Freestanding Office
For Sale
$275,000
6842 Pacific St, Omaha, NE 68106
Freestanding office building with on-site paved parking and a central Midtown Omaha setting.
Property Size874 SF
Price / SF$314.65
Days on Market98
Property Features for 6842 Pacific St
General Information
Standard status
Active
Size
874 SF
Property subtype
Retail
Zoning
General Office
Site & Location
Neighborhood
Elmwood Park Neighborhood Association
Building Details
Year Built
1947
Listing Agency:
Investors Realty Inc
Listed By:
Dan Grant
(402) 769-7584
Source:
Investorsomaha
Added: Jul 23
Changed: Oct 25
Last Checked: Oct 26 at 1:38PM
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 Investors Realty Inc
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Investment Insights
Based on property information with market context.
Freestanding office building offering 874 SF of flexible general office space. The property is positioned for visibility along Pacific Street and provides the privacy associated with a standalone building, including opportunities for signage. On-site paved parking supports straightforward customer or staff access.
Located in Midtown Omaha near UNO, Aksarben Village, UNMC, and the Dundee neighborhood, the building offers convenient access to multiple established commercial and employment areas.
Zoned for general office use, the space is well-suited for an owner-user or professional office, boutique business, or specialty service provider.
Located in Midtown Omaha near UNO, Aksarben Village, UNMC, and the Dundee neighborhood, the building offers convenient access to multiple established commercial and employment areas.
Zoned for general office use, the space is well-suited for an owner-user or professional office, boutique business, or specialty service provider.
Key Highlights
- 874 SF freestanding office building built in 1947 in Midtown Omaha along Pacific Street
- On‑site paved parking for tenants and visitors
- Convenient Midtown Omaha access to UNO, Aksarben Village, UNMC, and the Dundee neighborhood
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$11,949
Cap Rate
4.35%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$238,980
$239.0K
Cap Rate 7%
$170,700
$170.7K
Cap Rate 9%
$132,767
$132.8K
Market Conditions
NOI Build-Up for 874 SF
Gross rent
$18.2K $20.88/SF
− Vacancy
−$2.3K −$2.65/SF
EGI
$15.9K $18.23/SF
− OpEx
−$4.0K −$4.56/SF
NOI
$11.9K $13.67/SF
Area
Omaha, NE
Vacancy
12.70%
Lease Rate
$20.88 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$238,980
Cap Rate 7%
$170,700
Cap Rate 9%
$132,767
Alternative Uses
Best Use
Office B
$170.7K
$149.4K – $199.2K
NOI $11,949 @ 7.0% cap · market cap 4.35%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$229.9K
$201.2K – $268.3K
NOI $16,096 @ 7.0% cap · market cap 5.85%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
806
Businesses Nearby
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Business Placement
Demographics for 68106, NE
21,871
Population
10,935
Households
2
Avg Household Size
34
Median Age
48%
College-Educated
94%
High-School Grad
5.2 sq mi
ZIP Area
4,206
Density / Sq Mi
$70,649
Median Household Income
$46,958
Median Earnings
$1,234
Median Rent
$202,900
Median Home Value
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Market
Vacancy Rate% for Office in Omaha, NE
Frequently Asked Questions
What type of property is this?
Office unit - Freestanding office building with on-site paved parking and a central Midtown Omaha setting.
Where is this office unit located?
The property is located at 6842 Pacific St Omaha, NE.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: 874 SF freestanding office building built in 1947 in Midtown Omaha along Pacific Street; On‑site paved parking for tenants and visitors; Convenient Midtown Omaha access to UNO, Aksarben Village, UNMC, and the Dundee neighborhood
