Technical
Financial
Distress signals
Property profile

17020 Evans Plz Omaha, NE 68116

OFF-MARKET
Banks
Property ID
US57-0191316
4,873 SF 1.12 ac lot Built 2005
Entity Owned Absentee Owner Free & Clear
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional investment opportunity presents a fee-simple interest in a 4,886 square foot bank building located at 17020 Evans Plaza, Omaha, Nebraska. The property sits on a 1.12-acre lot and boasts 40 parking spaces. Currently 100% occupied by Cobalt Credit Union, a financially strong credit union with a 78-year history and 26 locations, the property is subject to a new 10-year absolute NNN lease commencing January 1, 2025, and expiring December 31, 2034. The lease includes a corporate guarantee and features attractive 2.5% annual rent bumps. The property's strong financials include a Net Operating Income (NOI) of $185,668 and a 6.75% cap rate. Built in 2005, the single-story building is zoned MU Mixed Use and benefits from a high-traffic, signalized corner location on West Maple Road, experiencing over 28,000 vehicles per day. The property is part of the Target-anchored Whispering Ridge Shopping Center, attracting 4.2 million annual visits. The lease includes two 5-year renewal options. The asking price is $2,751,000. Average household incomes within a 5-mile radius exceed $150,000, indicating a strong and affluent demographic. The property's APN is 2532189327.

Property profile

Verified
Property type Banks
Use group FINANCIAL BUILDING
Year built 2005
Total area 4,873 SF
Lot 1.12 ac (48,787 SF)
Zoning code MU
APN 2532189327
UPID US57-0191316

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Credit Union

Location

17020 Evans Plz Omaha, NE 68116-2313
Omaha metro Census 7520 OMAHA-COUNCIL BLUFFS, NE-IA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$2.03M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$2.27M

Owner & transaction history

since 2025
Last sale
$2.7M
1 recorded transaction
2025
$2.7M

Zoning & alternative use

MU · Omaha, NE
Zoning description

The MU mixed use district is intended to accommodate projects that combine several compatible land uses into an integrated development consistent with the goals and policies of the land use and urban design elements of t…

General category MIXED_USE

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 17020 Evans Plz?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
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