Technical
Financial
Distress signals
Property profile

4202 D St Omaha, NE 68107

OFF-MARKET
Drive through restaurants
Property ID
US57-1118314
1,150 SF 0.4 ac lot Built 1993
Entity Owned 1-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional redevelopment opportunity presents a vacant 1,100 square foot building situated on a 0.4-acre hard corner lot at 4202 D Street in Omaha, Nebraska. Boasting a highly desirable location with multiple points of entry and frontage on 42nd Street, experiencing over 21,000 vehicles per day, this property offers significant potential. The lot's strategic placement near Highway 80 (with over 176,000 vehicles per day) and its proximity to a high-traffic McDonald's (receiving 564,700 annual visits, according to Placer.ai) further enhances its appeal. The property benefits from a substantial three-mile population of 119,747 and a five-mile population of 268,371. Currently, a triple-net lease is in place, expiring March 21, 2026, with an annual net operating income (NOI) of $91,199, representing an attractive 11.40% cap rate. The asking price is $799,000. This presents a unique chance to capitalize on a prime location in a thriving market, ideal for redevelopment into a variety of retail concepts, including convenience stores, quick-service restaurants, or other suitable businesses. The existing building provides a solid foundation for a swift and efficient redevelopment project. The property's high visibility and accessibility make it an exceptional investment prospect.

Property profile

Verified
Property type Drive through restaurants
Use group DRIVE-THRU RESTAURANT, FAST FOOD
Year built 1993
Total area 1,150 SF
Lot 0.4 ac (17,360 SF)
Zoning code GC
APN 1219200004
UPID US57-1118314

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

4202 D St Omaha, NE 68107-1012
Omaha metro Census 7003 OMAHA-COUNCIL BLUFFS, NE-IA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$280k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$280k

Owner & transaction history

since 2025
4 recorded transactions
2025
$700,000
2008
$972,000
2006
$927,000
1969
Price N/A

Zoning & alternative use

GC · Omaha, NE
Zoning description

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…

General category INDUSTRIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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