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Property profile

1211 Howard St Omaha, NE 68102

OFF-MARKET
Investment properties
Property ID
US57-0250079
8,712 SF 0.27 ac lot Built 1910
Entity Owned 2-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional commercial property, located at 1211 Howard St in Omaha, Nebraska's vibrant Old Market district, offers a unique opportunity for a variety of businesses. The building, totaling 8,712 square feet across three stories, boasts 2,904 square feet of immediately available space, with a potential total of 5,798 square feet. Recently renovated in 2024, the property is ready for immediate occupancy. The Old Market is a highly sought-after location, known for its blend of historic charm and modern vibrancy. Surrounded by numerous restaurants, art galleries, upscale shops, and entertainment venues, this property benefits from high foot traffic and a strong sense of community. The building features rear parking, providing convenient access for both customers and employees. Its central location within the Old Market, bordered by South 10th, 13th, Farnam, and Jackson Streets, ensures excellent visibility and accessibility. The property's versatility makes it suitable for a range of uses, including restaurants, bars, coffee shops, bakeries, ice cream parlors, catering businesses, art galleries, photography studios, creative agencies, tech companies, or office spaces. This is a rare chance to establish a presence in one of Omaha's most desirable and dynamic neighborhoods. The zip code is 68102.

Property profile

Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1910
Total area 8,712 SF
Lot 0.27 ac (11,880 SF)
APN 315340003
UPID US57-0250079

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1211 Howard St Omaha, NE 68102-2856
Omaha metro Census 1800 OMAHA-COUNCIL BLUFFS, NE-IA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
$445k

Owner & transaction history

since 2024
3 recorded transactions
2024
$2.5M
2019
Price N/A
1969
Price N/A

Zoning & alternative use

Top alternative use upside
Restaurant $2.9M +134.3%
Neighborhood: shopping center $1.6M +33.4%
Retail stores $1.4M +11.5%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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