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Auto Shop with Surface Parking
For Sale
$303,379

3224 North 30th Street, Omaha, NE 68111

Service-garage configuration with on-site surface parking supports automotive operations.

Property Size1,764 SF
Price / SF$171.98
Days on Market137

Property Features for 3224 North 30th Street

General Information

Standard status Active
Size 1,764 SF
Property subtype Retail

Amenities

Corner Lot
Surface Parking

Building Details

Year Built 1952
Buildings 1
Listing Agency: CBRE | Omaha
Listed By: Scott Schneiderman · License #19990230
Source: Cbre
Added: Jun 2 Changed: Oct 15 Last Checked: Oct 16 at 6:10AM

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 1,764-square-foot auto shop was built in 1952 as a service garage and includes surface parking. The property is located at 3224 North 30th Street in Omaha, Nebraska 68111.

Key Highlights

  • 1,764 SF auto shop
  • Built in 1952
  • Originally constructed as a service garage

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$21,337
Cap Rate
7.03%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$426,740 $426.7K
Cap Rate 7%
$304,814 $304.8K
Cap Rate 9%
$237,078 $237.1K
Market Conditions
NOI Build-Up for 1,764 SF
Gross rent
$31.8K $18.00/SF
− Vacancy
−$1.3K −$0.72/SF
EGI
$30.5K $17.28/SF
− OpEx
−$9.1K −$5.18/SF
NOI
$21.3K $12.10/SF
Area
Omaha, NE
Vacancy
4.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$426,740
Cap Rate 7%
$304,814
Cap Rate 9%
$237,078

Alternative Uses

Best Use
Retail
$304.8K
$266.7K – $355.6K (±1% cap)
NOI $21,337 @ 7.0% cap · market cap 7.03%
Second Best
Industrial
$256.7K
$224.6K – $299.4K (±1% cap)
NOI $17,966 @ 7.0% cap · market cap 5.92%
Theoretical Best
Office A
$464.1K
$406.1K – $541.5K (±1% cap)
NOI $32,487 @ 7.0% cap · market cap 10.71%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Big O Motors ... Car Dealership Bedford Street Services Auto Repair Shop

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Spa & Massage Center Pharmacy Building Supply

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

409
Businesses Nearby
Well-served
Demand for This Use

Demographics for 68111, NE

25,048
Population
9,729
Households
2.6
Avg Household Size
31
Median Age
12%
College-Educated
78%
High-School Grad
5.2 sq mi
ZIP Area
4,817
Density / Sq Mi
$41,010
Median Household Income
$31,610
Median Earnings
$1,109
Median Rent
$101,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Omaha, NE

7.6% 2019
10.2% 2020
8.7% 2021
7.1% 2022
6.1% 2023
6.1% 2024
5.8% 2025

Similar Off Market Nearby

  • All Season Auto Repair — 3730 Lake St, Omaha, NE 68111
  • Riding Back in Style — 3657 Lake St, Omaha, NE 68111
  • Got It Auto LLC — 3651 Lake St, Omaha, NE 68111
  • Bob's Auto Services & Sales — 3240 Lake St, Omaha, NE 68111
  • Mhauto Service & Repair — 2524 Lake St, Omaha, NE 68111

Frequently Asked Questions

What type of property is this?
Auto shop - Service-garage configuration with on-site surface parking supports automotive operations.
Where is this auto shop located?
The property is located at 3224 North 30th Street Omaha, NE.
What is the asking price?
The asking price for this property is $303,379.
What are key features of this property?
This property features: 1,764 SF auto shop; Built in 1952; Originally constructed as a service garage
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