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    2323 L St Omaha, NE 68107-1847

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    2323 L St Omaha, NE 68107-1847


    • Drug stores
    • 13,857 SF
    • 1.50 lot acres
    Off-Market
    Property ID
    US57-1095898
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $2,820,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Cheese Life / Restaurant
    • Walgreens Photo / (Bike/Boat/Book/etc) Store
    • COVID-19 Drive-thru Testing at Walgreens / Pharmacy
    • Redbox / Cinema / (Bike/Boat/Book/etc) Store
    • FedEx OnSite / Postal Service / Courier Service

    Property Details for 2323 L St

    Year built
    1999
    Lot size
    1.50 lot acres
    Property size
    13,857 SF
    Property type
    Drug stores
    APN
    412170002
    APU
    412170002

    Description

    This exceptional 13,857 square foot freestanding retail space, formerly a Walgreens, presents a unique opportunity in Omaha, Nebraska. Located at 2323 L Street, 68107, this single-tenant property boasts a prime location near downtown Omaha, ensuring high visibility and accessibility. The building's versatile design, suitable for retail, office, or restaurant use, allows for a wide range of potential businesses. The property is categorized as a medical office, retail, and freestanding building, offering flexibility for various tenants. Its strategic placement on a high-traffic corner guarantees significant foot traffic and exposure. The lease will become available in May of 2025, providing ample time for planning and preparation. The building's total square footage is 13,857 square feet, offering substantial space for a variety of business needs. This property represents an excellent investment opportunity for businesses seeking a prominent location in a thriving Omaha neighborhood. The property's location near downtown Omaha provides easy access to a large customer base and a vibrant urban environment. This is a rare chance to secure a highly visible and well-situated commercial space in a desirable area.


    Value Estimations

    based on Realmo’s proprietary methodology
    • CAP approach

      CAP Return
      Estimation
      6%
      $2,660,000
      6.5%
      $2,455,000
      7%
      $2,280,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $3,415,000
      Market price range: $980k - $3.42M
      AI Estimate
      $2,596,000
      Market price range: $620k - $2.60M
    • Alternative Use

      Use
      Estimation
      RETAIL STORES
      $2,165,000
      Current use
      RESTAURANT
      $4,550,000
      Change: +110% Conversion: Easy
      NEIGHBORHOOD: SHOPPING CENTER
      $2,590,000
      Change: +20% Conversion: Moderate
      MEDICAL BUILDING
      $2,095,000
      Change: -3% Conversion: Difficult
      AUTO REPAIR, GARAGE
      $2,055,000
      Change: -5% Conversion: Difficult
      OFFICE BUILDING
      $2,020,000
      Change: -7% Conversion: Easy

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Omaha
    County
    Douglas
    State
    Nebraska
    Longitude
    -95.9462
    Latitude
    41.2118
    CBSA code
    36540
    CBSA name
    OMAHA-COUNCIL BLUFFS, NE-IA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $57,492
    $490,900
    $2,234,100
    $2,725,000
    -
    $490,900
    $2,234,100
    $2,725,000
    More about this property
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