Two-Level Mixed-Use Office
3843 Harrison St., Bellevue, NE 68147
For Sale
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A separate lower-level entrance supports independent access to the building’s additional offices, conference rooms, and open area.
Property Size3,346 SF
Price / SF$194.26
Days on Market51
Property Features for 3843 Harrison St.
General Information
Standard status
Size
Property subtype
Zoning
Site & Location
Traffic Count
Road Access
Additional Details
Asking Price
Building Details
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Stories
Listing Agency:
Berkshire Hathaway HomeServices Ambassador Real Estate
Listed By:
Gary Kuklin · License NE #20050960
(402) 880-1887
Source:
Crexi
Added: Sep 20
Changed: Oct 25
Last Checked: Nov 8 at 9:03AM
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 HomeServices Ambassador Real Estate
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Investment Insights
Based on property information with market context.
This two-level mixed-use property has office and retail configuration, with private offices, open work areas, conference rooms, reception space, and utility space. The lower level has its own entrance. Recent interior work includes new flooring, electrical and plumbing systems, two HVAC units totaling 5 tons, a 40-gallon electric water heater, and three ADA bathrooms. ADA restrooms are also noted on the main floor.
The building is on Harrison Street in Bellevue and is zoned BNH, Heavy Neighborhood Business. The property includes approximately 2,961 SF of parking and is reported at 6,657 VPD. Its rooms and separate lower-level access provide distinct areas within the property; the stated configuration includes two private offices and open workspace on the main floor, plus two offices and two conference rooms below.
The building is on Harrison Street in Bellevue and is zoned BNH, Heavy Neighborhood Business. The property includes approximately 2,961 SF of parking and is reported at 6,657 VPD. Its rooms and separate lower-level access provide distinct areas within the property; the stated configuration includes two private offices and open workspace on the main floor, plus two offices and two conference rooms below.
Key Highlights
- Two‑level office and retail configuration with separate lower‑level entrance
- Main floor includes reception, two private offices, open workspace, and ADA restrooms
- Lower level has two offices, two large conference rooms, open area, and utility space
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$47,252
Cap Rate
7.27%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$945,040
$945.0K
Cap Rate 7%
$675,029
$675.0K
Cap Rate 9%
$525,022
$525.0K
Market Conditions
NOI Build-Up for 3,346 SF
Gross rent
$68.3K $20.40/SF
− Vacancy
−$5.3K −$1.57/SF
EGI
$63.0K $18.83/SF
− OpEx
−$15.8K −$4.71/SF
NOI
$47.3K $14.12/SF
Area
Sarpy County, NE
Vacancy
7.70%
Lease Rate
$20.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$945,040
Cap Rate 7%
$675,029
Cap Rate 9%
$525,022
Alternative Uses
Best Use
Office B
$675.0K
$590.7K – $787.5K
NOI $47,252 @ 7.0% cap · market cap 7.27%
Second Best
Retail
$587.3K
$513.9K – $685.2K
NOI $41,111 @ 7.0% cap · market cap 6.32%
Theoretical Best
Office A
$897.9K
$785.7K – $1.05M
NOI $62,854 @ 7.0% cap · market cap 9.67%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
6,657 VPD
Traffic count
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
216
Businesses Nearby
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Business Placement
Demographics for 68147, NE
11,387
Population
4,641
Households
2.5
Avg Household Size
35
Median Age
21%
College-Educated
90%
High-School Grad
4.9 sq mi
ZIP Area
2,324
Density / Sq Mi
$91,706
Median Household Income
$48,446
Median Earnings
$1,296
Median Rent
$202,400
Median Home Value
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Market
Vacancy Rate% for Office in Midwest region
Frequently Asked Questions
What type of property is this?
Mixed-use property - A separate lower-level entrance supports independent access to the building’s additional offices, conference rooms, and open area.
Where is this mixed-use property located?
The property is located at 3843 Harrison St. Bellevue, NE.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: Two‑level office and retail configuration with separate lower‑level entrance; Main floor includes reception, two private offices, open workspace, and ADA restrooms; Lower level has two offices, two large conference rooms, open area, and utility space
