You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
Back to Search
Property profile & analytics
OFF-MARKET Estimated value $760,000
Retail space

613 16th St Omaha, NE 68102-3104

5,968 SF 0.2 ac lot Built 1888
Entity Owned 8-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US57-0195362
Property summary
AI-generated overview

Union Plaza II presents a unique opportunity to lease a substantial retail space in the vibrant heart of Douglas County's downtown submarket. This historic two-story storefront, originally constructed in 1888 and extensively renovated in 2016, offers a total of 5,968 square feet of contiguous, vacant space. The building boasts impressive architectural details, including abundant natural light and high ceilings, creating a captivating atmosphere for any business. A rare find in this location, off-street parking is available, providing significant convenience for both employees and customers. The property's prime location places it within easy walking distance of the Old Market, ensuring high visibility and foot traffic. This is a multi-tenant building, but the entire 5,968 square feet is currently available for lease. The building does not include elevators. This exceptional property is under new ownership and ready for a new tenant to establish their presence in this thriving downtown area. The property's rich history combined with its modern updates makes it an ideal location for a variety of retail businesses seeking a unique and highly visible space. The entire space is available for lease, offering a rare opportunity to secure a significant footprint in a desirable downtown location.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1888
Total area 5,968 SF
Lot 0.2 ac (8,778 SF)
APN 315790007
UPID US57-0195362
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
  • Dr. micheline M. omri, DDS Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$933k
Blend (final) Blend
$760k
Owner & transaction history
Greenhouse Coloardo LLC · 8 yrs held
Greenhouse Coloardo LLC
since 2018
7 recorded transactions
2024
Price N/A
2018
$765,000
2017
Price N/A
2017
$700,000
2015
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center $1.1M +19.6%
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 613 16th St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message