222 72nd St Omaha, NE 68114-4668
This three-story, 24,816 square foot office building, situated on a 1.77-acre lot at the prominent 72nd and Farnam intersection in Omaha, Nebraska (zip code 68114), presents a unique investment opportunity. Built in 1955, the building offers a traditional office layout with multiple tenancies. Currently, there is 1,584 square feet of vacant space available, divisible into units ranging from a minimum of 624 square feet to a maximum contiguous space of 960 square feet. The building features convenient elevator access. Its location provides excellent access to Omaha's major thoroughfares and a wealth of nearby retail and dining establishments. The available suite is conveniently located on the third floor. The property is zoned for commercial use. This is an ideal location for businesses seeking a well-established presence in a thriving Omaha neighborhood. The building's central location and ample space make it a highly desirable option for a variety of businesses.
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U.S. Bank-Mortgage Loan Officer-Joseph Rollinger Loan Service Bank
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U.S. Bank-Brandon Souba-Mortgage Loan Officer Loan Service Bank
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U.S. Bank Branch Bank Loan Service
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U.S. Bank-Stanley Hawkins-Mortgage Loan Officer Loan Service Bank
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The Daily Record Publishing House Newspaper & Magazine
This district is intended for a wide variety of commercial uses and limited industrial facilities. Uses allowed in the GC district may generate sufficient traffic or have operating characteristics which make them generally incompatible with residential areas or lower intensity commercial and office districts
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
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Property description
Physical attributes from public recordsZoning & alternative use
GC · Omaha, NEThis district is intended for a wide variety of commercial uses and limited industrial facilities. Uses allowed in the GC district may generate sufficient traffic or have operating characteristics which make them generally incompatible with residential areas or lower intensity commercial and office districts
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.