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9802 Nicholas St, Omaha, NE 68114

Office space available for lease in Omaha, Nebraska.

Property Size3,361 SF
Price / SF$238.02
Days on Market338

Property Features for 9802 Nicholas St

General Information

Standard status Active
Size 3,361 SF
Class C
Property subtype Office

Site & Location

Neighborhood One Omaha
Listing Agency: DP Management, LLC
Listed By: Johnathan Patterson · License #20240062
Source: Crexi
Added: Nov 24, 2025 Changed: Oct 25 Last Checked: Oct 28 at 4:36AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of DP Management, LLC

Rey
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This office space, located at 9802 Nicholas St in Omaha, Nebraska, offers 3,361 square feet of area for rent.

Key Highlights

  • Office space available for lease
  • Located in Omaha, Nebraska

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$45,949
Cap Rate
5.74%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$918,980 $919.0K
Cap Rate 7%
$656,414 $656.4K
Cap Rate 9%
$510,544 $510.5K
Market Conditions
NOI Build-Up for 3,361 SF
Gross rent
$70.2K $20.88/SF
− Vacancy
−$8.9K −$2.65/SF
EGI
$61.3K $18.23/SF
− OpEx
−$15.3K −$4.56/SF
NOI
$45.9K $13.67/SF
Area
Omaha, NE
Vacancy
12.70%
Lease Rate
$20.88 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$918,980
Cap Rate 7%
$656,414
Cap Rate 9%
$510,544

Alternative Uses

Best Use
Office B
$656.4K
$574.4K – $765.8K (±1% cap)
NOI $45,949 @ 7.0% cap · market cap 5.74%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$884.3K
$773.7K – $1.03M (±1% cap)
NOI $61,898 @ 7.0% cap · market cap 7.74%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Mervin Reese Photograpy Photography Service Bloomfield Hills Professional ... Physician Dr. Julie L. ... Pediatrician Cheri Andersen, EXP ... Real Estate Agency The Law Office of James ... Law Firm

Suggested Use

Top Pick Building Supply Restaurant Real Estate Agency HVAC Service Auto Parts Store Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,376
Businesses Nearby

Demographics for 68114, NE

18,078
Population
8,437
Households
2.1
Avg Household Size
38
Median Age
52%
College-Educated
97%
High-School Grad
5.8 sq mi
ZIP Area
3,117
Density / Sq Mi
$73,361
Median Household Income
$44,430
Median Earnings
$1,220
Median Rent
$273,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in Omaha, NE

5.5% 2019
13.2% 2020
14.2% 2021
12.6% 2022
11.7% 2023
13.7% 2024
11.9% 2025

Frequently Asked Questions

What type of property is this?
Office unit - Office space available for lease in Omaha, Nebraska.
Where is this office unit located?
The property is located at 9802 Nicholas St Omaha, NE.
What is the asking price?
The asking price for this property is $800,000.
What are key features of this property?
This property features: Office space available for lease; Located in Omaha, Nebraska
(402) 493-2800 Call to check price and availability
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Includes: Price & PSF · Cap rate · Location · Zoning

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