Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    1440 13Th St Omaha, NE 68108

    • Office space
    • 5,400 SF
    • 4.80 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US57-1160218
    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

    • Office space

    Property Details for 1440 13Th St

    Year built
    2025
    Lot size
    4.80 lot acres
    Property size
    5,400 SF
    Property type
    Office space
    Property subtype
    Medical offices

    Description

    This exceptional Class A retail property, located at 1440 S 13th St in Omaha, Nebraska (zip code 68108), offers 5,400 square feet of versatile space, divisible into units as small as 1,000 square feet. The building, a brand-new construction slated for completion in Summer 2025, boasts five stories and sits on a 4.8-acre lot (20,300 square feet) in the vibrant Little Bohemia neighborhood. Ideal for medical offices, creative offices, or restaurants, this multi-tenant building features four suites in total, providing flexibility for various business needs. The property enjoys high visibility and traffic in a rapidly developing area, just south of downtown Omaha. Its location within the upcoming Boho Flats development, which includes 59 market-rate apartments, ensures a thriving and energetic environment. This is a unique chance to establish a presence in one of Omaha's most dynamic cultural hubs. The property's APN is 1521070252. Don't miss this opportunity to secure prime retail space in this exciting new development.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Omaha
    County
    Douglas
    State
    Nebraska
    Longitude
    -95.9333049
    Latitude
    41.24405

    Comparable in this City

    • $17 SF/Yr
      1,036 SF

      Little Bohemia Retail/Office Space

      Retail or office space in historic Prague Hotel Apartment building.
      1402 S 13Th St, Omaha, NE 68108
      View Details
    • $15 SF/Yr
      10,329 SF

      Omaha Historic Coworking Space

      Downtown Omaha: Unique Office Suites Available
      1550 21St St, Omaha, NE 68108
      View Details
    • $23 SF/Yr
      81,935 SF

      Omaha Creative Office Space

      Historic Omaha coworking & office space available.
      950 10Th St, Omaha, NE 68108
      View Details
    • $22 SF/Yr
      5,600 SF

      Turnkey Bar and Restaurant Space

      5,600 SF bar/restaurant with equipment and retail space available.
      812 N 14Th St, Omaha, NE 68108
      View Details
    • $12 SF/Yr
      1,196 SF

      Historic Brick Building Retail Space

      Revitalized retail space with great visibility and ample parking.
      3116 N 24Th St, Omaha, NE 68108
      View Details
    • $8 SF/Yr
      84,937 SF

      Omaha Flex Warehouse For Lease

      Versatile industrial space, 84,937 sq ft
      2200 24Th St, Omaha, NE 68108
      View Details

    Similar Nearby for Sale

    • $1,300,000
      6,723 SF

      Historic Omaha Live-Work Property

      Remodeled historic property in Little Bohemia with live-work potential.
      1262 S 13Th St, Omaha, NE 68108
      View Details
    • $450,000
      2,684 SF

      Historic Building and Parking Lot

      Corner lot featuring a historic building and parking availability.
      2703 S 10Th St, Omaha, NE 68108
      View Details
    • $1,400,000
      13,512 SF

      Storage Warehouse Near UNMC Campus

      Storage warehouse on a corner lot near UNMC campus.
      3864 Marcy St, Omaha, NE 68108
      View Details
    • $4,000,000
      61,000 SF

      Downtown Redevelopment Opportunity in Omaha

      Redevelopment opportunity with easy access to key districts.
      1100 Pierce St, Omaha, NE 68108
      View Details
    • Contact for pricing
      20 SF

      Industrial Building For Sale/Lease

      Well-built industrial building with opportunity for ownership or lease.
      1474 S 16Th St, Omaha, NE 68108
      View Details
    • $329,022

      Omaha Land Parcel For Sale

      Land parcel available in Omaha, Nebraska.
      2772 S 13Th Ct, Omaha, NE 68108
      View Details

    Similar Nearby for Lease

    • $17 SF/Yr
      1,036 SF

      Little Bohemia Retail/Office Space

      Retail or office space in historic Prague Hotel Apartment building.
      1402 S 13Th St, Omaha, NE 68108
      View Details
    • $15 SF/Yr
      10,329 SF

      Omaha Historic Coworking Space

      Downtown Omaha: Unique Office Suites Available
      1550 21St St, Omaha, NE 68108
      View Details
    • $23 SF/Yr
      81,935 SF

      Omaha Creative Office Space

      Historic Omaha coworking & office space available.
      950 10Th St, Omaha, NE 68108
      View Details
    • $22 SF/Yr
      5,600 SF

      Turnkey Bar and Restaurant Space

      5,600 SF bar/restaurant with equipment and retail space available.
      812 N 14Th St, Omaha, NE 68108
      View Details
    • $12 SF/Yr
      1,196 SF

      Historic Brick Building Retail Space

      Revitalized retail space with great visibility and ample parking.
      3116 N 24Th St, Omaha, NE 68108
      View Details
    • $8 SF/Yr
      84,937 SF

      Omaha Flex Warehouse For Lease

      Versatile industrial space, 84,937 sq ft
      2200 24Th St, Omaha, NE 68108
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1440 13Th St
    Omaha, NE 68108
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.