120 31st Ave Omaha, NE 68131-1481
This exceptional Omaha, Nebraska office building, constructed in 2010, offers a variety of flexible spaces ideal for businesses of all sizes. Located at 120 S 31st Ave, near the intersection of 31st Ave & Dodge Street, this seven-story building boasts a total of 21,890 square feet, with five individual suites available. Currently, 12,294 square feet of vacant space is ready for immediate occupancy, divisible into units ranging from 2,516 to 8,778 contiguous square feet. The building features a traditional office layout, but also caters to executive office needs, coworking arrangements, and creative office designs. Tenants will benefit from the building's prominent location along busy Dodge Street, offering excellent visibility and accessibility. The property sits on a 24,148 square foot lot and includes nine parking spaces on-site, with an additional 2,400 garage parking stalls conveniently located nearby. The zoning is MU-ACI-1(PL). Overlooking Turner Park, this property presents a unique opportunity to establish a thriving business in a vibrant and desirable location. The available spaces are ready for tenant build-out, allowing for complete customization to meet specific business requirements. This is a rare opportunity to secure prime office space in the heart of Omaha's Midtown Crossing.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.