Property profile & analytics
11414 Ctr Rd Omaha, NE 68144-4486
- Office buildings
- 59,240 SF
- 2.87 lot acres
OFF-MARKET
Value Estimations
$6,025,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US57-0089696
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
- G4S Secure Solutions (USA) Inc. / Security Service
- Stacy L Moffenbier DDS / Dental Office
- Wees & Low Orthodontics / Dental Office
- Dr. Julie Wees DDS, MS / Dental Office
- ADF Engineering Inc / Engineering Consultant
Property Details for 11414 Ctr Rd
- Year built
- 1972
- Lot size
- 2.87 lot acres
- Property size
- 59,240 SF
- Property type
- Office buildings
- APN
- 1249370005
- APU
- 1249370005
Description
Terrace Plaza offers exceptional office space in the Southwest Omaha submarket of Douglas County. This three-story, Class B building, totaling 56,148 square feet, underwent renovations in 2019, boasting a modern feel within its established structure. Originally built in 1979, the property sits on a 2.57-acre lot and is conveniently located near the intersection of 114th and West Center Road, providing easy access to I-680. The building features ample parking with a ratio of 4.7 spaces per 1000 square feet, and includes elevators for convenient access to all three floors. Currently, there are 1,586 square feet of vacant space available, with a maximum contiguous space of 674 square feet, ideal for small to mid-sized businesses. The property is zoned GO (General Office), ensuring flexibility for various office uses. The lease rate is $17.00 per square foot, full-service. This location offers a great combination of accessibility, ample parking, and updated amenities, making it an attractive option for businesses seeking a well-maintained and conveniently located office space. The building's multiple tenancy structure provides a diverse and vibrant work environment.
Value Estimations
based on Realmo’s proprietary methodology
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $6,456,000
Market price range: $5.44M - $12.7M -
Alternative Use
- Use
- Estimation
- OFFICE BUILDING
- $8,645,000 Current use
- RETAIL STORES
- $9,255,000 Change: +7% Conversion: Moderate
- MEDICAL BUILDING
- $8,945,000 Change: +4% Conversion: Easy
- AUTO REPAIR, GARAGE
- $8,790,000 Change: +2% Conversion: Difficult
- COMMERCIAL (GENERAL)
- $8,300,000 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
- -96.0922
- Latitude
- 41.2347
- 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
$105,766
$456,000
$4,557,100
$5,013,100
-
$456,000
$4,557,100
$5,013,100
