2410 73rd St, Omaha, NE 68124-2395
- Medical Office Space
- 11,290 SF
- 0.92 lot acres
Current Use by Public Records
- Huerter Orthodontics - Midtown / Dental Office
- Omaha Orthodontist – for Invisalign / Dental Office
- Pediatric Dental Specialists–Omaha / Dental Office
- Havelka Gregory A DDS / Dental Office
- Krager Karen DDS / Dental Office
Property Details for 2410 73rd St
- Year built
- 1969
- Lot size
- 0.92 lot acres
- Property type
- Medical Office Space
- Property subtype
- Medical space
- APN
- 801461506
- APU
- 801461506
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Jan 29, 2025 | $1,400,000 | Lucky 21 Co LLC | K8 LLC | Warranty Deed | $1.1M · Cornhusker Bank |
| — | — | Kb LLC | — | Deed Of Trust · related | $59k · Enterprise Bank |
Description
This exceptional investment opportunity presents a fully occupied, three-tenant medical office building at 2410 S 73rd St, Omaha, NE. The single-story, 10,547 square-foot building sits on a 0.91-acre lot with 57 parking spaces. Currently housing a dental practice, orthodontist, and medical office, the property boasts a strong 8.24% cap rate and a net operating income (NOI) of $123,574, with an asking price of $1,500,000 ($142.22/sq ft). Built in 1969 and renovated in 2019, the building features a new roof (installed 2020) with a 20-year warranty. The property benefits from its strategic location near high-traffic intersections and major medical facilities like Bergan Mercy Hospital. The surrounding area shows strong demographics, with a population of approximately 315,753 within a five-mile radius and an average household income exceeding $80,000 annually. Rent bumps are available, and the property offers significant potential for income growth due to below-market rental rates. Furthermore, the property's proximity to ongoing developments, including The Crossroads mixed-use development, a new Community Alliance headquarters, and a new apartment complex, promises continued growth and increased demand in the area. This fee-simple ownership opportunity provides a stable investment with excellent upside potential.
Value Estimations
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $1,367,000
Market price range: $1.37M - $2.50M -
Alternative Use
- Use
- Estimation
- MEDICAL BUILDING
- $1,705,000 Current use
- RETAIL STORES
- $1,765,000 Change: +3% Conversion: Difficult
- AUTO REPAIR, GARAGE
- $1,675,000 Change: -2% Conversion: Difficult
- OFFICE BUILDING
- $1,645,000 Change: -3% Conversion: Easy
- COMMERCIAL (GENERAL)
- $1,580,000 Change: -7% Conversion: Easy
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Location Insight
- Map
- Local Demand
- City
- Omaha
- County
- Douglas
- State
- Nebraska
- Longitude
- -96.0265
- Latitude
- 41.2366
- CBSA code
- 36540
- CBSA name
- OMAHA-COUNCIL BLUFFS, NE-IA METROPOLITAN STATISTICAL AREA
