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New Construction Office Building
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1630 N Main St, Omaha, NE 68022

One-story office building suitable for owner-user or investment.

Property Size11,180 SF
Price / SF$295.17
Days on Market722

Property Features for 1630 N Main St

General Information

Standard status Active
Size 11,180 SF
Property subtype Office

Building Details

Year Built 2024
Buildings 1
Stories 1
Listing Agency: Lee & Associates - Lincoln
Listed By: Daniel J. Goaley · License #NE 20061147
Source: Crexi
Added: Oct 17, 2024 Changed: Sep 26 Last Checked: Oct 7 at 10:36AM

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 Lee & Associates - Lincoln

Investment Insights

Based on property information with market context.

This is a one-story new construction office building. The property has a size of 11180 square feet. It is positioned as a suitable location for an owner/user or as an investment property.

Key Highlights

  • New construction (2024)
  • One‑story building
  • Perfect location

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$152,844
Cap Rate
4.63%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,056,880 $3.1M
Cap Rate 7%
$2,183,486 $2.2M
Cap Rate 9%
$1,698,267 $1.7M
Market Conditions
NOI Build-Up for 11,180 SF
Gross rent
$233.4K $20.88/SF
− Vacancy
−$29.6K −$2.65/SF
EGI
$203.8K $18.23/SF
− OpEx
−$50.9K −$4.56/SF
NOI
$152.8K $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%
$3,056,880
Cap Rate 7%
$2,183,486
Cap Rate 9%
$1,698,267

Alternative Uses

Best Use
Office B
$2.18M
$1.91M – $2.55M (±1% cap)
NOI $152,844 @ 7.0% cap · market cap 4.63%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.94M
$2.57M – $3.43M (±1% cap)
NOI $205,898 @ 7.0% cap · market cap 6.24%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Office buildings

Suggested Use

Top Pick Auto Parts Store Pharmacy Law Firm (Bike/Boat/Book/etc) Store Hotel & Motel Carpet & Flooring Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

596
Businesses Nearby

Demographics for 68022, NE

30,996
Population
12,521
Households
2.5
Avg Household Size
35
Median Age
64%
College-Educated
99%
High-School Grad
38.0 sq mi
ZIP Area
816
Density / Sq Mi
$139,713
Median Household Income
$70,971
Median Earnings
$1,404
Median Rent
$452,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in Omaha, NE

5.5% 2019
13.2% 2020
14.2% 2021
12.6% 2022
11.7% 2023
13.7% 2024
11.9% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Office building - One-story office building suitable for owner-user or investment.
Where is this office building located?
The property is located at 1630 N Main St Omaha, NE.
What is the asking price?
The asking price for this property is $3,300,000.
What are key features of this property?
This property features: New construction (2024); One‑story building; Perfect location
(402) 690-0400 Call to check price and availability
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