950 10Th StOmaha, NE 68108

Property Details for 950 10Th St

Year built

1890

Lot size

1.52 AC

Property size (Sq ft)

84,173 SF

Property type

Office buildings

APN

730174047

APU

730174047

Description

The Rail & Commerce Building, a beautifully renovated historic property (1890, renovated 2015) located at 950 S 10th St, Omaha, NE 68108, offers flexible office space ideal for creative businesses and coworking environments. This four-story building in Douglas County boasts 81,935 total square feet, with 23,176 square feet currently vacant and immediately available. Spaces are divisible to a minimum of 2,000 square feet, allowing for customization to suit various business needs, with a maximum contiguous space of 23,176 square feet. The building is equipped with elevators for convenient access to all floors. Committed to sustainability, the Rail & Commerce Building utilizes rooftop solar panels and renewable energy credits to achieve carbon neutrality. A comprehensive composting and recycling program contributes to its zero-waste initiative. An additional 46,000 square feet of space can be made available upon request, providing significant expansion opportunities for growing businesses. This unique property blends historic charm with modern amenities, offering a distinctive and environmentally conscious workspace in the heart of Omaha.

• CAP approach

  CAP return

  Valuation

  6%

  $18,661,278

  6.5%

  $17,225,796

  7%

  $15,995,382

• Comparable approach

  Method

  Valuation

  Relative Method

  $4,296,190

  Geo Method

  $4,296,190

• Alternative Use

  Use

  Valuation

  Residential

  $21,359,986

  Hospitality

  $19,565,632

  Educational

  $16,278,377

  Medical

  $16,838,216

  Retail

  $25,321,920

Location Insight

City

Omaha

County

Douglas

State

Nebraska

Latitude

41.2505

Longitude

-95.9308

CBSA code

36540

CBSA name

OMAHA-COUNCIL BLUFFS, NE-IA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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