Updated Mixed-Use
New
For Sale
Contact for pricing
6225 AMES AVE, Omaha, NE 68104
Commercially zoned building offering flexible space for mixed-use occupancy.
Property Size5,580 SF
Price / SF$116.49
Days on Market5
Property Features for 6225 AMES AVE
General Information
Standard status
Active
Size
5,580 SF
Total Parking Spaces
45
Property subtype
Retail, Office, Mixed Use
Zoning
Commercial
Occupancy
50%
Building Details
Year Built
1964
Year Renovated
2024
Buildings
1
Stories
2
Units
1
Tenancy
Multi
Listing Agency:
Nebraska Realty
(402) 510-2008
Listed By:
Samantha Wehrli · License #20210645
Source:
Crexi
Added: Aug 27
Changed: Aug 31
Last Checked: Aug 31 at 8:50AM
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 Nebraska Realty
Investment Insights
Based on property information with market context.
This updated mixed-use building contains 5,580 square feet and is positioned for commercial use under Commercial zoning. Constructed in 1964, the property provides an established building platform for a range of mixed-use applications.
The property is located at 6225 Ames Ave in Omaha, Nebraska 68104. Its existing building area and commercial zoning support evaluation for an owner-user or investor seeking a versatile commercial asset.
The property is located at 6225 Ames Ave in Omaha, Nebraska 68104. Its existing building area and commercial zoning support evaluation for an owner-user or investor seeking a versatile commercial asset.
Key Highlights
- 5,580‑square‑foot mixed‑use building
- Updated building offered for sale
- Commercial zoning
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
$55,075
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
8.47%
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%
$1,101,500
$1.1M
Cap Rate 7%
$786,786
$786.8K
Cap Rate 9%
$611,944
$611.9K
Market Conditions
NOI Build-Up for 5,580 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
$83.7K $15.00/SF
− Vacancy
−$5.0K −$0.90/SF
EGI
$78.7K $14.10/SF
− OpEx
−$23.6K −$4.23/SF
NOI
$55.1K $9.87/SF
Area
ZIP 68104
Vacancy
6.00%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
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%
$1,101,500
Cap Rate 7%
$786,786
Cap Rate 9%
$611,944
Alternative Uses
Best Use
Retail
$786.8K
$688.4K – $917.9K
NOI $55,075 @ 7.0% cap · market cap 8.47%
Second Best
Mixed Use
$778.4K
$681.1K – $908.2K
NOI $54,489 @ 7.0% cap · market cap 8.38%
Theoretical Best
Office A
$1.95M
$1.70M – $2.27M
NOI $136,264 @ 7.0% cap · market cap 20.96%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
332
Businesses Nearby
Explore this area
Business Placement
Demographics for 68104, NE
36,706
Population
16,330
Households
2.2
Avg Household Size
34
Median Age
31%
College-Educated
84%
High-School Grad
6.6 sq mi
ZIP Area
5,562
Density / Sq Mi
$57,488
Median Household Income
$38,703
Median Earnings
$1,049
Median Rent
$157,700
Median Home Value
Market
Vacancy Rate% for Retail 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?
Mixed-use property - Commercially zoned building offering flexible space for mixed-use occupancy.
Where is this mixed-use property located?
The property is located at 6225 AMES AVE Omaha, 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: 5,580‑square‑foot mixed‑use building; Updated building offered for sale; Commercial zoning
