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    1818 Leavenworth St Omaha, NE 68102

    Sponsored
    For Sale
    $2,495,000

    Downtown Omaha Office Building - Redevelopment Opportunity

    Property size:
    36,740 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional redevelopment opportunity presents a vacant, three-story Class B office building situated on a 1.09-acre lot in Omaha, Nebraska's vibrant downtown core. Located at 1818 Leavenworth Street, between 18th and 19th Streets, this 36,740 square foot building, constructed in 1936, offers significant potential for adaptive reuse. The property is currently vacant, allowing for immediate development. Most interior improvements have been removed, with the exception of stairways and elevators, providing a clean slate for a modern design. The building includes a basement and garage. The permitted zoning is Downtown Service. The asking price is $2,495,000, translating to $67.91 per square foot. This prime location and substantial square footage make this a compelling investment prospect for developers seeking a high-impact project in a thriving urban setting. The property offers approximately 4 parking spaces per 1000 square feet. This is a unique chance to reshape a piece of Omaha's history into a contemporary asset.

    Property Features for 1818 Leavenworth St

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    36,740 SF
    Class
    B
    Lot Size
    47,480 SF

    Building Details

    Year Built
    1936
    Buildings
    1
    Stories
    3

    HighLights

    • Sale Price: $2,495,000
    • Building Size: 36,740 square feet
    • Year Built: 1936
    • Number of Floors: Three stories, plus basement and garage
    • Total Site Area: 1.09 acres
    • Zoning: Downtown Service
    Property Profile Location Intelligence

    Current Use by Public Records

    Computer club College

    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
    -95.9404343
    Latitude
    41.2527077

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    FAQs

    What type of property is this?
    Office Property / Space - Downtown Omaha Office Building - Redevelopment Opportunity
    Where is this office property / space located?
    The property is located at 1818 Leavenworth St Omaha, NE.
    What is the asking price?
    The asking price for this property is $2,495,000.
    What are key features of this property?
    This property features: Sale Price: $2,495,000; Building Size: 36,740 square feet; Year Built: 1936
    (402) 393-8811
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    1818 Leavenworth St 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
    1818 Leavenworth St Omaha, NE 68102
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