4502 42Nd StOmaha, NE 68107

Property Details for 4502 42Nd St

Year built

2001

Lot size

0.54 AC

Property size (Sq ft)

3,256 SF

Property type

Office buildings

APN

1300680000

APU

1300680000

Description

This exceptional 3,256 square foot office building, located at 4502 S 42nd Street in Omaha, Nebraska, presents a unique investment opportunity. Built in 2001, this two-story structure sits on a 0.54-acre lot, offering substantial street visibility from 42nd Street. The building is well-maintained and in excellent condition, boasting a blend of private offices and open work areas, perfect for a variety of business needs. Natural light floods the space, creating a bright and productive environment. The layout includes a convenient break room, a professional conference room, private offices to ensure privacy, multiple restrooms, a relaxing balcony, and built-in workstations for immediate functionality. Ample parking is available on the large lot, which also includes attractive green space. The property is zoned LO and offers significant potential for expansion

• CAP approach

  CAP return

  Valuation

  6%

  $477,141

  6.5%

  $440,438

  7%

  $408,978

• Comparable approach

  Method

  Valuation

  Relative Method

  $166,186

  Geo Method

  $166,186

• Alternative Use

  Use

  Valuation

  Residential

  $546,142

  Hospitality

  $500,264

  Educational

  $416,213

  Medical

  $430,528

  Retail

  $647,443

Location Insight

City

Omaha

County

Douglas

State

Nebraska

Latitude

41.2141

Longitude

-95.9767

CBSA code

36540

CBSA name

OMAHA-COUNCIL BLUFFS, NE-IA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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