3902 42nd St Omaha, NE 68107-1003
- Auto shops
- 1,228 SF
- 0.29 lot acres
Current Use by Public Records
- Eckley Auto Brokers / Used Car Dealer
Property Details for 3902 42nd St
- Year built
- 1950
- Lot size
- 0.29 lot acres
- Property size
- 1,228 SF
- Zone code
- GC
- Property type
- Auto shops
- APN
- 1925730001
- APU
- 1925730001
Description
This exceptional Omaha retail property, located at 3902 S 42nd St, offers 1,278 square feet of space on a 0.579-acre lot. The building, constructed in 1950, is a single-story Class C structure with one building and features two garage bays, a storage area with a bathroom, offices, a coffee bar, and an ADA-compliant bathroom. The property includes a security system and HVAC. Its prime location boasts 275 linear feet of frontage on 42nd Street and 88 linear feet on D Street, ensuring high visibility and accessibility. Conveniently situated just south of Interstate 80, with easy access to the 42nd Street exit ramp, it's minutes from the Nebraska Medical Center and downtown Omaha. The property benefits from a daily traffic count of 25,395 vehicles and is zoned for commercial use. A strong demographic profile supports the location, with over 60,000 people within a two-mile radius and average household incomes exceeding $69,000. This owner-user investment opportunity is priced at $995,000. The property's versatility makes it suitable for various retail uses, including auto shops, quick-service restaurants, and traditional restaurants. This is a rare opportunity to acquire a well-positioned retail space in a thriving Omaha neighborhood.
Value Estimations
-
AI approach
- Method
- Estimation
- ML approach
- $280,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $288,000
- AI Estimate
- $211,000
Market price range: $107k - $289kMarket price range: $70.8k - $212k
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Location Insight
- Map
- Local Demand
- City
- Omaha
- County
- Douglas
- State
- Nebraska
- Longitude
- -95.9762
- Latitude
- 41.2212
- CBSA code
- 36540
- CBSA name
- OMAHA-COUNCIL BLUFFS, NE-IA METROPOLITAN STATISTICAL AREA