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    Property profile & analytics
    OFF-MARKET Estimated value $910,000
    Theaters & concert halls

    3201 Farnam St 1, Omaha, NE 68131-3402

    21,583 SF Built 2010
    Entity Owned 3-yr Hold Free & Clear
    Property ID
    US57-1052005
    Property summary
    AI-generated overview

    Midtown Crossing presents a unique retail investment opportunity in the heart of Omaha, Nebraska. This vibrant 15.5-acre development boasts seven buildings totaling 222,544 square feet, offering multiple tenancy options. Currently, 12,964 square feet of retail space is available, divisible into units ranging from a minimum of 1,523 square feet to a maximum contiguous space of 4,063 square feet. Located at 3201 Farnam St, Omaha, NE 68131, in the Central Omaha submarket of Douglas County, this property benefits from its high-traffic location and established presence within a thriving community. Built in 2010, Midtown Crossing is home to approximately 40 local businesses, creating a dynamic and diverse commercial environment. The property's prime location and the surrounding neighborhood's recognition on both local and international levels make this an exceptional opportunity for businesses seeking high visibility and a strong customer base. Ideal for restaurants, bars, or other service-oriented retailers, this space offers significant potential for growth and success within a well-established and highly sought-after commercial development. The property's size and flexibility allow for customization to suit a variety of business needs. This is a chance to become part of a thriving community in a prime Omaha location.

    Property profile
    Verified
    Property type Theaters & concert halls
    Use group THEATER (MOVIE)
    Year built 2010
    Total area 21,583 SF
    APN 1741740501
    UPID US57-1052005
    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
    • Pickleman's Gourmet Cafe Take-out & Catering
    • Long Dog Fat Cat Midtown Crossing (Bike/Boat/Book/etc) Store Pet Store & Service
    • Verizon Mobile Phone Store Electronics & Wireless Store
    • Stories Coffee Company Cafe & Coffee Shop
    • Marcus Palimenio Physician
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $660k
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $1.16M
    Blend (final) Blend
    $910k
    Owner & transaction history
    East Campus Realty LLC · 3 yrs held
    East Campus Realty LLC
    since 2023
    1 recorded transaction
    2023
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Retail stores $1.4M +69.2%
    Commercial (general) $1.0M +19.7%
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