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Property summary
Built in 1937, this commercial building is located in the Benson neighborhood and has historically been used for streetcar-industry purposes, later operating as a drug store with a soda fountain during the 1950s and 1960s. The property was subsequently used by a plumbing business for display and sales purposes, and in more recent years has been configured for retail operations through leasing to retail store operators. It is situated within an area undergoing redevelopment toward a destination entertainment center concept, with a stated walkability score of 69.
Property profile
VerifiedCap rate & NOI
Current use
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Bar & Pub
Location
Value estimations
Owner & transaction history
Zoning & alternative use
The NBD neighborhood business district is designed for established local business districts in the city. These districts were the commercial cores of towns that the city eventually annexed or developed along or at the in…
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
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Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
NBD · Omaha, NEThe NBD neighborhood business district is designed for established local business districts in the city. These districts were the commercial cores of towns that the city eventually annexed or developed along or at the in…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
The NBD neighborhood business district is designed for established local business districts in the city. These districts were the commercial cores of towns that the city eventually annexed or developed along or at the in…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for NBD in Omaha, NE.
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