215 181St StOmaha, NE 68022

Property Details for 215 181St St

Year built

2019

Lot size

2.89 AC

Property size (Sq ft)

83,498 SF

Property type

Hotels

APN

1038940100

APU

1038940100

Description

This exceptional retail opportunity is located within the vibrant Aloft Omaha West Hotel at 215 S 181st St, Omaha, NE 68022, near the intersection of 180th & Burke Street in Douglas County. The property, built in 2019, offers a total of 48,460 square feet across a five-story building, with one building on the site. Currently, 7,200 square feet of contiguous retail space is available, with a minimum divisible space of 6,000 square feet. The space is ideally suited for a restaurant, boasting an adjacent outdoor patio and the potential for rooftop dining or an additional patio area. The building features elevators for convenient access to all floors. The property is zoned C10, providing flexibility for various restaurant concepts. This prime location offers high visibility and accessibility, making it an attractive option for businesses seeking a thriving environment within a well-established hotel. The space is perfect for a restaurant looking to capitalize on the hotel's foot traffic and the surrounding community. This is a unique opportunity to establish a successful restaurant in a high-demand area.

• CAP approach

  CAP return

  Valuation

  6%

  $19,984,558

  6.5%

  $18,447,284

  7%

  $17,129,622

• Comparable approach

  Method

  Valuation

  Relative Method

  $10,015,084

  Geo Method

  $10,015,084

• Alternative Use

  Use

  Valuation

  Residential

  $20,139,074

  Hospitality

  $18,447,284

  Educational

  $15,347,924

  Medical

  $15,875,763

  Retail

  $23,874,548

Location Insight

City

Elkhorn

County

Douglas

State

Nebraska

Latitude

41.2571

Longitude

-96.1972

CBSA code

36540

CBSA name

OMAHA-COUNCIL BLUFFS, NE-IA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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