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Property profile & analytics
OFF-MARKET
Bars & Pubs

3812 Farnam St Omaha, NE 68131-3114

2,839 SF 0.15 ac lot Built 1926
Entity Owned 13-yr Hold Free & Clear
Property ID
US57-0232268
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Bars & Pubs
Use group BAR, TAVERN
Year built 1926
Total area 2,839 SF
Lot 0.15 ac (6,592 SF)
Zoning code GC
APN 1423400000
UPID US57-0232268
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
  • ATM Atm
  • Car Hub Auto Parts Auto Parts Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Treygo LLC · 13 yrs held
Treygo LLC
since 2012
2 recorded transactions
2012
$100,000
1969
Price N/A
Zoning & alternative use
GC · Omaha, NE
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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