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    4848 120Th St Omaha, NE 68137

    For Lease
    $10 SF/Yr ($10,396 /Mo)

    Prime Location, Multiple Suites Available

    Lot size:
    11,996 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional two-story office building, constructed in 1972, offers a total of 11,996 square feet of traditional office space. Currently, three individual suites are available for lease, ranging in size from 600 to 1,470 square feet. The maximum contiguous space available for lease is 1,470 square feet, ideal for smaller businesses or those seeking a manageable footprint. The building enjoys a highly visible location at the southwest corner of 120th and L Streets in Omaha, a well-established commercial area. This prime location provides excellent accessibility to major roadways, ensuring convenient commutes for employees and clients alike. The surrounding area boasts a variety of local amenities, offering convenience and a vibrant atmosphere for businesses. The building's multiple tenancy structure provides a diverse and dynamic environment. This is an excellent opportunity for businesses seeking a well-situated, functional office space in a thriving Omaha commercial corridor. The building's traditional office layout provides a classic and professional atmosphere. The minimum leasable space is 1,470 square feet, offering a comfortable and efficient workspace. This property presents a rare chance to secure office space in a highly desirable location with easy access to key transportation routes and local conveniences. The building's established presence in the community adds to its appeal and provides a sense of stability.

    Property Features for 4848 120Th St

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    11,996 SF
    Total Rate
    10396.53

    Building Details

    Year Built
    1972
    Stories
    2

    Unit(s) available at that property

    Space
    Suite 410
    Size
    1,470 SF
    Rate per SF
    $10
    Space
    Suite 320
    Size
    670 SF
    Rate per SF
    $13
    Space
    Suite 300
    Size
    600 SF
    Rate per SF
    $14

    HighLights

    • Traditional office building totaling 11,996 square feet.
    • Two‑story building constructed in 1972.
    • Multiple tenant occupancy with suites ranging from 600 to 1,470 square feet available.
    • Minimum divisible space of 1,470 square feet; maximum contiguous space of 1,470 square feet.
    • Excellent visibility and convenient location at the southwest corner of 120th and L Streets in Omaha, with easy access to major roadways and nearby amenities.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Pinpoint Solutions Business Management Consultant Osterfoss Insurance Insurance Agency Timko Accounting & Tax ... Tax Preparation Service Joie Massage Massage Therapist Nebraska Wellness Group Medical Office

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Omaha
    County
    Douglas
    State
    Nebraska
    Longitude
    -96.1012734
    Latitude
    41.2106591

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    FAQs

    What type of property is this?
    Office Property / Space - Prime Location, Multiple Suites Available
    Where is this office property / space located?
    The property is located at 4848 120Th St Omaha, NE.
    What is the lease rate?
    The lease rate is $10-$14 SF/Yr.
    What are key features of this property?
    This property features: Traditional office building totaling 11,996 square feet.; Two-story building constructed in 1972.; Multiple tenant occupancy with suites ranging from 600 to 1,470 square feet available.
    Request Owner's contact information
    4848 120Th St 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
    4848 120Th St Omaha, NE 68137
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