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    5005 153Rd St Omaha, NE 68137

    Sponsored
    For Sale
    $1,935,120

    12,120 SF Office Condo, 100% Occupied

    Property size:
    12,120 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional owner-user opportunity presents a 12,120-square-foot Class B office condominium in Omaha, Nebraska's Southwest submarket. Located within the Walnut Grove Business Park at 5005 S 153rd St, zip code 68137, this two-story building, constructed in 2006, boasts a highly functional layout with a blend of open space, private offices, conference rooms, and break rooms. The property features abundant natural light from perimeter windows. Currently 100% occupied under a lease expiring June 2026, offering flexibility for immediate occupancy or continued lease income. The space is divisible into two units: 5,472 square feet (Suites 202 & 204) and 6,648 square feet (Suites 201, 203, & 205). One tenant is open to early lease termination with short notice. The current annual rent is $189,708 plus operating expenses. The asking price is $1,935,120, translating to $159.66 per square foot. This represents a significant value compared to the cost of constructing a similar asset. The property is zoned MU and situated within a thriving business park offering convenient amenities including a bank, medical offices, restaurants, gym, Walgreens, financial services, and a coffee shop. This is a rare opportunity to acquire a well-located, functional, and income-producing office condominium in a high-demand area.

    Property Features for 5005 153Rd St

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    12,120 SF
    Class
    B

    Building Details

    Year Built
    2006
    Buildings
    1
    Stories
    2

    HighLights

    • Walnut Grove Business Park location at 156th & Q Street, with nearby amenities including bank, medical offices, restaurants, gym, Walgreens, financial services, and Scooters Coffee.
    • Functional layout featuring open space, private offices, conference/training rooms, and break rooms.
    • Abundant natural light from perimeter windows.
    • Below replacement cost, offering quick occupancy upon closing.
    Property Profile Location Intelligence

    Current Use by Public Records

    Alegent Health Dermatology Medical Center Walnut Grove Smiles: ... Dentist Worldview Ltd Software Company Maggie Arnett Nurse Practitioner Tammi A. Hemje, APRN Doctor

    Suggested Use

    Realty agency Law Firm Restaurant 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
    -96.153509528054
    Latitude
    41.208514148791

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    FAQs

    What type of property is this?
    Office Property / Space - 12,120 SF Office Condo, 100% Occupied
    Where is this office property / space located?
    The property is located at 5005 153Rd St Omaha, NE.
    What is the asking price?
    The asking price for this property is $1,935,120.
    What are key features of this property?
    This property features: Walnut Grove Business Park location at 156th & Q Street, with nearby amenities including bank, medical offices, restaurants, gym, Walgreens, financial services, and Scooters Coffee.; Functional layout featuring open space, private offices, conference/training rooms, and break rooms.; Abundant natural light from perimeter windows.
    (402) 330-8000
    Request Owner's contact information
    5005 153Rd St Omaha, NE 68137
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    Omaha, NE 68137
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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
    5005 153Rd St Omaha, NE 68137
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