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    1531 18Th St Omaha, NE 68110

    Sponsored
    For Lease
    $6 SF/Yr ($6,385 /Mo)

    11,268 SF Flex Space, North Downtown Omaha

    Lot size:
    11,268 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 11,268-square-foot flex warehouse, situated on a 0.549-acre lot at 1531 N 18th St in Omaha, Nebraska (68110), presents a unique leasing opportunity. Built in 1955 and renovated in 1973, this single-story building offers a versatile space ideal for various industrial and flex uses. The property boasts convenient access to I-480, making transportation and logistics seamless. The interior features 13-foot ceilings, providing ample vertical space, along with existing office space, restrooms, and a full kitchen. Exterior amenities include a substantial 7,300-square-foot fenced and paved yard, perfect for storage or operations. Loading is facilitated by one dock door and a ramped bay door. The property includes eight total parking spaces and benefits from three-phase power. The space is available for lease in its entirety (11,268 square feet) or potentially in smaller portions. The lease rate is $6.80 per square foot, triple net (NNN), with an estimated NNN expense of $2.15 per square foot. This prime location and functional layout make this warehouse an attractive option for businesses seeking a well-maintained and strategically located industrial space in Omaha's North Downtown area. The property is currently vacant.

    Property Features for 1531 18Th St

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    11,268 SF
    Total Rate
    6385.2

    Building Details

    Year Built/Renovated
    1955/1973
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Size
    11,268 SF
    Rate per SF
    $6

    HighLights

    • 11,268 SF flex warehouse on a 0.54‑acre lot in Omaha, NE (68110).
    • Built in 1955, renovated in 1973.
    • Convenient I‑480 access.
    • Features 13' ceilings, office space, restrooms, full kitchen, 7,300 SF paved yard, one dock high door, one ramp door, and eight parking spaces.
    • Three‑phase power.
    • Available for lease as a whole (11,268 SF) or potentially divisible.
    Property Profile Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Omaha
    County
    Douglas
    State
    Nebraska
    Longitude
    -95.9392905
    Latitude
    41.2741167

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    FAQs

    What type of property is this?
    Distribution property - 11,268 SF Flex Space, North Downtown Omaha
    Where is this distribution property located?
    The property is located at 1531 18Th St Omaha, NE.
    What is the lease rate?
    The lease rate is $6 SF/Yr.
    What are key features of this property?
    This property features: 11,268 SF flex warehouse on a 0.54-acre lot in Omaha, NE (68110).; Built in 1955, renovated in 1973.; Convenient I-480 access.
    Request Owner's contact information
    1531 18Th St Omaha, NE 68110
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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
    1531 18Th St Omaha, NE 68110
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