I-1 Industrial
For Sale
Contact for pricing
8840 South 137th Circle, Omaha, NE 68138
Industrial warehouse property with an occupied tenant area and sale or lease availability.
Property Size50,800 SF
Price / SF$170
Days on Market99
Property Features for 8840 South 137th Circle
General Information
Standard status
Active
Size
50,800 SF
Total Parking Spaces
80
Property subtype
Industrial
Zoning
I-1
Lease Type
NNN
Building Details
Year Built
1997
Buildings
1
Stories
1
Tenancy
Multi
Building Size
50,800 SF
Listing Agency:
CBRE - Omaha
Listed By:
Graham Nabity · License #NE 20170486
(402) 697-5814
Source:
Crexi
Added: Jul 31
Changed: Oct 25
Last Checked: Nov 6 at 5:41AM
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
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
The property is a 50,800-square-foot warehouse building constructed in 1997 and classified under I-1 zoning. An 10,800-square-foot portion is occupied by Superior Door, creating an existing tenant component within the facility.
Located at 8840 South 137th Circle in Omaha, Nebraska, the building is offered for sale or lease. The property’s warehouse classification and industrial zoning support its commercial operating profile.
Located at 8840 South 137th Circle in Omaha, Nebraska, the building is offered for sale or lease. The property’s warehouse classification and industrial zoning support its commercial operating profile.
Key Highlights
- 50,800 SF warehouse building
- 10,800 SF occupied by Superior Door
- I‑1 zoning
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$628,269
Cap Rate
7.27%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$12,565,380
$12.6M
Cap Rate 7%
$8,975,271
$9.0M
Cap Rate 9%
$6,980,767
$7.0M
Market Conditions
NOI Build-Up for 50,800 SF
Gross rent
$762.0K $15.00/SF
− Vacancy
−$22.9K −$0.45/SF
EGI
$739.1K $14.55/SF
− OpEx
−$110.9K −$2.18/SF
NOI
$628.3K $12.37/SF
Area
Omaha, NE
Vacancy
3.00%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$12,565,380
Cap Rate 7%
$8,975,271
Cap Rate 9%
$6,980,767
Alternative Uses
Best Use
Warehouse
$8.98M
$7.85M – $10.47M
NOI $628,269 @ 7.0% cap · market cap 7.27%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$13.37M
$11.69M – $15.59M
NOI $935,565 @ 7.0% cap · market cap 10.83%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
261
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 68138, NE
12,327
Population
4,889
Households
2.5
Avg Household Size
35
Median Age
37%
College-Educated
97%
High-School Grad
11.1 sq mi
ZIP Area
1,111
Density / Sq Mi
$82,555
Median Household Income
$46,595
Median Earnings
$1,149
Median Rent
$222,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in Omaha, NE
Similar Off Market Nearby
- UNITS Moving and Portable Storage of Omaha — 14565 Portal Cir #107, La Vista, NE 68138
- Peak 5 Packaging LLC — 8550 S 137th Cir, Omaha, NE 68138
- South Pacific Storage — 13401 Giles Rd, Omaha, NE 68138
Frequently Asked Questions
What type of property is this?
Warehouse - Industrial warehouse property with an occupied tenant area and sale or lease availability.
Where is this warehouse located?
The property is located at 8840 South 137th Circle Omaha, NE.
What is the asking price?
The asking price for this property is $8,636,000.
What are key features of this property?
This property features: 50,800 SF warehouse building; 10,800 SF occupied by Superior Door; I‑1 zoning
