10826 Farnam Dr Omaha, NE 68154
- Office buildings
- 75,110 SF
- 3.85 lot acres
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
-
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
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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