1531 18th St, Omaha, NE 68110-2418
- Office buildings
- 11,251 SF
- 0.36 lot acres
Current Use by Public Records
- Office buildings
Property Details for 1531 18th St
- Year built
- 2016
- Lot size
- 0.36 lot acres
- Property type
- Office buildings
- APN
- 1404420000
- APU
- 1404420000
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Nov 18, 2025 | $805,000 | The Section LLC | Minturn Investments LLC | Warranty Deed | — |
| Aug 16, 2024 | — | Mintum Investments LLC | Eastern Nebraska Human Services Age | Warranty Deed | $45k · Washington County Bank |
Description
This exceptional 11,268-square-foot flex warehouse, situated on a 0.549-acre lot at 1531 N 18th St in Omaha, Nebraska (68110), presents a unique leasing opportunity. Built in 1955 and renovated in 1973, this single-story building offers a versatile space ideal for various industrial and flex uses. The property boasts convenient access to I-480, making transportation and logistics seamless. The interior features 13-foot ceilings, providing ample vertical space, along with existing office space, restrooms, and a full kitchen. Exterior amenities include a substantial 7,300-square-foot fenced and paved yard, perfect for storage or operations. Loading is facilitated by one dock door and a ramped bay door. The property includes eight total parking spaces and benefits from three-phase power. The space is available for lease in its entirety (11,268 square feet) or potentially in smaller portions. The lease rate is $6.80 per square foot, triple net (NNN), with an estimated NNN expense of $2.15 per square foot. This prime location and functional layout make this warehouse an attractive option for businesses seeking a well-maintained and strategically located industrial space in Omaha's North Downtown area. The property is currently vacant.
Value Estimations
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $1,641,000
- AI Estimate
- $856,000
Market price range: $1.03M - $2.41MMarket price range: $333k - $1.24M -
Alternative Use
- Use
- Estimation
- OFFICE BUILDING
- $1,640,000 Current use
- RETAIL STORES
- $1,760,000 Change: +7% Conversion: Moderate
- MEDICAL BUILDING
- $1,700,000 Change: +4% Conversion: Easy
- AUTO REPAIR, GARAGE
- $1,670,000 Change: +2% Conversion: Difficult
- COMMERCIAL (GENERAL)
- $1,575,000 Change: -4% Conversion: Easy
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Location Insight
- Map
- Local Demand
- City
- Omaha
- County
- Douglas
- State
- Nebraska
- Longitude
- -95.9393
- Latitude
- 41.2741
- CBSA code
- 36540
- CBSA name
- OMAHA-COUNCIL BLUFFS, NE-IA METROPOLITAN STATISTICAL AREA
