5083 136th St Omaha, NE 68137-1646
- Bars
- 5,700 SF
- 0.21 lot acres
Current Use by Public Records
- ATM / Atm
Property Details for 5083 136th St
- Year built
- 1974
- Lot size
- 0.21 lot acres
- Property size
- 5,700 SF
- Property type
- Bars
- Property subtype
- Pubs
- APN
- 1747060000
- APU
- 1747060000
Description
This exceptional 5,700 square foot retail property, located at 5083 & 5117 S 136th Street in Omaha, Nebraska's desirable Millard submarket, presents a unique investment opportunity. Situated on a 0.69-acre lot, this single-tenant building boasts ample parking with 50 spaces, ensuring convenient access for patrons. Originally constructed in 1974, the property underwent a complete renovation in 2023, resulting in a modern and updated space ideal for a variety of restaurant or bar concepts. The building's single-story design offers efficient layout and functionality. Its location within Douglas County provides easy access to major transportation routes and a thriving local community. The property's previous use as a VFW building offers a unique history and potential for creative repurposing. This turnkey opportunity is perfect for an owner-operator or investor seeking a high-visibility location in a strong market. The property's size and ample parking make it an attractive option for businesses seeking a substantial footprint. The recent renovation ensures the building is in excellent condition, minimizing upfront capital expenditures. This is a rare chance to acquire a well-located, renovated commercial property in a sought-after Omaha neighborhood.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $700,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $660,000
- 6.5%
- $745,000
- 7%
- $655,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $690,000
- Geo Method
- $635,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $695,000
- Retail
- $660,000
- Mixed-Use
- $665,000
- Hospitality
- $570,000
- Educational
- $555,000
- Residential Income
- $650,000
- Energy
- $675,000
- Income-Based Land
- $595,000
- Food Service
- $735,000
Location Insight
- Map
- Local Demand
- City
- Omaha
- County
- Douglas
- State
- Nebraska
- Longitude
- -96.1218
- Latitude
- 41.206
- CBSA code
- 36540
- CBSA name
- OMAHA-COUNCIL BLUFFS, NE-IA METROPOLITAN STATISTICAL AREA