5005 153Rd St Omaha, NE 68137
- Medical Office Space
- 33,648 SF
Current Use by Public Records
- Alegent Health Dermatology / Medical Clinic
- Walnut Grove Smiles: Heather Wilson DDS / Dental Office
- Worldview Ltd / (Bike/Boat/Book/etc) Store / Corporate Office
- Maggie Arnett / Physician
- Tammi A. Hemje, APRN / Physician
Property Details for 5005 153Rd St
- Year built
- 2010
- Property size
- 33,648 SF
- Zone code
- MU
- Property type
- Medical Office Space
- Property subtype
- Medical centers
- APN
- 932668000
- APU
- 932668000
Description
This exceptional owner-user opportunity presents a 12,120-square-foot Class B office condominium in Omaha, Nebraska's Southwest submarket. Located within the Walnut Grove Business Park at 5005 S 153rd St, zip code 68137, this two-story building, constructed in 2006, boasts a highly functional layout with a blend of open space, private offices, conference rooms, and break rooms. The property features abundant natural light from perimeter windows. Currently 100% occupied under a lease expiring June 2026, offering flexibility for immediate occupancy or continued lease income. The space is divisible into two units: 5,472 square feet (Suites 202 & 204) and 6,648 square feet (Suites 201, 203, & 205). One tenant is open to early lease termination with short notice. The current annual rent is $189,708 plus operating expenses. The asking price is $1,935,120, translating to $159.66 per square foot. This represents a significant value compared to the cost of constructing a similar asset. The property is zoned MU and situated within a thriving business park offering convenient amenities including a bank, medical offices, restaurants, gym, Walgreens, financial services, and a coffee shop. This is a rare opportunity to acquire a well-located, functional, and income-producing office condominium in a high-demand area.
Value Estimations
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $5,081,000
- AI Estimate
- $2,608,000
Market price range: $4.07M - $7.45MMarket price range: $1.18M - $4.11M -
Alternative Use
- Use
- Estimation
- MEDICAL BUILDING
- $5,080,000 Current use
- NEIGHBORHOOD: SHOPPING CENTER
- $6,285,000 Change: +24% Conversion: Difficult
- RETAIL STORES
- $5,260,000 Change: +3% Conversion: Difficult
- AUTO REPAIR, GARAGE
- $4,995,000 Change: -2% Conversion: Difficult
- COMMERCIAL (GENERAL)
- $4,715,000 Change: -7% Conversion: Easy
- OFFICE BUILDING
- $4,310,000 Change: -15% Conversion: Easy
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Location Insight
- Map
- Local Demand
- City
- Omaha
- County
- Douglas
- State
- Nebraska
- Longitude
- -96.1527
- Latitude
- 41.2081
- CBSA code
- 36540
- CBSA name
- OMAHA-COUNCIL BLUFFS, NE-IA METROPOLITAN STATISTICAL AREA