Technical
Financial
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Property profile

5005 153rd St Ste 101 Omaha, NE 68137

OFF-MARKET
Medical Office Space
Property ID
US57-0163992
33,648 SF Built 2010
Entity Owned 18-yr Hold
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 2010
Total area 33,648 SF
Zoning code MU
APN 932668000
UPID US57-0163992

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Medical Clinic
  • Dental Office
  • (Bike/Boat/Book/etc) Store Corporate Office
  • Physician
  • Physician

Location

5005 153rd St Ste, Unit 101 Omaha, NE 68137-5070
Omaha metro Census 7454 OMAHA-COUNCIL BLUFFS, NE-IA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$5.08M
Blend (final) Blend
$2.00M

Owner & transaction history

since 2007
3 recorded transactions
2007
$1.0M
2005
Price N/A
1969
Price N/A

Zoning & alternative use

MU · Omaha, NE
Zoning description

The MU mixed use district is intended to accommodate projects that combine several compatible land uses into an integrated development consistent with the goals and policies of the land use and urban design elements of t…

General category MIXED_USE
Top alternative use upside
Neighborhood: shopping center $6.3M +23.7%
Retail stores $5.3M +3.5%

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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