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    3201 Farnam St, Unit 1 Omaha, NE 68131-3402
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    Property profile & analytics

    3201 Farnam St, Unit 1 Omaha, NE 68131-3402


    • Theaters & concert halls
    • 21,583 SF
    Off-Market
    Last Sale Jun 29, 2023
    Property ID
    US57-1052005
    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.

    Value Estimations
    $910,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by 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

    Property Details for 3201 Farnam St

    Year built
    2010
    Property size
    21,583 SF
    Property type
    Theaters & concert halls
    APN
    1741740501
    APU
    1741740501

    Description

    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.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      ML approach
      $660,000
    • Comparable approach

      Method
      Estimation
      AI Estimate
      $1,163,000
      Market price range: $532k - $1.16M
    • Alternative Use

      Use
      Estimation
      THEATER (MOVIE)
      $845,000
      Current use
      RETAIL STORES
      $1,430,000
      Change: +69% Conversion: Difficult
      COMMERCIAL (GENERAL)
      $1,010,000
      Change: +20% Conversion: Difficult

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


    Location Insight

    • Map
    • Local Demand
    City
    Omaha
    County
    Douglas
    State
    Nebraska
    Longitude
    -95.9606
    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
    2023
    $108,435
    $138,500
    $5,001,100
    $5,139,600
    -
    $138,500
    $5,001,100
    $5,139,600
    More about this property
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