The property at 1508 Marcy St is a parcel of commercial land consisting of a flat, rectangular site positioned for redevelopment. It is located in Downtown Omaha’s central business district, near The Old Market and within walking distance of the Capitol District. The parcel is suitable for redevelopment concepts such as multifamily housing (including market-rate and LIHTC-related apartments), self storage, or an office building, subject to applicable zoning and approvals. The area surrounding the site includes both established employment and residential uses.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?

$1k

Tax billed · 2023

Assessed value$57k

Assessed improvement$57k

Effective rate2.11%

Value estimate

· Nov 2026

$755k

$680k – $831k

AI approach$775k

Submarket $/SF estimate$651k

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?

$99/SF

Submarket average, outlier-cleaned · 230 recorded sales of this use type

Observed band · Q1–Q3$67 – $143

Qualifying comparables3

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionDOUGLAS

Location intelligence

Which uses thrive at this corner?

Best fit: Dental Office

Demand heat for this use is drawn on the map · LocInt grid

Demand index

Dental Office12.8

Convenience Store9.7

Skin Care Clinic9.7

1508 Marcy St Omaha, NE 68108-3141

County assessor Recorded deeds · 1 transfer 3 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby

Address Sale price Sold Size

1113 6th, Omaha, NE 68108 $650,000 Feb 2024 6,914 SF

1200 17th, Omaha, NE 68108-3518 $770,000 May 2023 12,600 SF

1401 William, Omaha, NE 68108-3530 $440,000 Apr 2023 6,901 SF

2316 24th, Omaha, NE 68108-3818 $1,100,000 Jan 2022 11,795 SF

1045 20th, Omaha, NE 68108 $1,618,000 Jan 2022 15,840 SF

1051 23rd, Omaha, NE 68108-3017 $425,000 Nov 2020 9,630 SF

Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.

Comparable nearby

Value Estimation
$790,000

10,350 SF

209 Hickory St

MINI-WAREHOUSE, STORAGE

209 Hickory St, Omaha, NE 68108

View Details
Value Estimation
$905,000

8,618 SF

1040 21st St

MINI-WAREHOUSE, STORAGE

1040 21st St, Omaha, NE 68108-3010

View Details
Value Estimation
$895,000

8,617 SF

2304 24th St

MINI-WAREHOUSE, STORAGE

2304 24th St, Omaha, NE 68108-3818

View Details
Value Estimation
$495,000

12,104 SF

2230 Quartermaster Ct

MINI-WAREHOUSE, STORAGE

2230 Quartermaster Ct, Omaha, NE 68108

View Details
Value Estimation
$805,000

12,600 SF

1200 17th St

MINI-WAREHOUSE, STORAGE

1200 17th St, Omaha, NE 68108-3518

View Details
Value Estimation
$915,000

12,689 SF

302 Pierce St

MINI-WAREHOUSE, STORAGE

302 Pierce St, Omaha, NE 68108

View Details

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Similar in This City for Lease

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Office and warehouse areas are complemented by dock-high and drive-in loading.

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Office Flex Warehouse with Drive-In

Office flex space with two 8' x 8' drive-in doors and flexible demising options for multi-year occupancy.

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Multi-Tenant Flex Space

Commercial space with on-site parking and access to established office, retail, medical, and service corridors.

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1508 Marcy St Omaha, NE 68108

Property summary