Property profile

2514 119th St Omaha, NE 68144

OFF-MARKET
Office buildings
Property ID
US57-1089736
13,271 SF 1.05 ac lot Built 1982
Entity Owned 3-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

The property is an office building with a total size of 13,271 square feet, located in a central area with access to surrounding roadways. It has undergone a capital improvement that includes a newly installed retaining wall. The building is configured for office use and has been presented for office users such as legal services, counseling services, real estate offices, insurance, and investment advisory firms.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1982
Total area 13,271 SF
Lot 1.05 ac (45,738 SF)
Zoning code LO
APN 1249500000
UPID US57-1089736

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Medical Clinic
  • Real Estate Agency
  • Real Estate Agency
  • Real Estate Agency
  • Physician

Location

2514 119th St Omaha, NE 68144-2869
Omaha metro Census 6803 OMAHA-COUNCIL BLUFFS, NE-IA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.53M
Blend (final) Blend
$1.45M

Owner & transaction history

since 2022
7 recorded transactions
2024
Price N/A
2022
Price N/A
2021
$1.4M
2021
$153,000
2015
$1.1M
1969
Price N/A
1969
Price N/A

Zoning & alternative use

LO · Omaha, NE
Zoning description

The LO limited office district is intended to provide office locations generally serving neighborhood or community needs. The LO district may be located adjacent to or within residential areas and is designed to be compa…

General category COMMERCIAL
Top alternative use upside
Retail stores $2.1M +7.1%
Medical building $2.0M +3.5%
Auto repair, garage $2.0M +1.7%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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