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Property profile & analytics

2679 Farnam St Omaha, NE 68131-3653

  • Office buildings
  • 34,382 SF
  • 0.48 lot acres
OFF-MARKET
Value Estimations
$4,130,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US57-0541319
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.

Current Use by Public Records

  • Simply Ballroom / Photo Booth / Wedding Planner
  • Vanguard Professional Concrete Contractors / Concrete Contractor
  • Sylvia Rodriguez Law Office / Attorney
  • The Chermot Ballroom / Event Venue
  • Onpoint Home Care / Home Health Care Service / Transportation Service

Property Details for 2679 Farnam St

Year built
1931
Lot size
0.48 lot acres
Property size
34,382 SF
Property type
Office buildings
APN
747050007
APU
747050007

Description

This exceptional 34,382 square foot, two-story office building at 2679 Farnam St in Omaha, Nebraska, offers a unique blend of coworking, creative office, and executive office spaces. Built in 1931, the property boasts a rich history and is undergoing a significant transformation. Exterior rehabilitation was completed in 2022, and phased interior renovations of common areas are underway, including a remodeled ballroom and upgraded amenities. Three distinct spaces are currently available, ranging from 350 to 4,300 square feet, catering to diverse business needs. The largest space (4,300 sq ft) features street access and signage, while the other two (3,800 sq ft and 2,500 sq ft) offer multiple executive offices around open-plan cores. The building's location in the Farnam Hill District provides unparalleled access to amenities, including nearby retail, restaurants, and Creighton University. Its proximity to major transportation routes, including Interstate 480 and the soon-to-be-completed streetcar line, ensures excellent connectivity. The Farnam Hill District's recent surge in development, coupled with the high volume of daily traffic on Farnam Street (over 17,000 cars), makes this a highly desirable location for businesses seeking visibility and accessibility. The building's strategic position between downtown Omaha and Midtown Crossing, along with its appeal to a young, educated demographic, presents a compelling investment opportunity.


Value Estimations

based on Realmo’s proprietary methodology
  • Comparable approach

    Method
    Estimation
    Statistic Estimate
    $5,017,000
    Market price range: $3.16M - $7.37M
    AI Estimate
    $3,242,000
    Market price range: $1.47M - $6.01M
  • Alternative Use

    Use
    Estimation
    OFFICE BUILDING
    $5,015,000
    Current use
    NEIGHBORHOOD: SHOPPING CENTER
    $6,425,000
    Change: +28% Conversion: Difficult
    RETAIL STORES
    $5,370,000
    Change: +7% Conversion: Moderate
    MEDICAL BUILDING
    $5,190,000
    Change: +4% Conversion: Easy
    AUTO REPAIR, GARAGE
    $5,100,000
    Change: +2% Conversion: Difficult
    COMMERCIAL (GENERAL)
    $4,815,000
    Change: -4% Conversion: Easy

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


Location Insight

  • Map
  • Local Demand
City
Omaha
County
Douglas
State
Nebraska
Longitude
-95.9519
Latitude
41.2574
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
2022
$0.00
$0.00
$0.00
$0.00
-
$0.00
$0.00
$0.00
More about this property
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