Commercial Real Estate Market in Omaha, NE
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
813 active listings and 13,381 off-market properties in Omaha, NE. Commercial property asks $147/SF to buy and $16.50/SF/Yr to lease. Office vacancy runs 11.9%, the loosest of the segments tracked here.
Market Trends
Omaha, NE spans 235.6 square miles in Douglas County, Nebraska. Figures below refresh monthly; last updated 31 October 2026.
Office
Office space in Omaha, NE asks $17.46/SF/Yr to lease; the median asking sale price is $156/SF. Vacancy runs 11.9% in 2025, up from 5.5% in 2019. Down from a 2021 peak of 14.2%.
Typical asking range for active listings in Omaha, NE (the middle half): Lease $12.66–$22.88/SF/Yr (median $16.50/SF/Yr, 142 listings); Sale $110–$218/SF (median $156/SF, 23 listings).
Retail
Retail space in Omaha, NE asks $18.02/SF/Yr to lease; the median asking sale price is $192/SF. Vacancy runs 5.8% in 2025, down from 7.6% in 2019. Down from a 2020 peak of 10.2%.
Typical asking range for active listings in Omaha, NE (the middle half): Lease $14.50–$22.00/SF/Yr (median $17.50/SF/Yr, 83 listings); Sale $143–$212/SF (median $192/SF, 16 listings).
Industrial
Industrial space in Omaha, NE has a median asking sale price of $128/SF. Vacancy runs 2.5% in 2025, up from 1.9% in 2019.
Typical asking range for active listings in Omaha, NE (the middle half): Lease $8.75–$11.88/SF/Yr (median $9.97/SF/Yr, 30 listings); Sale $102–$154/SF (median $128/SF, 15 listings).
Multifamily
Multifamily space in Omaha, NE has a median asking sale price of $142/SF. Vacancy runs 8% across the Midwest region in 2025, up from 6.5% in 2022.
Typical asking range for active listings in Omaha, NE (the middle half): Sale $112–$152/SF (median $142/SF, 41 listings).
Zoning & Land Use
Land Use Mix share of zoned land by category
- Agricultural 43.8%
- Residential 35.9%
- Industrial 7.4%
- Commercial 3.8%
- Civic 3%
- Mixed use 2.8%
- Planned_development 1.7%
- Special 1%
Largest Zones share of zoned land by district
The AG agricultural district is intended to encourage and continue agricultural and rural uses in outlying parts of the city's zoning jurisdiction.
Market overview
Demographics & Economy
Omaha, NE has 582,201 residents in 246,393 households. Density runs 2,471 people per square mile. Median household income here is $82,521 and median gross rent $1,241 a month.
Tools
Frequently Asked Questions
What is the median price per square foot for commercial property in Omaha?
How much does it cost to lease commercial space in Omaha?
What is the office vacancy rate in Omaha?
Which property type has the lowest vacancy in Omaha?
Where does Realmo's Omaha market data come from?
Methodology & data sources
- Asking prices and medians
- There are 278 active for-sale and 535 active for-lease listings in Omaha, NE. The medians are based on 94 of the for-sale and 241 of the for-lease listings, those that state a price or rent per square foot. These are ASKING figures from live listings, not closed-transaction prices, and a figure resting on fewer than 10 listings says so where it is quoted.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Zoning and land use
- The current municipal zoning release: 137,104 zoned acres across 322 districts. Shares are of zoned land, so parcels the release leaves unclassified are excluded from the mix.
- Refresh
- The monthly aggregates close at the end of the previous month, so 31 October 2026 — not today — is the honest last update.
- Known limitations
- multifamily vacancy is reported at Midwest region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 31 October 2026 · How Realmo checks market page data · Report a data issue
