20109 Franklin CirOmaha, NE 68022

Property Details for 20109 Franklin Cir

Lot size

0.99 AC

Property type

Land

Property subtype

Commercial land

APN

1852600000

APU

1852600000

Description

This exceptional 7,500-square-foot flex building in Omaha's desirable Elkhorn area presents a lucrative investment opportunity. Built in 2023, this property boasts five individual units, each with its own bathroom and individually metered utilities, perfect for owner-users or investors seeking diverse income streams. The asking price is $1,750,000, translating to $233.33 per square foot and $350,000 per unit. Situated on a one-acre lot zoned Community Commercial, this property offers significant flexibility. The building features a substantial 17-foot ceiling height, adding to its versatility. Located just minutes from the West Dodge Expressway, this prime location ensures easy access and high visibility. This development, Elkhorn Edge Business Park, already has two buildings sold and fully leased, demonstrating strong market demand. The developer is actively involved in assisting future buyers with tenant placement, further enhancing the investment potential. This is a rare opportunity to acquire a modern, well-located flex space in a thriving Omaha neighborhood. The property is currently vacant, allowing for immediate occupancy or lease-up.

• Alternative Use

  Use

  Valuation

  Residential

  $9,872,751

  Hospitality

  $9,043,387

  Educational

  $7,523,992

  Medical

  $7,782,754

  Retail

  $11,703,987

Location Insight

City

Elkhorn

County

Douglas

State

Nebraska

Latitude

41.274

Longitude

-96.2319

CBSA code

36540

CBSA name

OMAHA-COUNCIL BLUFFS, NE-IA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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