GI-Zoned Flex
For Sale
Contact for pricing
6210 ABBOTT DR, Omaha, NE 68110
The 1988 property is identified for industrial and warehouse applications.
Property Size31,757 SF
Price / SF$119.50
Days on Market9
Property Features for 6210 ABBOTT DR
General Information
Standard status
Active
Size
31,757 SF
Class
C
Total Parking Spaces
82
Property subtype
Industrial
Zoning
GI
Lease Type
NNN
Investment Type
Owner/User
Building Details
Year Built
1988
Year Renovated
2019
Buildings
1
Stories
1
Units
1
Listing Agency:
Shamrock Development
Listed By:
Michael Moylan · License #890063
Source:
Crexi
Added: Jul 29
Changed: Aug 3
Last Checked: Aug 5 at 12:33PM
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 Shamrock Development
Investment Insights
Based on property information with market context.
This flex space property is a 1988-built industrial building identified for warehouse use. The available information designates the site GI zoning and describes the property as industrial, flex, and warehouse space.
The property is located at 6210 Abbott Drive in Omaha, Nebraska. Its commercial designation and existing industrial-oriented classification provide a clear basis for evaluating warehouse and flex-space use.
The property is located at 6210 Abbott Drive in Omaha, Nebraska. Its commercial designation and existing industrial-oriented classification provide a clear basis for evaluating warehouse and flex-space use.
Key Highlights
- GI zoning designation
- Built in 1988
- Located at 6210 Abbott Drive in Omaha, Nebraska
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$329,447
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
8.68%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$6,588,940
$6.6M
Cap Rate 7%
$4,706,386
$4.7M
Cap Rate 9%
$3,660,522
$3.7M
Market Conditions
NOI Build-Up for 31,757 SF
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.
Gross rent
$533.5K $16.80/SF
− Vacancy
−$26.7K −$0.84/SF
EGI
$506.8K $15.96/SF
− OpEx
−$177.4K −$5.59/SF
NOI
$329.4K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$6,588,940
Cap Rate 7%
$4,706,386
Cap Rate 9%
$3,660,522
Alternative Uses
Best Use
Warehouse
$5.61M
$4.91M – $6.55M
NOI $392,755 @ 7.0% cap · market cap 10.35%
Second Best
Flex RnD
$4.71M
$4.12M – $5.49M
NOI $329,447 @ 7.0% cap · market cap 8.68%
Theoretical Best
Office A
$8.36M
$7.31M – $9.75M
NOI $584,857 @ 7.0% cap · market cap 15.41%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
139
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 68110, NE
9,665
Population
3,545
Households
2.7
Avg Household Size
33
Median Age
13%
College-Educated
81%
High-School Grad
8.5 sq mi
ZIP Area
1,137
Density / Sq Mi
$36,517
Median Household Income
$21,739
Median Earnings
$920
Median Rent
$113,800
Median Home Value
Market
Vacancy Rate% for Industrial in Omaha, NE
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Flex space - The 1988 property is identified for industrial and warehouse applications.
Where is this flex space located?
The property is located at 6210 ABBOTT DR Omaha, NE.
What is the asking price?
The asking price for this property is $3,795,000.
What are key features of this property?
This property features: GI zoning designation; Built in 1988; Located at 6210 Abbott Drive in Omaha, Nebraska
