Class B Flex
3809 S 148TH ST, Omaha, NE 68154
New
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10,000 SF flex building in Altech Business Park.
Type:Industrial, Mixed Use
Property size:
10,000 SFPrice / SF:
$197/SF- Added:
- May 26, 2026
- Days on Market:
- 5
- Last Refresh:
- May 27 at 8:26 am
Property Features for 3809 S 148TH ST
General Information
- Standard status
- Active
- Size
- 10,000 SF
- Property subtype
- Industrial, Mixed Use
Building Details
- Year Built
- 2016
Listing agent Cori Adcock License #20110465
Listing office Lee & Associates - Omaha Nebraska (402) 871-4506
Listing date May 26, 2026
Source Crexi
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 Lee & Associates - Omaha Nebraska
HighLights
- 10,000 SF Class B Flex Building - investment, lease, or owner/user opportunity.
- Built in 2016 with high ceilings and abundant windows, offering modern office and shop space.
- Features two 10’ drive‑in doors, 14' clear height in the shop space, and 600‑amp/3‑phase power.
- Includes a mix of private offices, conference room, and kitchen.
- Located in the established Altech Business Park in southwest Omaha.
- Convenient access to I‑80 and quick connectivity across the Omaha metro.
Overview
This 10,000 SF Class B flex building, constructed in 2016, is located in the Altech Business Park. It is suitable for investment, lease, or owner/user opportunities. The building features high ceilings and abundant windows, with a mix of private offices, a conference room, and a kitchen. The shop space includes two 10' drive-in doors, 14' clear height, 600-amp/3-phase power, and floor drains. The property is located near S. 148th Street and F Street in southwest Omaha, within an established office/industrial corridor with strong surrounding tenant demand. The location provides convenient access to I-80 and quick connectivity across the Omaha metro. It is ideal for an owner/user or tenant seeking higher-end office space that allows for shop or storage space.
Local 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 | $208.8k | $20.88 |
| − Vacancy | −$26.5k | −$2.65 |
| EGI | $182.3k | $18.23 |
| − OpEx | −$45.6k | −$4.56 |
| NOI | $136.7k | $13.67 |
10,000 SF · lease $20.88/SF/yr · vacancy 12.70% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.95M
$1.71M – $2.28M
NOI $136,712 @ 7.0% cap · market cap 6.94%
Second Best
Warehouse
$1.77M
$1.55M – $2.06M
NOI $123,675 @ 7.0% cap · market cap 6.28%
Theoretical Best
Office A
$2.63M
$2.30M – $3.07M
NOI $184,166 @ 7.0% cap · market cap 9.35%
Zoning and permitted uses should be independently verified with local authorities.
Location Intelligence
Current Use by Public Records
Flex space
Similar Places Nearby
- Pleasure Your Palate Catering — 14505 Grover St, Omaha, NE 68144
- Catering for Hope — 15555 Industrial Rd, Omaha, NE 68144
Location Insight
- Map
- Local Demand
- City
- Omaha
- County
- Sarpy
- State
- Nebraska
- Longitude
- -96.1452652
- Latitude
- 41.2232119
Nearby Similar for Sale
FAQs
What type of property is this?
Flex space - 10,000 SF flex building in Altech Business Park.
Where is this flex space located?
The property is located at 3809 S 148TH ST Omaha, NE.
What is the asking price?
The asking price for this property is $1,970,000.
What are key features of this property?
This property features: 10,000 SF Class B Flex Building - investment, lease, or owner/user opportunity.; Built in 2016 with high ceilings and abundant windows, offering modern office and shop space.; Features two 10’ drive‑in doors, 14' clear height in the shop space, and 600‑amp/3‑phase power.
