1818 Leavenworth St Omaha, NE 68102
For Sale
1 / 4
This exceptional redevelopment opportunity presents a vacant, three-story Class B office building situated on a 1.09-acre lot in Omaha, Nebraska's vibrant downtown core. Located at 1818 Leavenworth Street, between 18th and 19th Streets, this 36,740 square foot building, constructed in 1936, offers significant potential for adaptive reuse. The property is currently vacant, allowing for immediate development. Most interior improvements have been removed, with the exception of stairways and elevators, providing a clean slate for a modern design. The building includes a basement and garage. The permitted zoning is Downtown Service. The asking price is $2,495,000, translating to $67.91 per square foot. This prime location and substantial square footage make this a compelling investment prospect for developers seeking a high-impact project in a thriving urban setting. The property offers approximately 4 parking spaces per 1000 square feet. This is a unique chance to reshape a piece of Omaha's history into a contemporary asset.
-
Computer club College
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.