608 114Th St Omaha, NE 68154
- Commercial real estate
- 155,000 SF
Current Use by Public Records
- Perkins Properties / Real Estate Agency
Property Details for 608 114Th St
- Year built
- 1988
- Property size
- 155,000 SF
- Property type
- Commercial real estate
Description
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.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Omaha
- County
- Douglas
- State
- Nebraska
- Longitude
- -96.091076
- Latitude
- 41.26462001