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1531 18th St Omaha, NE 68110-2418

OFF-MARKET Office buildings Google Maps
11,251 SF 0.36 ac lot Built 2016
Entity Owned Free & Clear
Estimated value (blended)
$1.25M
Range $1.13M – $1.38M (±10%)
Property ID US57-0195456

Property summary

AI-generated overview

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.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 2016
Total area 11,251 SF
Lot 0.36 ac (15,682 SF)
APN 1404420000
UPID US57-0195456

Cap rate & NOI

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

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.64M
Blend (final) Blend
$1.25M

Owner & transaction history

since 2025
2 recorded transactions
2025
$805,000
2024
Price N/A

Zoning & alternative use

Top alternative use upside
Retail stores $1.8M +7.1%
Medical building $1.7M +3.5%
Auto repair, garage $1.7M +1.7%

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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