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Property profile & analytics

10826 Farnam Dr Omaha, NE 68154

  • Office buildings
  • 75,110 SF
  • 3.85 lot acres
For Sale
Last Sale
Jan 24, 2020
$15,500,000
Value Estimations
Cap Rate Potential
7%
Office buildings
Location Intelligence
Property ID
US57-0259435
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

  • Three Exchange Building / Corporate Office
  • Prime Therapeutics: Guyott Brenda / Health Insurance Agency

Property Details for 10826 Farnam Dr

Year built
1986
Lot size
3.85 lot acres
Property size
75,110 SF
Zone code
GO
Property type
Office buildings
APN
1258703012
APU
1258703012

Description

This exceptional Omaha office complex, situated at 10826 Farnam Dr, offers 122,013 square feet of prime commercial space across two buildings. The property boasts a desirable location at the intersection of I-680 and West Dodge Road in Douglas County, Nebraska, zip code 68154. Built in 1986 and extensively renovated in 2009, the buildings feature upgraded electrical and HVAC systems, ensuring efficient and comfortable operation. The complex includes a generous 6.75-acre lot with an impressive 6.5:1 parking ratio, accommodated by a covered parking structure. Further enhancing its appeal are exceptional creative office build-outs, an on-site deli, numerous breakout areas, huddle rooms, and a game room, catering to modern workplace needs. Redundant power systems are in place, including three 750 kW diesel generators and battery backup systems, ensuring business continuity. Each building benefits from two separate substations from OPPD, providing reliable power. The asking price for this exceptional property is $17,081,820, translating to $140 per square foot. Building sizes are 74,289 SF and 47,724 SF respectively. This is a rare opportunity to acquire a well-maintained, technologically advanced, and conveniently located office complex in a thriving Omaha market.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    Statistic approach
    $15,620,000
    ML approach
    $10,140,000
  • CAP approach

    CAP Return
    Estimation
    6%
    $18,255,000
    6.5%
    $16,850,000
    7%
    $15,645,000
  • Alternative Use

    Use
    Estimation
    OFFICE BUILDING
    $10,930,000
    Current use
    RESTAURANT
    $24,660,000
    Change: +126% Conversion: Moderate
    NEIGHBORHOOD: SHOPPING CENTER
    $14,035,000
    Change: +28% Conversion: Difficult
    RETAIL STORES
    $11,735,000
    Change: +7% Conversion: Moderate
    MEDICAL BUILDING
    $11,345,000
    Change: +4% Conversion: Easy
    AUTO REPAIR, GARAGE
    $11,145,000
    Change: +2% Conversion: Difficult
    COMMERCIAL (GENERAL)
    $10,520,000
    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
-96.0794
Latitude
41.2586
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
$154,015
$1,377,300
$5,922,700
$7,300,000
-
$1,377,300
$5,922,700
$7,300,000
More about this property
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