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    2525 117Th Ave Omaha, NE 68164

    For Sale
    $11,856,500

    103,100 SF, $115/SF, Updated

    Property size:
    103,100 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional three-story executive office building, totaling 103,100 square feet, presents a unique investment opportunity in Omaha, Nebraska. Located at 2525 N 117th Ave, 68164, this property boasts significant recent renovations completed in 2021, complementing its original 1990 construction. The building sits on a generous 7.814-acre lot, providing ample space and a superior parking ratio of 5.5 spaces per 1,000 square feet. Large floor plates offer flexibility for various business needs, with over 50,000 square feet currently available for owner-occupancy. The property benefits from existing tenancy, generating immediate income, and includes the option to acquire in-place furniture. Situated conveniently on the Omaha Metropolitan Area Transit (MAT) bus line, and with easy access to West Maple Road and Interstate 680, this location offers excellent accessibility and visibility. The asking price is $11,856,500, representing a below-market lease rate for potential users. Surrounding area amenities further enhance the property's appeal and investment potential. This is an ideal acquisition for a user-occupant seeking a modern, well-maintained office space with substantial parking and convenient access to major transportation routes.

    Property Features for 2525 117Th Ave

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    103,100 SF
    Lot Size
    340,378 SF

    Building Details

    Year Built/Renovated
    1990/2021
    Stories
    3

    HighLights

    • Significant area amenities.
    • Extensive interior and exterior renovations completed in 2021.
    • Superior parking ratio: 5.5 spaces per 1,000 square feet.
    • Conveniently located on the Omaha Metropolitan Area Transit (MAT) bus line.
    • Excellent access to West Maple Road and Interstate 680.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Nebraska Total Care Health Insurance Agency HorsePower Brands Corporate Office Mighty Dog Roofing Roofing Contractor iFoam Insulation Insulation Contractor Blingle Premier Lighting Lighting Contractor

    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
    -96.0970519
    Latitude
    41.2821678

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    FAQs

    What type of property is this?
    Office Property / Space - 103,100 SF, $115/SF, Updated
    Where is this office property / space located?
    The property is located at 2525 117Th Ave Omaha, NE.
    What is the asking price?
    The asking price for this property is $11,856,500.
    What are key features of this property?
    This property features: Significant area amenities.; Extensive interior and exterior renovations completed in 2021.; Superior parking ratio: 5.5 spaces per 1,000 square feet.
    (402) 763-1755
    Request Owner's contact information
    2525 117Th Ave Omaha, NE 68164
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    Omaha, NE 68164
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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
    2525 117Th Ave Omaha, NE 68164
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