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Property profile & analytics
FOR LEASE
Office buildings

1901 Howard St Omaha, NE 68102

47,872 SF 0.27 ac lot Built 1920
Entity Owned 4-yr Hold Absentee Owner Free & Clear
Property ID
US57-0123416
Property summary
AI-generated overview

This exceptional 6,439 square foot retail space is located within the historic Redfield Building, a stunning 47,872 square foot, four-story structure built in 1920. Currently undergoing a $15 million rehabilitation, this property will preserve its original charm, including magnificent glass windows, distinctive tulip-shaped pillars, beautiful interior tile, and striking exterior terra cotta. The space is part of a larger revitalization project in Omaha's burgeoning Flatiron District, an area experiencing significant growth and redevelopment. Neighboring developments include the recently opened Frieden Building micro-apartments and the upcoming high-end restaurant planned for the Standard Oil (Law) Building. This prime location at the southwest corner of Howard Street and South 19th Street (1901 Howard St, Omaha, NE 68102) offers exceptional visibility and accessibility. The building is being nominated for National Historic Status, ensuring its enduring legacy and providing a unique opportunity for a discerning tenant. The minimum divisible space is 6,439 square feet, with a maximum contiguous space also at 6,439 square feet. This presents a rare chance to establish a presence in a landmark building within a rapidly evolving and highly desirable urban neighborhood. The property is classified as Retail and Restaurant use. Multiple tenancies are possible within the building.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1920
Total area 47,872 SF
Lot 0.27 ac (11,968 SF)
APN 1515690003
UPID US57-0123416
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Alton E Mitchell, Attorney Law Firm
  • Envision Success Inc Consultant
  • SCOPPA Architecture Architecture Firm
  • Charter Home Loans Loan Service Bank
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$4.80M
Blend (final) Blend
$4.70M
Owner & transaction history
1901HOWARDOWNER LLC
1901HOWARDOWNER LLC
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores $7.5M +24.1%
Medical building $7.2M +20.0%
Auto repair, garage $7.1M +17.9%
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