90-Key Two-Story
For Sale
$3,700,000
2525 Abbott Drive, Omaha, NE 68110
Two-story hotel configured for 90 keys with 90 parking spaces and 31.93% occupancy (2025)
Property Size31,888 SF
Days on Market8
Property Features for 2525 Abbott Drive
General Information
Standard status
Active
Size
31,888 SF
Total Parking Spaces
90
Property subtype
Hospitality
Occupancy
32%
Additional Details
Gross Income
$987,570
Building Details
Building Size
31,888 SF
Year Built
1990
Stories
2
Listing Agency:
NAI | Sioux Falls
(605) 351-1218
Listed By:
Dale Zomer · License #16458
(605) 351-1218
Source:
Naiglobal
Added: Jul 30
Changed: Jul 31
Last Checked: Aug 6 at 4:06AM
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 NAI | Sioux Falls
Investment Insights
Based on property information with market context.
This two-story hotel is configured for 90 keys and offers parking for 90 vehicles. The property is presented with documentation indicating no elevator is required. Built in 1990, it is currently operated without a manager apartment, though one could be added.
Occupancy for 2025 is reported at 31.93%. The seller indicates the current owner has owned the property for 10 years.
2525 Abbott Drive, Omaha, NE 68110
Occupancy for 2025 is reported at 31.93%. The seller indicates the current owner has owned the property for 10 years.
2525 Abbott Drive, Omaha, NE 68110
Key Highlights
- 31.93% occupancy (2025)
- 90 keys
- 90 parking spaces
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$154,497
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.18%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$3,089,940
$3.1M
Cap Rate 7%
$2,207,100
$2.2M
Cap Rate 9%
$1,716,633
$1.7M
Market Conditions
NOI Build-Up for 31,888 SF
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.
Gross rent
$382.7K $12.00/SF
− Vacancy
−$57.4K −$1.80/SF
EGI
$325.3K $10.20/SF
− OpEx
−$170.8K −$5.35/SF
NOI
$154.5K $4.85/SF
Area
Omaha, NE
Vacancy
15.00%
Lease Rate
$12.00 /SF/Yr
Expense Ratio
52.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$3,089,940
Cap Rate 7%
$2,207,100
Cap Rate 9%
$1,716,633
Alternative Uses
Best Use
Hotel Hospitality
$2.21M
$1.93M – $2.57M
NOI $154,497 @ 7.0% cap · market cap 4.18%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$8.39M
$7.34M – $9.79M
NOI $587,270 @ 7.0% cap · market cap 15.87%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
31.9%
Occupancy
Location Intelligence
Trade Area within ½ mile
171
Businesses Nearby
Explore this area
Business Placement
Demographics for 68110, NE
9,665
Population
3,545
Households
2.7
Avg Household Size
33
Median Age
13%
College-Educated
81%
High-School Grad
8.5 sq mi
ZIP Area
1,137
Density / Sq Mi
$36,517
Median Household Income
$21,739
Median Earnings
$920
Median Rent
$113,800
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Hotel - Two-story hotel configured for 90 keys with 90 parking spaces and 31.93% occupancy (2025)
Where is this hotel located?
The property is located at 2525 Abbott Drive Omaha, NE.
What is the asking price?
The asking price for this property is $3,700,000.
What are key features of this property?
This property features: 31.93% occupancy (2025); 90 keys; 90 parking spaces
