Property profile & analytics
1045 115th St Omaha, NE 68154-4422
- Office buildings
- 28,469 SF
- 1.35 lot acres
OFF-MARKET
Value Estimations
$2,990,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US57-1152352
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
- Video King Gaming Systems / Factory / Production Facility
- Hartland Renewable Fuels / Big Box & Wholesale Store
- Video King / Corporate Office
- CenterWell Home Health - Omaha / Home Health Care Service
- Make Sense Therapy, LLC / Counselor
Property Details for 1045 115th St
- Year built
- 1985
- Lot size
- 1.35 lot acres
- Property size
- 28,469 SF
- Property type
- Office buildings
- APN
- 1755515021
- APU
- 1755515021
Description
Terrace View Plaza, located at 1045 N 115th St, Omaha, NE 68154, presents a unique investment opportunity. This three-story, 25,509 square foot office building, constructed in 1987, offers versatile space ideal for executive, traditional, or medical office uses. The building features 200 parking spaces and elevators for convenient access. Its prime location in the Miracle Hills submarket of Douglas County provides exceptional visibility, fronting a golf course. The space is efficiently designed, maximizing usable area with abundant windowed offices. This property benefits from a central location near the intersection of 114th and Dodge Streets, offering easy access to I-680. The Net Net Net (NNN) lease includes all utilities, simplifying operational costs. The building's prominent position within the complex ensures high visibility and accessibility for tenants and clients. This is a rare opportunity to acquire a well-maintained, strategically located office building in a thriving Omaha submarket.
Value Estimations
based on Realmo’s proprietary methodology
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $3,129,000
Market price range: $2.80M - $5.40M -
Alternative Use
- Use
- Estimation
- OFFICE BUILDING
- $4,140,000 Current use
- RETAIL STORES
- $4,450,000 Change: +7% Conversion: Moderate
- MEDICAL BUILDING
- $4,300,000 Change: +4% Conversion: Easy
- AUTO REPAIR, GARAGE
- $4,225,000 Change: +2% Conversion: Difficult
- COMMERCIAL (GENERAL)
- $3,990,000 Change: -4% Conversion: Easy
Get a detailed, property-specific valuation — fast and free
Location Insight
- Map
- Local Demand
- City
- Omaha
- County
- Douglas
- State
- Nebraska
- Longitude
- -96.0924
- Latitude
- 41.2693
- 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
$50,631
$589,800
$1,810,000
$2,399,800
-
$589,800
$1,810,000
$2,399,800
