608 114Th St Omaha, NE 68154
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.
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Perkins Properties Real Estate Agency
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.