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1801 11th St Omaha, NE 68110-2521

OFF-MARKET Warehouses Google Maps
72,965 SF 1.82 ac lot Built 1947
Entity Owned 16-yr Hold Free & Clear
Estimated value (blended)
$610k
Range $549k – $671k (±10%)
Property ID US57-1107699

Property summary

AI-generated overview

This exceptional investment opportunity presents a two-building industrial portfolio totaling 88,900 square feet, strategically located at 1801 N 11th St, Omaha, Nebraska, 68110. The property, situated on a 3.93-acre lot, comprises two single-story buildings constructed in 1900 and extensively renovated in 2020. The buildings boast a Class C designation and feature a combined total of three loading docks and four dock-high doors, facilitating efficient logistics. The high ceilings, measuring 21 feet, provide ample vertical space for storage and operations. The property is zoned HI (Heavy Industrial), offering flexibility for a variety of uses. The location offers easy access to Omaha Eppley Airfield and downtown Omaha, enhancing its appeal. The property includes 1.4 acres of available outside storage. Significant redevelopment improvements may qualify for up to 20 years of Tax Increment Financing (TIF), presenting a compelling financial incentive for potential buyers. This multi-tenant property presents a rare opportunity to acquire a well-maintained, strategically located industrial complex in a thriving Omaha market. The property's size, features, and location make it an ideal investment for both established businesses and forward-thinking investors seeking strong returns.

Property profile

Verified
Property type Warehouses
Use group MINI-WAREHOUSE, STORAGE
Year built 1947
Total area 72,965 SF
Lot 1.82 ac (79,279 SF)
Zoning code HI
APN 1724940002
UPID US57-1107699

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
  • Renovation Specialist General Contractor

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$4.86M
Blend (final) Blend
$610k

Owner & transaction history

since 2010
3 recorded transactions
2010
Price N/A
2007
$425,000
1969
Price N/A

Zoning & alternative use

HI · Omaha, NE
Zoning description

The HI heavy industrial district is intended to accommodate industrial uses with major external effects. These uses characteristically have operating characteristics and environmental effects that make them incompatible…

General category INDUSTRIAL

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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