This exceptional single-tenant retail property, located at 8919 N 30th Street in Omaha, Nebraska, presents a unique investment opportunity. The 3,086 square foot building, constructed in 1926, sits on a 0.56-acre lot and is classified as Class C. The property boasts a convenient single-story design, offering easy accessibility and functionality. Ample parking is available with 20 spaces provided on-site. The interior features a fully equipped bar area, complete with a walk-in cooler, built-in bar fixtures, and a dance floor. Furniture is included in the sale, streamlining the transition for a new owner. The property is zoned GI and situated in the Northeast Omaha submarket, benefiting from a vibrant and established local community. The building's history adds character and charm, while its functional layout and existing improvements offer immediate potential for continued success. This is an ideal opportunity for an investor seeking a turn-key operation in a desirable location. The property's size and features make it suitable for a variety of uses within the retail sector, offering flexibility for future growth and adaptation. The zip code is 68112.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
CAP approach
CAP return
Valuation
6%
$655,329
6.5%
$604,919
7%
$561,710
Comparable approach
Method
Valuation
Relative Method
$396,924
Geo Method
$396,924
Alternative Use
Use
Valuation
Residential
$510,272
Hospitality
$467,406
Educational
$388,876
Medical
$402,250
Retail
$604,919
Location Insight
City
Omaha
County
Douglas
State
Nebraska
Latitude
41.3416
Longitude
-95.9614
CBSA code
36540
CBSA name
OMAHA-COUNCIL BLUFFS, NE-IA METROPOLITAN STATISTICAL AREA
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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