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    120 31St Ave Omaha, NE 68131

    Sponsored
    For Lease
    $22 SF/Yr

    Omaha office suites, prime location.

    Lot size:
    21,890 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional Omaha, Nebraska office building, constructed in 2010, offers a variety of flexible spaces ideal for businesses of all sizes. Located at 120 S 31st Ave, near the intersection of 31st Ave & Dodge Street, this seven-story building boasts a total of 21,890 square feet, with five individual suites available. Currently, 12,294 square feet of vacant space is ready for immediate occupancy, divisible into units ranging from 2,516 to 8,778 contiguous square feet. The building features a traditional office layout, but also caters to executive office needs, coworking arrangements, and creative office designs. Tenants will benefit from the building's prominent location along busy Dodge Street, offering excellent visibility and accessibility. The property sits on a 24,148 square foot lot and includes nine parking spaces on-site, with an additional 2,400 garage parking stalls conveniently located nearby. The zoning is MU-ACI-1(PL). Overlooking Turner Park, this property presents a unique opportunity to establish a thriving business in a vibrant and desirable location. The available spaces are ready for tenant build-out, allowing for complete customization to meet specific business requirements. This is a rare opportunity to secure prime office space in the heart of Omaha's Midtown Crossing.

    Property Features for 120 31St Ave

    General Information

    Property type
    Office space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    21,890 SF
    Total Rate
    40131.67

    Building Details

    Year Built
    2010
    Buildings
    1
    Stories
    7

    Unit(s) available at that property

    Space
    5108
    Size
    3,516 SF
    Rate per SF
    $22
    Space
    5109
    Size
    2,516 SF
    Rate per SF
    $22
    Space
    5110
    Size
    6,262 SF
    Rate per SF
    $22

    HighLights

    • Prime first‑floor office space with spec‑built and warm shell options available.
    • Over 100 feet of frontage on Dodge Street provides excellent visibility.
    • Coveted endcap location for high visibility and accessibility.
    • Prestigious building with tenants including Visit Omaha and Project Resources Group.
    • Scenic views of Turner Park from suites.
    • Suites 5109 and 5110 combinable for 8,197 square feet.
    Property Profile Location Intelligence

    Current Use by Public Records

    Ashton Page Social Worker Project Advocates Corporate Office Grane Bar & Grill Proof Bar Visit Omaha Administrative ... Convention Information Bureau

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Omaha
    County
    Douglas
    State
    Nebraska
    Longitude
    -95.959711874228
    Latitude
    41.259336718313

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    FAQs

    What type of property is this?
    Office space - Omaha office suites, prime location.
    Where is this office space located?
    The property is located at 120 31St Ave Omaha, NE.
    What is the lease rate?
    The lease rate is $22 SF/Yr.
    What are key features of this property?
    This property features: Prime first-floor office space with spec-built and warm shell options available.; Over 100 feet of frontage on Dodge Street provides excellent visibility.; Coveted endcap location for high visibility and accessibility.
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    120 31St Ave Omaha, NE 68131
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