Two-Story Office/Flex
3635 S 149TH ST, Omaha, NE 68144
For Sale
Contact for pricing
Vacant delivery combines private offices and collaborative workspace with an integrated warehouse area.
Property Size20,412 SF
Lot Size1.07 Acres
Price / SF$205.76
Days on Market12
Property Features for 3635 S 149TH ST
General Information
Standard status
Size
Lot size
Property subtype
Site & Location
Neighborhood
Highway Access
Warehouse & Industrial
Clear Height
Drive-In Doors
Additional Details
Property Use
Amenities
private offices
conference rooms
open workspaces
warehouse with drive-in doors
Building Details
Buildings
Stories
Building Size
Listing Agency:
Berkshire Hathaway HS | Ambassador Real Estate Commercial Division
Listed By:
Johnny Whelan · License NE #20230328
Source:
Crexi
Added: Nov 2
Changed: Nov 8
Last Checked: Nov 12 at 6:59AM
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 Berkshire Hathaway HS | Ambassador Real Estate Commercial Division
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This two-story office/flex property contains 20,412 square feet on 1.07 acres. The office portion includes more than 21 private offices, conference rooms and open areas suited to cubicle layouts. Warehouse space offers 22 feet of clear height and two drive-in doors. Exterior restoration is scheduled for 2026, and the building is to be delivered vacant.
The property is in Altech Business Park in West Omaha, a short drive from West Dodge Road, West Center Road and I-80.
The property is in Altech Business Park in West Omaha, a short drive from West Dodge Road, West Center Road and I-80.
Key Highlights
- 20,412‑square‑foot, two‑story office/flex building on 1.07 acres
- More than 21 private offices, plus conference rooms and open cubicle areas
- Warehouse area with 22' clear height and two drive‑in doors
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$279,056
Cap Rate
6.64%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,581,120
$5.6M
Cap Rate 7%
$3,986,514
$4.0M
Cap Rate 9%
$3,100,622
$3.1M
Market Conditions
NOI Build-Up for 20,412 SF
Gross rent
$426.2K $20.88/SF
− Vacancy
−$54.1K −$2.65/SF
EGI
$372.1K $18.23/SF
− OpEx
−$93.0K −$4.56/SF
NOI
$279.1K $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%
$5,581,120
Cap Rate 7%
$3,986,514
Cap Rate 9%
$3,100,622
Alternative Uses
Best Use
Office B
$3.99M
$3.49M – $4.65M
NOI $279,056 @ 7.0% cap · market cap 6.64%
Second Best
Warehouse
$3.61M
$3.16M – $4.21M
NOI $252,445 @ 7.0% cap · market cap 6.01%
Theoretical Best
Office A
$5.37M
$4.70M – $6.27M
NOI $375,920 @ 7.0% cap · market cap 8.95%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
22 ft
Clear height
2
Drive-in doors
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
943
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 68144, NE
24,994
Population
11,209
Households
2.2
Avg Household Size
38
Median Age
46%
College-Educated
96%
High-School Grad
7.3 sq mi
ZIP Area
3,424
Density / Sq Mi
$81,887
Median Household Income
$46,271
Median Earnings
$1,138
Median Rent
$248,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Flex space in Omaha, NE
Properties on Market for Flex space in Omaha
Vacancy Rate% for Office in Omaha, NE
Similar Off Market Nearby
- Pleasure Your Palate Catering — 14505 Grover St, Omaha, NE 68144
- Catering for Hope — 15555 Industrial Rd, Omaha, NE 68144
Frequently Asked Questions
What type of property is this?
Flex space - Vacant delivery combines private offices and collaborative workspace with an integrated warehouse area.
Where is this flex space located?
The property is located at 3635 S 149TH ST Omaha, NE.
What is the asking price?
The asking price for this property is $4,200,000.
What are key features of this property?
This property features: 20,412‑square‑foot, two‑story office/flex building on 1.07 acres; More than 21 private offices, plus conference rooms and open cubicle areas; Warehouse area with 22' clear height and two drive‑in doors
