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Property profile & analytics
OFF-MARKET
Commercial real estate

608 114Th St Omaha, NE 68154

155,000 SF Built 1988
Property ID
US57-0077263
Property summary
AI-generated overview

This exceptional investment opportunity presents 17 available spaces within the Miracle Hills Park retail center, located at 608 N 114th St, Omaha, NE 68154, at the intersection of 114th & Dodge. Currently encompassing 137,000 square feet on a 23-acre lot in prime western Omaha, this Class A property is slated for high-density mixed-use redevelopment with groundbreaking soon to be announced. Built in 1988 and extensively renovated in 2023, the property features five single-story buildings totaling 155,000 square feet, offering spaces ranging from 1,140 to 29,750 square feet. The center boasts 800 parking spaces, catering to a substantial daytime and resident population. The surrounding area boasts strong demographics, including 92,037 residents within a 3-mile radius, an average household income of $78,066, and 95,523 workers. This location along Highway 6 provides excellent visibility and accessibility, making it an ideal location for retail, restaurant, and gym businesses. The minimum divisible space is 1,140 square feet. This redevelopment project presents a unique chance to be part of a thriving, high-growth area.

Property profile
Verified
Property type Commercial real estate
Year built 1988
Total area 155,000 SF
UPID US57-0077263
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
  • Perkins Properties Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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