3812 Farnam St Omaha, NE 68131-3114
This exceptional 5,706 square foot vacant bar located at 3812 Farnam St in Omaha, Nebraska's vibrant Blackstone District presents a rare investment opportunity. Priced at $1,169,000 ($204.87/sq ft), the property offers significant potential for redevelopment or repurposing. Its strategic location offers immediate access to the new 3.5-mile streetcar line, connecting the University of Nebraska Medical Center (UNMC) campus to the central business district. The property benefits from its proximity to the UNMC campus expansion, a $5.4 billion redevelopment project expected to create over 7,500 jobs. Furthermore, the property sits within an Opportunity Zone, providing potential tax advantages. The parcel includes additional land, allowing for expansion possibilities such as building additions or patio areas. This is a unique chance to acquire a well-situated commercial property in a rapidly growing area of Omaha, within the 68131 zip code, in Douglas County. The property's vacant status allows for immediate customization to suit a new owner's vision. This prime location and development potential make this an attractive investment for discerning buyers.
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ATM Atm
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Car Hub Auto Parts Auto Parts Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
GC · Omaha, NEOmaha. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.