11928 Center RdOmaha, NE 68144

Property Details for 11928 Center Rd

Year built

1978

Lot size

0.62 AC

Property size (Sq ft)

4,810 SF

Zone code

CC

Property type

Retail space

APN

1717856000

APU

1717856000

Description

This single-tenant, 4,810-square-foot retail space is located at 11928 W Center Rd, Omaha, NE 68144, at the intersection of 120th and W Center Road. Built in 1978, this free-standing building offers prime visibility with an estimated 53,702 cars passing daily (2023 data). The property features abundant parking located behind the building and allows for convenient stock-loading via a rear pass-through door. Pole signage is also available. The building is zoned CC and is a single-story structure. The lease rate is $18.00 per square foot, NNN, with estimated NNN expenses of $5.69 per square foot. This flex space presents a fantastic opportunity for businesses seeking high visibility and convenient access in a thriving Omaha location. The property consists of one building totaling 4,810 square feet.

• CAP approach

  CAP return

  Valuation

  6%

  $1,262,006

  6.5%

  $1,164,929

  7%

  $1,081,720

• Comparable approach

  Method

  Valuation

  Relative Method

  $618,666

  Geo Method

  $618,666

• Alternative Use

  Use

  Valuation

  Residential

  $982,661

  Hospitality

  $900,112

  Educational

  $748,883

  Medical

  $774,638

  Retail

  $1,164,929

Location Insight

City

Omaha

County

Douglas

State

Nebraska

Latitude

41.2346

Longitude

-96.0997

CBSA code

36540

CBSA name

OMAHA-COUNCIL BLUFFS, NE-IA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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