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Property profile & analytics
OFF-MARKET Estimated value $3,845,000
Medical Office Space

5005 153rd St Ste 101 Omaha, NE 68137-5070

33,648 SF Built 2010
Entity Owned 18-yr Hold
Property ID
US57-0163992
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
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · 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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$5.08M
Blend (final) Blend
$3.85M
Owner & transaction history
Walnut Grove Properties LLC · 18 yrs held
Walnut Grove Properties LLC
since 2007
3 recorded transactions
2007
$1.0M
2005
Price N/A
1969
Price N/A
Zoning & alternative use
MU · Omaha, NE
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center $6.3M +23.7%
Retail stores $5.3M +3.5%
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