Property summary
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
VerifiedCap rate & NOI
Current use
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Atm
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Auto Parts Store
Location
Value estimations
Owner & transaction history
Zoning & alternative use
This district is intended for a wide variety of commercial uses and limited industrial facilities. Uses allowed in the GC district may generate sufficient traffic or have operating characteristics which make them general…
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
GC · Omaha, NEThis district is intended for a wide variety of commercial uses and limited industrial facilities. Uses allowed in the GC district may generate sufficient traffic or have operating characteristics which make them general…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
This district is intended for a wide variety of commercial uses and limited industrial facilities. Uses allowed in the GC district may generate sufficient traffic or have operating characteristics which make them general…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for GC in Omaha, NE.
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