Property summary
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
VerifiedCap rate & NOI
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
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
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.
Registration is required before the official district profile is shown.
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
Cancel anytime.
- 30 reports a month
- Location Analytics
- Market Trends
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
Cancel anytime.
- 300 reports a month
- Location Analytics
- Market Trends
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
and get 1 Light Report
- Property Information
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Potential
- Location Insight
- Alternative use
- Local Zoning Insight