Warehouse and Office
4344 South 87th Street Omaha, NE 68127
For Sale
$795,000
Warehouse and office building featuring five offices and a fenced storage area with drive-in and dock doors.
Property Size4,800 SF
Price / SF$165.63
Days on Market69
Property Features for 4344 South 87th Street
General Information
- Standard status
- Active
- Size
- 4,800 SF
- Property subtype
- Industrial
Listing Agency:
CBRE | Omaha
(402) 697-5862
Listed By:
David H. Maenner
(402) 697-5862
Source:
Cbre
Added: May 16
Changed: Jul 23
Last Checked: Jul 23 at 3:40PM
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
Investment Insights
Based on property information with market context.
This warehouse and office building includes an office area with five offices, a reception area, conference room, large file room, breakroom, and two restrooms. The office space was fully renovated in 2012. The warehouse offers one 10’W x 12’H drive-in door and one 8’ x 8’ dock door, with a fenced storage area at the rear of the property.
The location provides easy access to I-80 via 84th and F Streets.
Overall, the property combines functional warehouse loading with dedicated administrative space and secured outdoor storage.
The location provides easy access to I-80 via 84th and F Streets.
Overall, the property combines functional warehouse loading with dedicated administrative space and secured outdoor storage.
Key Highlights
- Office area includes five offices plus reception, conference room, large file room, breakroom, and two restrooms
- Entire office renovation completed in 2012
- Warehouse has one 10’W x 12’H drive‑in door and one 8’ x 8’ dock door
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 | $100.2k | $20.88 |
| − Vacancy | −$12.7k | −$2.65 |
| EGI | $87.5k | $18.23 |
| − OpEx | −$21.9k | −$4.56 |
| NOI | $65.6k | $13.67 |
4,800 SF · lease $20.88/SF/yr · vacancy 12.70% · expense 25.00%
Alternative Uses
Best Use
Office B
$937.5K
$820.3K – $1.09M
NOI $65,622 @ 7.0% cap · market cap 8.25%
Second Best
Warehouse
$848.1K
$742.1K – $989.4K
NOI $59,364 @ 7.0% cap · market cap 7.47%
Theoretical Best
Office A
$1.26M
$1.11M – $1.47M
NOI $88,400 @ 7.0% cap · market cap 11.12%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
F & B Constructors ...
Construction Company
Similar Off Market Nearby
- J's Smokehouse BBQ — 4725 S 96th St, Omaha, NE 68127
FAQs
What type of property is this?
Flex space - Warehouse and office building featuring five offices and a fenced storage area with drive-in and dock doors.
Where is this flex space located?
The property is located at 4344 South 87th Street Omaha, NE.
What is the asking price?
The asking price for this property is $795,000.
What are key features of this property?
This property features: Office area includes five offices plus reception, conference room, large file room, breakroom, and two restrooms; Entire office renovation completed in 2012; Warehouse has one 10’W x 12’H drive‑in door and one 8’ x 8’ dock door
