | Omaha
(402) 334-8877
Listed By:
David H Maenner · License ##20060113
(402) 697-5862
Source:
Moodyscre
Added: May 19
Changed: Aug 8
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
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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
Estimated NOI and Cap Rate
NOI / Yr
$94,864
Cap Rate
5.47%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,897,280
$1.9M
Cap Rate 7%
$1,355,200
$1.4M
Cap Rate 9%
$1,054,044
$1.1M
Market Conditions
NOI Build-Up for 6,939 SF
Gross rent
$144.9K $20.88/SF
− Vacancy
−$18.4K −$2.65/SF
EGI
$126.5K $18.23/SF
− OpEx
−$31.6K −$4.56/SF
NOI
$94.9K $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%
$1,897,280
Cap Rate 7%
$1,355,200
Cap Rate 9%
$1,054,044
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 authorities.
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Who owns this building?
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Current Use
Lease Details
18 ft
Clear height
Yes
Heavy power
Location Intelligence
Trade Area within ½ mile
518
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 68105, NE
22,669
Population
10,633
Households
2.1
Avg Household Size
32
Median Age
35%
College-Educated
84%
High-School Grad
3.6 sq mi
ZIP Area
6,297
Density / Sq Mi
$53,253
Median Household Income
$36,969
Median Earnings
$1,010
Median Rent
$187,600
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Omaha, NE
Similar Off Market Nearby
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Frequently Asked Questions
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
