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    500 18Th St Omaha, NE 68102

    For Lease
    $16 SF/Yr

    Historic building, flexible spaces available.

    Lot size:
    31,098 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    The Standard Oil Building, a historic six-story Class B building constructed in 1921, offers exceptional retail and restaurant opportunities in Omaha, Nebraska. Located at 500 S 18th St, this property boasts a total of 31,098 square feet, situated on a 0.3-acre lot in Douglas County (zip code 68102). The building features multiple tenancies, with spaces ranging from a minimum of 594 square feet to a maximum contiguous space of 3,125 square feet. Currently, 3,719 square feet are vacant and ready for immediate occupancy. The building offers 14 total parking spaces. Ideal for a variety of uses, this property presents a unique chance to establish a business in a vibrant, established area. Lease rates are competitive, with options available to suit various business needs. The building's rich history and prime location provide an unparalleled opportunity for growth and success. Inquire today to learn more about the available spaces and lease terms.

    Property Features for 500 18Th St

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    31,098 SF
    Class
    B
    Total Rate
    41464

    Building Details

    Year Built
    1921
    Buildings
    1
    Stories
    6

    Unit(s) available at that property

    Space
    Suite 1
    Size
    3,125 SF
    Rate per SF
    $16
    Space
    Suite 2
    Size
    594 SF
    Rate per SF
    $16

    HighLights

    • Historic six‑story Class B building constructed in 1921.
    • 14 surface parking spaces; on‑street metered parking also available.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Standard Building Apartment Building Redfield Building Apartment Building

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Omaha
    County
    Douglas
    State
    Nebraska
    Longitude
    -95.939816467268
    Latitude
    41.255422944745

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    FAQs

    What type of property is this?
    Restaurant - Historic building, flexible spaces available.
    Where is this restaurant located?
    The property is located at 500 18Th St Omaha, NE.
    What is the lease rate?
    The lease rate is $16 SF/Yr.
    What are key features of this property?
    This property features: Historic six-story Class B building constructed in 1921.; 14 surface parking spaces; on-street metered parking also available.;
    Request Owner's contact information
    500 18Th St Omaha, NE 68102
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    Omaha, NE 68102
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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
    500 18Th St Omaha, NE 68102
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