Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    1115 Harney St Omaha, NE 68102

    • Commercial real estate
    • 21,736 SF
    • 0.13 lot acres
    For Lease
    View listing
    $20 SF/Yr
    Value Estimation
    $540,000
    Location Intelligence
    Property ID
    US57-0178520
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Milestone Development / Apartment Rental Agency

    Property Details for 1115 Harney St

    Year built
    1900
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.13 lot acres
    Property size
    21,736 SF
    Property type
    Commercial real estate
    APN
    642896002
    APU
    642896002

    Description

    This exceptional 4,122 square foot retail/office space, located at 1115 Harney Street in Omaha's vibrant Old Market, presents a unique opportunity. Situated in a Class C building constructed in 1900, this single-tenant property boasts a captivating blend of historic character and modern functionality. The building, a four-story structure with one elevator, offers abundant natural light, enhancing the appeal of the open floor plan. Original features such as exposed brick walls and hardwood floors add to the space's unique charm. The property's location at the intersection of 12th and Harney Streets ensures high visibility and significant daytime foot traffic. Ideal for a retail business or office user, this space is zoned CBD-ACI-1 (PL) - *LL. The total building size is 21,736 square feet, situated on a 0.13-acre lot. The property's APN is 0642896002. Previously used as an art gallery, this space is ready for its next chapter. Its prime location within the Old Market ensures a thriving environment for any business. The property's historical significance and modern amenities combine to create a truly exceptional offering. Don't miss this chance to secure a prominent space in Omaha's dynamic Old Market district.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $515,000

    • CAP approach

      CAP return
      Estimation
      6%
      $690,000
      6.5%
      $665,000
      7%
      $685,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $580,000
      Geo Method
      $570,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $575,000
      Retail
      $670,000
      Mixed-Use
      $655,000
      Hospitality
      $635,000
      Educational
      $550,000
      Residential Income
      $630,000
      Energy
      $615,000
      Income-Based Land
      $645,000
      Food Service
      $630,000

    Location Insight

    • Map
    • Local Demand
    City
    Omaha
    County
    Douglas
    State
    Nebraska
    Longitude
    -95.9314
    Latitude
    41.2562
    CBSA code
    36540
    CBSA name
    OMAHA-COUNCIL BLUFFS, NE-IA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $19,809
    $154,700
    $784,200
    $938,900
    -
    $154,700
    $784,200
    $938,900

    Comparable in this City

    • Value Estimation by Request
      543 SF

      1012 Douglas St, Unit 505

      COMMERCIAL (GENERAL) • 543 SF
      1012 Douglas St, Omaha, NE 68102-1860
      View Details
    • Value Estimation by Request
      41,080 SF

      2222 Davenport St

      COMMERCIAL (GENERAL) • 41,080 SF
      2222 Davenport St, Omaha, NE 68102-1253
      View Details
    • Value Estimation by Request
      18,164 SF

      1102 Howard St

      COMMERCIAL (GENERAL) • 18,164 SF
      1102 Howard St, Omaha, NE 68102-2817
      View Details
    • Value Estimation by Request
      86,740 SF

      1105 Howard St

      COMMERCIAL (GENERAL) • 86,740 SF
      1105 Howard St, Omaha, NE 68102-2841
      View Details
    • Value Estimation by Request
      542 SF

      1012 Douglas St, Unit 405

      COMMERCIAL (GENERAL) • 542 SF
      1012 Douglas St, Omaha, NE 68102-1862
      View Details
    • Value Estimation by Request
      408 SF

      604 22nd St, Unit 1002

      COMMERCIAL (GENERAL) • 408 SF
      604 22nd St, Omaha, NE 68102-3030
      View Details

    Similar Nearby for Sale

    • $2,495,000
      36,740 SF

      Vantage Pointe: Omaha Office Redevelopment

      Downtown Omaha Office Building - Redevelopment Opportunity
      1818 Leavenworth St, Omaha, NE 68102
      View Details
    • $4,495,000
      26,144 SF

      Omaha's National Building

      Historic Office & Retail Investment
      406 12Th St, Omaha, NE 68102
      View Details
    • $4,495,000
      26,144 SF

      Iconic Building in Old Market

      Office building with redevelopment potential in Omaha's Old Market.
      406 S 12Th St, Omaha, NE 68102
      View Details
    • $1,685,000
      6,776 SF

      Prime Old Market Retail Space

      Retail space in a prominent downtown Omaha location.
      501 S 13Th St, Omaha, NE 68102
      View Details
    • Contact for pricing

      Vacant Lot in Omaha

      Vacant lot with endless potential in the heart of Omaha.
      2710 Howard St, Omaha, NE 68102
      View Details
    • $595,000
      2,170 SF

      SoMa Home with Skyline Views

      Meticulously maintained home in SoMa with stunning skyline views.
      1135 Leavenworth St, Omaha, NE 68102
      View Details

    Similar Nearby for Lease

    • $20 SF/Yr
      84,582 SF

      Omaha Office Space: Nova Building

      Modern Omaha office space, flexible layouts.
      1001 12Th St, Omaha, NE 68102
      View Details
    • $16 SF/Yr
      220,000 SF

      Downtown Omaha Creative Office Space

      Modern Office Suites, 725-5,461 SF
      1200 12Th St, Omaha, NE 68102
      View Details
    • $15 SF/Yr
      60,912 SF

      Keeline Building: Omaha Office Space

      Downtown Omaha Office Suites Available
      319 17Th St, Omaha, NE 68102
      View Details
    • $5 SF/Yr
      346,277 SF

      Downtown Omaha Office Space

      Historic B-Class building, multiple suites available.
      210 Douglas St, Omaha, NE 68102
      View Details
    • $30 SF/Yr
      8,712 SF

      Old Market Retail Space Available

      Prime Omaha location, 2,904-5,798 sqft, renovated 2024.
      1211 Howard St, Omaha, NE 68102
      View Details
    • $16 SF/Yr
      31,098 SF

      Omaha Retail Space - Prime Location

      Historic building, flexible spaces available.
      500 18Th St, Omaha, NE 68102
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1115 Harney St
    Omaha, NE 68102
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.