Office-Flex Building with
For Sale
$1,392,160
4912 South 114th Street, Omaha, NE 68137
Centrally located office-flex building offering 30 parking stalls, 3-phase power, and backup generator, with recent roof and HVAC upgrades.
Property Size9,944 SF
Price / SF$140
Days on Market93
Property Features for 4912 South 114th Street
General Information
Standard status
Active
Size
9,944 SF
Total Parking Spaces
30
Property subtype
Office
Site & Location
Highway Access
Yes
Road Access
Yes
Additional Details
Heavy Power
Yes
Listing Agency:
CBRE - Omaha
Listed By:
Cole Scott · License #01234567
(402) 697-5808
Source:
Cbre
Added: Jul 17
Changed: Oct 5
Last Checked: Oct 16 at 8:10AM
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 centrally located office/flex building is configured to support a mix of office and light-flex use. The property offers 30 parking stalls and includes 3-phase power. Additional improvements include a roof replacement completed in August 2024 and HVAC units replaced within the last four years. A backup generator is also in place.
The building is described as having easy access to Q Street and I-80.
With its office/flex layout, on-site power capacity, and recent major mechanical and roof updates, the property is positioned for tenants or buyers looking for a functional space with demonstrated building systems maintenance.
The building is described as having easy access to Q Street and I-80.
With its office/flex layout, on-site power capacity, and recent major mechanical and roof updates, the property is positioned for tenants or buyers looking for a functional space with demonstrated building systems maintenance.
Key Highlights
- Centrally located office/flex building with easy access to Q Street and I‑80
- 30 parking stalls on site
- 3‑phase power and a backup generator
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$103,159
Cap Rate
7.41%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,063,180
$2.1M
Cap Rate 7%
$1,473,700
$1.5M
Cap Rate 9%
$1,146,211
$1.1M
Market Conditions
NOI Build-Up for 9,944 SF
Gross rent
$167.1K $16.80/SF
− Vacancy
−$8.4K −$0.84/SF
EGI
$158.7K $15.96/SF
− OpEx
−$55.5K −$5.59/SF
NOI
$103.2K $10.37/SF
Area
Omaha, NE
Vacancy
5.00%
Lease Rate
$16.80 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,063,180
Cap Rate 7%
$1,473,700
Cap Rate 9%
$1,146,211
Alternative Uses
Best Use
Office B
$1.94M
$1.70M – $2.27M
NOI $135,946 @ 7.0% cap · market cap 9.77%
Second Best
Flex RnD
$1.47M
$1.29M – $1.72M
NOI $103,159 @ 7.0% cap · market cap 7.41%
Theoretical Best
Office A
$2.62M
$2.29M – $3.05M
NOI $183,135 @ 7.0% cap · market cap 13.15%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
Yes
Heavy power
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,066
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 68137, NE
26,537
Population
10,834
Households
2.4
Avg Household Size
37
Median Age
36%
College-Educated
95%
High-School Grad
8.4 sq mi
ZIP Area
3,159
Density / Sq Mi
$82,256
Median Household Income
$49,784
Median Earnings
$1,337
Median Rent
$232,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in Omaha, NE
Frequently Asked Questions
What type of property is this?
Flex space - Centrally located office-flex building offering 30 parking stalls, 3-phase power, and backup generator, with recent roof and HVAC upgrades.
Where is this flex space located?
The property is located at 4912 South 114th Street Omaha, NE.
What is the asking price?
The asking price for this property is $1,392,160.
What are key features of this property?
This property features: Centrally located office/flex building with easy access to Q Street and I‑80; 30 parking stalls on site; 3‑phase power and a backup generator
