14303 U StOmaha, NE 68137

Property Details for 14303 U St

Year built

1976

Lot size

3.33 AC

Property size (Sq ft)

28,794 SF

Zone code

CC

Property type

Retail properties

Property subtype

Drug stores

APN

1745260296

APU

1745260296

Description

This exceptional 12,000 square foot flex space presents a unique investment opportunity in Omaha, Nebraska. Located at 14303 U Street, this property offers convenient access to major thoroughfares and sits adjacent to a thriving CVS Pharmacy in the heart of Millard. The building, constructed in 1976 and renovated in 2010, boasts a total of 28,794 square feet across a single building. The available space is currently in shell condition, providing a blank canvas for a variety of uses. Its zoning designation is 144th & U Street, within Douglas County. The high ceilings, measuring 15 feet 4 inches, offer ample vertical space ideal for retail, storage, or warehouse operations. The property's strategic location offers immediate proximity to other key retail establishments, including Hy-Vee and The Amazing Pizza Machine, as well as the Millard Airport, ensuring high visibility and convenient access for both employees and customers. This multi-tenant building presents a rare chance to secure a substantial space in a prime Omaha location. The property's versatility makes it suitable for a wide range of businesses seeking a well-located and spacious facility. The 12,000 square feet of vacant space is ready for immediate occupancy. This is an excellent opportunity to establish a strong presence in a thriving commercial area.

• CAP approach

  CAP return

  Valuation

  6%

  $7,554,721

  6.5%

  $6,973,588

  7%

  $6,475,475

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,703,507

  Geo Method

  $3,703,507

• Alternative Use

  Use

  Valuation

  Residential

  $5,882,483

  Hospitality

  $5,388,322

  Educational

  $4,483,022

  Medical

  $4,637,199

  Retail

  $6,973,588

Location Insight

City

Omaha

County

Douglas

State

Nebraska

Latitude

41.2022

Longitude

-96.1375

CBSA code

36540

CBSA name

OMAHA-COUNCIL BLUFFS, NE-IA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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