3812 Farnam St Omaha, NE 68131
- Bars
- 2,839 SF
- 0.15 lot acres
Current Use by Public Records
- ATM / Atm
- Car Hub Auto Parts / Auto Parts Store
Property Details for 3812 Farnam St
- Year built
- 1926
- Lot size
- 0.15 lot acres
- Property size
- 2,839 SF
- Zone code
- GC
- Property type
- Bars
- Property subtype
- Pubs
- APN
- 1423400000
- APU
- 1423400000
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Omaha
- County
- Douglas
- State
- Nebraska
- Longitude
- -95.9696
- Latitude
- 41.2581
- CBSA code
- 36540
- CBSA name
- OMAHA-COUNCIL BLUFFS, NE-IA METROPOLITAN STATISTICAL AREA