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Property profile & analytics
FOR LEASE
Retail space

3157 Farnam St Omaha, NE 68131

25,757 SF 0.97 ac lot Built 2010
Entity Owned 5-yr Hold Absentee Owner Free & Clear
Property ID
US57-1059102
Property summary
AI-generated overview

This exceptional retail property, Midtown Crossing, located at 3157 Farnam St, Omaha, NE 68131, offers 25,088 square feet of space in a single, 2010-built building situated on a 42,044 square foot lot. The property features 13 suites, with a total of 7,714 square feet currently vacant. Available spaces range from 1,233 to 4,717 contiguous square feet, ideal for a variety of retail or restaurant uses. The zoning is MU, allowing for multiple uses. This vibrant location boasts high visibility along Farnam Street in the Midtown Crossing development, providing excellent access and exposure. The property benefits from its proximity to established businesses such as Gel Nails, Rexius Nutrition, and UbreakIFix, creating a strong synergy and attracting a diverse customer base. The property's single-building design offers efficient management and streamlined operations. This is a unique opportunity to establish or expand your business in a thriving Omaha neighborhood. The cross street is Turner Blvd.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2010
Total area 25,757 SF
Lot 0.97 ac (42,044 SF)
APN 1741675551
UPID US57-1059102
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
  • BMVA Digital Marketing & Advertising (Bike/Boat/Book/etc) Store
  • Stellar Structural Engineering, LLC Structural Engineer
  • Definitive Vision LLC (Bike/Boat/Book/etc) Store
  • Modern Love Restaurant
  • Lowman & Sons Investments LLC Corporate Office Financial Advisor
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$4.80M
Comparable Approach Comparable
$6.35M
Blend (final) Blend
$4.67M
Owner & transaction history
EAST CAMPUS REALTY LLC
EAST CAMPUS REALTY LLC
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center $4.8M +19.6%
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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