Property profile

5424 24th St Omaha, NE 68107

OFF-MARKET
Turn key restaurants
Property ID
US57-0252169
8,050 SF 1.71 ac lot Built 1984
Entity Owned 1-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This turnkey restaurant opportunity in Omaha, Nebraska, presents a compelling investment. Located at 5424 S 24th St, this well-maintained, 16,100 square foot building sits on a 1.71-acre lot (74,534 sq ft) and boasts a fully equipped commercial kitchen, drive-thru, and ample parking. The two-story structure, built in 1984, features a first floor of 8,050 square feet and an equally sized lower level (8,050 sq ft). The lower level includes a 10' clear ceiling height, one dock, two restrooms, and four offices, all with AC and heat. The upper level offers a 9' ceiling height. The building is constructed of steel and block with a concrete floor and benefits from a 3-phase, 600-amp electrical service and two tankless hot water heaters. The HVAC system is approximately 10 years old. Currently operating at 100% occupancy, this property is zoned GI. Real estate taxes are approximately $1.04 per square foot, and OPPD & MUD costs are roughly $2.00 per square foot. The asking price is $2,275,000 ($141.30/sq ft). This is an exceptional opportunity for an owner/user or investor seeking a high-performing restaurant in a prime Omaha location.

Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1984
Total area 8,050 SF
Lot 1.71 ac (74,488 SF)
APN 726040002
UPID US57-0252169

Cap rate & NOI

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

Location

5424 24th St Omaha, NE 68107-4426
Omaha metro Census 2900 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
$1.61M
Blend (final) Blend
$1.97M

Owner & transaction history

since 2025
5 recorded transactions
2025
$341,667
2020
Price N/A
2020
Price N/A
2020
Price N/A
2016
Price N/A

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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