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Property profile & analytics
FOR LEASE
Office buildings

4848 S 120Th St Omaha, NE 68137

11,996 SF 1 ac lot Built 1972
Individually Owned 21-yr Hold Free & Clear
Property ID
US57-0067249
Property summary
AI-generated overview

This exceptional two-story office building, constructed in 1972, offers a total of 11,996 square feet of traditional office space. Currently, three individual suites are available for lease, ranging in size from 600 to 1,470 square feet. The maximum contiguous space available for lease is 1,470 square feet, ideal for smaller businesses or those seeking a manageable footprint. The building enjoys a highly visible location at the southwest corner of 120th and L Streets in Omaha, a well-established commercial area. This prime location provides excellent accessibility to major roadways, ensuring convenient commutes for employees and clients alike. The surrounding area boasts a variety of local amenities, offering convenience and a vibrant atmosphere for businesses. The building's multiple tenancy structure provides a diverse and dynamic environment. This is an excellent opportunity for businesses seeking a well-situated, functional office space in a thriving Omaha commercial corridor. The building's traditional office layout provides a classic and professional atmosphere. The minimum leasable space is 1,470 square feet, offering a comfortable and efficient workspace. This property presents a rare chance to secure office space in a highly desirable location with easy access to key transportation routes and local conveniences. The building's established presence in the community adds to its appeal and provides a sense of stability.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1972
Total area 11,996 SF
Lot 1 ac (43,560 SF)
Zoning code GO
APN 2221860951
UPID US57-0067249
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Pinpoint Solutions Business Management Consultant
  • Osterfoss Insurance Insurance Agency
  • Timko Accounting & Tax Services Tax Preparation
  • Joie Massage Alternative Medicine Practice Spa & Massage Center
  • Nebraska Wellness Group Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$841k
Blend (final) Blend
$820k
Owner & transaction history
Neighborhood Community FCU · 21 yrs held
Neighborhood Community FCU
since 2005
1 recorded transaction
2005
Price N/A
Zoning & alternative use
GO · Omaha, NE
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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