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Property profile & analytics
OFF-MARKET Estimated value $2,820,000
Drug stores

2323 L St Omaha, NE 68107-1847

13,857 SF 1.5 ac lot Built 1999
Individually Owned Free & Clear
Property ID
US57-1095898
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Drug stores
Use group DRUG STORE, PHARMACY
Year built 1999
Total area 13,857 SF
Lot 1.5 ac (65,340 SF)
APN 412170002
UPID US57-1095898
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
  • 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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$2.46M
Comparable Approach Comparable
$3.42M
Blend (final) Blend
$2.82M
Owner & transaction history
Ignacid Chavez
Ignacid Chavez
2 recorded transactions
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant $4.6M +110.1%
Neighborhood: shopping center $2.6M +19.6%
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